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News Release Information

22-1877-SAN
Wednesday, September 14, 2022

Contacts Technical information: Media contact:
  • (415) 625-2270

Average Energy Prices, Los Angeles-Long Beach-Anaheim – August 2022

Gasoline prices averaged $5.423 a gallon in the Los Angeles-Long Beach-Anaheim area in August 2022, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Chris Rosenlund noted that area gasoline prices were $0.994 higher than last August when they averaged $4.429 per gallon. Los Angeles area households paid an average of 24.4 cents per kilowatt hour (kWh) of electricity in August 2022, higher than the 22.1 cents price per kWh paid in August 2021. The average cost of utility (piped) gas at $2.227 per therm in August was higher than the $1.705 per therm spent last year. (Data in this release are not seasonally adjusted; accordingly, over-the-year-analysis is used throughout.) 

At $5.423 a gallon, Los Angeles area consumers paid 29.0 percent more than the $4.205 national average in August 2022. A year earlier, consumers in the Los Angeles area paid 32.2 percent more than the national average for a gallon of gasoline. The local price of a gallon of gasoline has ranged from 23.7 to 40.6 percent above the national average in the month of August during the past five years. (See chart 1.)

Chart 1. Average prices for gasoline, the United States and Los Angeles-Long Beach-Anaheim, CA, 2018–22 (as of August)

The 24.4 cents per kWh Los Angeles households paid for electricity in August 2022 was 46.1 percent more than the nationwide average of 16.7 cents per kWh. Last August, electricity costs were 53.5 percent higher in Los Angeles compared to the nation. In the past five years, prices paid by Los Angeles area consumers for electricity exceeded the U.S. average by 30.9 percent or more in the month of August. (See chart 2.)

Chart 2. Average prices for electricity, the United States and Los Angeles-Long Beach-Anaheim, CA, 2018–22 (as of August)

Prices paid by Los Angeles area consumers for utility (piped) gas, commonly referred to as natural gas, were $2.227 per therm, 31.5 percent more than the national average in August 2022 ($1.694 per therm). A year earlier, area consumers paid 34.6 percent more per therm for natural gas compared to the nation. In the Los Angeles area over the past five years, the per therm cost for natural gas in August has varied between 25.3 percent and 50.4 percent above the U.S. average. (See chart 3.)

Chart 3. Average prices for utility (piped) gas, the United States and Los Angeles-Long Beach-Anaheim, CA, 2018–22 (as of August)

The Los Angeles-Long Beach-Anaheim metropolitan area consists of Los Angeles and Orange Counties in California.


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 Los Angeles-Long Beach-Anaheim, CA, August 2021–August 2022, not seasonally adjusted
Year and month Gasoline per gallon Electricity per kWh Utility (piped) gas per therm
United States Los Angeles area United States Los Angeles area United States Los Angeles area

2021

August

$3.351 $4.429 $0.144 $0.221 $1.267 $1.705

September

3.361 4.440 0.144 0.222 1.302 1.702

October

3.477 4.524 0.142 0.239 1.383 1.796

November

3.576 4.694 0.142 0.240 1.401 1.710

December

3.505 4.720 0.142 0.240 1.402 1.625

2022

January

3.500 4.708 0.147 0.248 1.409 1.878

February

3.675 4.809 0.148 0.248 1.413 1.642

March

4.401 5.824 0.150 0.258 1.411 1.693

April

4.369 5.893 0.151 0.251 1.445 1.664

May

4.695 6.044 0.154 0.252 1.565 1.987

June

5.149 6.423 0.160 0.247 1.699 2.284

July

4.768 6.024 0.166 0.244 1.629 2.006

August

4.205 5.423 0.167 0.244 1.694 2.227

 

Last Modified Date: Wednesday, September 14, 2022