Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

News Release Information

22-1508-CHI
Monday, July 18, 2022

Contacts Technical information: Media contact:
  • (312) 353-1138

Average Energy Prices, Chicago-Naperville-Elgin — June 2022

Gasoline prices averaged $5.814 per gallon in the Chicago-Naperville-Elgin area in June 2022, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Jason Palmer noted that area gasoline prices were up $2.326 compared to June 2021 when they averaged $3.488 per gallon. Chicago area households paid an average of 18.4 cents per kilowatt-hour (kWh) of electricity in June 2022, more than the 14.3 cents per kilowatt-hour paid in June 2021. In June, the average cost of utility (piped) gas was $1.772 per therm, up from its average price of $1.111 cents per therm a year earlier. (Data in this release are not seasonally adjusted; accordingly, over-the-year-analysis is used throughout.)

The $5.814 per gallon Chicago households paid for gasoline in June 2022 was 66.5 cents more than the nationwide average of $5.149. In the previous four years in June (2018-2021), gasoline prices in the Chicago area were as much as 24.3 cents more per gallon than the U.S. average. (See chart 1.)


The 18.4 cents per kWh that Chicago households paid for electricity in June 2022 was 15 percent more than the national average cost of 16.0 cents per kWh. In the past four years in June (2018-2021), Chicago area electricity costs were higher than the national average, ranging from 0.7 percent to 15.8 percent more. (See chart 2.)


Prices paid by Chicago area households for utility (piped) gas, commonly referred to as natural gas, were $1.772 per therm in June 2022, 4.3 percent more than the national average of $1.699 per therm. In the previous four years (2018-2021) in June, Chicago area utility (piped) gas costs were lower than the national average by as much as 25.4 percent less. (See chart 3.)


The Chicago-Naperville-Elgin, IL-IN-WI, core based statistical area consists of Cook, DeKalb, DuPage, Grundy, Kane, Kendall, Lake, McHenry, and Will Counties in Illinois; Jasper, Lake, Newton, and Porter Counties in Indiana; and Kenosha County in Wisconsin.

Historical average energy prices for the U.S. and select metropolitan areas are available at www.bls.gov/regions/midwest/data/averageenergyprices_selectedareas_table.htm.

The Consumer Price Index for June 2022 is scheduled to be released on Wednesday, July 13, 2022.


Technical Note

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.

Table 1. Average prices for gasoline, electricity, and utility (piped) gas, the United States and Chicago-Naperville-Elgin, IL-IN-WI, June 2021–June 2022, not seasonally adjusted
Year and month Gasoline per gallon Electricity per kWh Utility (piped) gas per therm
United States Chicago area United States Chicago area United States Chicago area

2021

June

$3.245 $3.488 $0.142 $0.143 $1.219 $1.111

July

3.326 3.543 0.143 0.147 1.241 1.101

August

3.351 3.531 0.144 0.148 1.267 1.120

September

3.361 3.534 0.144 0.144 1.302 1.128

October

3.477 3.641 0.142 0.143 1.383 1.192

November

3.576 3.697 0.142 0.146 1.401 1.182

December

3.505 3.558 0.142 0.146 1.402 1.228

2022

January

3.500 3.565 0.147 0.153 1.409 1.167

February

3.675 3.796 0.148 0.160 1.413 1.132

March

4.401 4.562 0.150 0.160 1.411 1.230

April

4.369 4.546 0.151 0.157 1.445 1.256

May

4.695 5.027 0.154 0.159 1.565 1.634

June

5.149 5.814 0.160 0.184 1.699 1.772

 

Last Modified Date: Monday, July 18, 2022