Propane, kerosene, and firewood priced at$20 in 2008$23.69 in 2026

Propane, Kerosene, And Firewood Inflation Calculator

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Prices for Propane, Kerosene, And Firewood, 2008-2026 ($20)

According to the U.S. Bureau of Labor Statistics, prices for propane, kerosene, and firewood are 18.46% higher in 2026 versus 2008 (a $3.69 difference in value).

Between 2008 and 2026:Propane, kerosene, and firewood experienced an average inflation rate of 0.95% per year. In other words, propane, kerosene, and firewood costing $20 in the year 2008 would cost $23.69 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.30% during this same period, inflation for propane, kerosene, and firewood was lower.

In the year 2008: Pricing changed by 20.36%, which is significantly above the average yearly change for propane, kerosene, and firewood during the 2008-2026 time period. Compared to inflation for all items in 2008 (3.84%), inflation for propane, kerosene, and firewood was much higher.

Price Inflation for Propane, kerosene, and firewood since 1986

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2000 (22.08%), 2021 (21.94%), and 2008 (20.36%).

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Buying power of $20.00 since 2008

Below are calculations of equivalent buying power for Propane, kerosene, and firewood, over time, for $20 beginning in 2008. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2008$20.0020.36%
2009$17.03-14.85%
2010$18.639.39%
2011$20.228.57%
2012$19.08-5.65%
2013$19.04-0.24%
2014$20.839.41%
2015$17.77-14.66%
2016$17.17-3.40%
2017$18.729.02%
2018$19.815.83%
2019$19.12-3.47%
2020$18.58-2.81%
2021$22.6621.94%
2022$26.5417.13%
2023$25.31-4.66%
2024$25.09-0.86%
2025$24.50-2.34%
2026$23.69-3.32%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Propane, kerosene, and firewood:

Year19861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI100.000101.600102.717104.042123.358122.667119.475119.992118.408118.075128.042131.392126.667127.392155.525168.708154.758181.925202.075240.567268.808285.957344.190293.062320.589348.050328.400327.604358.421305.881295.486322.124340.905329.086319.834389.993456.814435.541431.799421.707407.711

Adjust propane, kerosene, and firewood prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 2008* 2008 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Propane, kerosene, and firewood was 344.190 in the year 2008 and 407.711 in 2026:

407.711 / 344.190* $20 = $23.69

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2008 has the same "purchasing power" as $23.69 in 2026 (in the CPI category of Propane, kerosene, and firewood).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Propane, kerosene, and firewood in 1986. In addition to propane, kerosene, and firewood, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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