According to the U.S. Bureau of Labor Statistics, prices for other motor fuels are 184.58% higher in 2024 versus 1997 (a $36.92 difference in value).
Between 1997 and 2024: Other motor fuels experienced an average inflation rate of 3.95% per year. This rate of change indicates significant inflation. In other words, other motor fuels costing $20 in the year 1997 would cost $56.92 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for other motor fuels was higher.
Below are calculations of equivalent buying power for Other motor fuels, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1997 | $20.00 | - |
| 1998 | $18.49 | -7.55% |
| 1999 | $19.17 | 3.65% |
| 2000 | $25.14 | 31.15% |
| 2001 | $24.62 | -2.06% |
| 2002 | $22.27 | -9.54% |
| 2003 | $24.40 | 9.53% |
| 2004 | $28.32 | 16.09% |
| 2005 | $36.75 | 29.75% |
| 2006 | $40.99 | 11.56% |
| 2007 | $43.43 | 5.94% |
| 2008 | $56.62 | 30.37% |
| 2009 | $36.51 | -35.52% |
| 2010 | $43.58 | 19.36% |
| 2011 | $55.92 | 28.32% |
| 2012 | $57.66 | 3.10% |
| 2013 | $56.68 | -1.69% |
| 2014 | $55.33 | -2.38% |
| 2015 | $39.50 | -28.61% |
| 2016 | $33.17 | -16.04% |
| 2017 | $38.19 | 15.15% |
| 2018 | $45.76 | 19.82% |
| 2019 | $44.24 | -3.33% |
| 2020 | $37.75 | -14.68% |
| 2021 | $47.55 | 25.96% |
| 2022 | $72.93 | 53.39% |
| 2023 | $62.95 | -13.68% |
| 2024 | $56.92 | -9.59%* |
* 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 Other motor fuels:
| Year | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| CPI | 100.000 | 92.454 | 95.831 | 125.685 | 123.100 | 111.362 | 121.977 | 141.600 | 183.731 | 204.969 | 217.145 | 283.092 | 182.549 | 217.895 | 279.608 | 288.282 | 283.401 | 276.665 | 197.519 | 165.843 | 190.966 | 228.810 | 221.200 | 188.735 | 237.726 | 364.637 | 314.763 | 284.576 |