Propane, kerosene, and firewood priced at $20 in 2023 $20 in 2023

Propane, Kerosene, And Firewood Inflation Calculator

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Prices for Propane, Kerosene, And Firewood, 2023-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for propane, kerosene, and firewood were similar in 2023 versus 2023 (a $0 difference in value).

Between 2023 and 2023: Propane, kerosene, and firewood experienced an average inflation rate of 0% per year. In other words, propane, kerosene, and firewood costing $20 in the year 2023 would cost $20 in 2023 for an equivalent purchase.

In the year 2023: Pricing changed by -4.66%, which is the average yearly change for propane, kerosene, and firewood during the 2023-2023 time period. Compared to inflation for all items in 2023 (4.12%), inflation for propane, kerosene, and firewood was much lower.

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 2023

Below are calculations of equivalent buying power for Propane, kerosene, and firewood, over time, for $20 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2023$20.00-4.66%
2024$20.351.74%*

* 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:

Year198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000101.600102.715104.038123.362122.669119.477119.992118.408118.077128.038131.392126.669127.392155.523168.708154.762181.923202.077240.569268.808285.957344.190293.062320.589348.050328.400327.604358.421305.881295.486322.124340.905329.086319.835389.993456.814435.541443.110

Adjust propane, kerosene, and firewood prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2023 * 2023 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Propane, kerosene, and firewood was 435.541 in the year 2023 and 435.541 in 2023:

435.541 / 435.541 * $20 = $20

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2023 has the same "purchasing power" as $20 in 2023 (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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