Thursday, October 20, 2022
Gasoline prices averaged $4.035 per gallon in the Detroit-Warren-Dearborn area in September 2022, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Jason Palmer noted that area gasoline prices were up 72.2 cents compared to September 2021, when they averaged $3.313 per gallon. Detroit area households paid an average of 18.8 cents per kilowatt-hour (kWh) of electricity in September 2022, more than the 18.3 cents per kilowatt-hour paid in September 2021. In September, the average cost of utility (piped) gas was $1.439 per therm, up 40.8 percent from its average price of $1.022 per therm a year earlier. (Data in this release are not seasonally adjusted; accordingly, over-the-year-analysis is used throughout.)
The $4.035 per gallon Detroit households paid for gasoline in September 2022 was comparable to the nationwide average of $3.990. In the previous four years, in September (2018-2021), gasoline prices in the Detroit area were similar to the national average, except in September 2020, when gasoline prices were 19.3 cents less than the national average. (See chart 1.)
Detroit households paid 18.8 cents per kWh for electricity in September 2022, 12.6 percent more than the national average cost of 16.7 cents per kWh. In the previous four years (2018-2021), in September, average electricity costs in the Detroit area were higher than the national average, ranging from 13.0 percent to 31.4 percent more. (See chart 2.)
Prices paid by Detroit area households for utility (piped) gas, commonly referred to as natural gas, were $1.439 per therm in September 2022, 17.3 percent less than the national average of $1.739 per therm. In the previous four years (2018-2021), in September, Detroit area utility (piped) gas costs were lower than the national average, ranging from 15.6 percent to 21.5 percent less. (See chart 3.)
The Consumer Price Index for November 2022 is scheduled to be released on December 13, 2022.
Average prices are estimated from Consumer Price Index (CPI) data for selected commodity series to support the research and analytic needs of CPI data users. Average prices for electricity, utility (piped) gas, and gasoline are published monthly for the U.S. city average, the 4 regions, 9 divisions, 2 population size classes, 8 region/size-class cross-classifications, and the 23 largest local index areas. For electricity, average prices per kilowatt-hour (kWh) are published. For utility (piped) gas, average prices per therm are published. For gasoline, the average price per gallon is published. Average prices for commonly available grades of gasoline are published as well as the average price across all grades.
All eligible prices are converted to a price per normalized quantity. These prices are then used to estimate a price for a defined fixed quantity. The average price per kilowatt-hour represents the total bill divided by the kilowatt-hour usage. The total bill is the sum of all items applicable to all consumers appearing on an electricity bill including, but not limited to, variable rates per kWh, fixed costs, taxes, surcharges, and credits. This calculation also applies to the average price per therm for utility (piped) gas.
Information in this release will be made available to sensory impaired individuals upon request. Voice phone: (202) 691-5200; Telecommunications Relay Service: 7-1-1.
|Year and month||Gasoline per gallon||Electricity per kWh||Utility (piped) gas per therm|
|United States||Detroit area||United States||Detroit area||United States||Detroit area|
Note: Dash (–) indicates no data available.
Last Modified Date: Thursday, October 20, 2022