The Bureau of Labor Statistics of the U.S. Department of Labor is the principal Federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy.
For Release: Thursday, June 25, 2020
MIDWEST INFORMATION OFFICE: Chicago, Ill.
(312) 353-1880 BLSInfoChicago@bls.gov www.bls.gov/regions/midwest
Average Energy Prices, Chicago-Naperville-Elgin — May 2020
Gasoline prices averaged $2.166 per gallon in the Chicago-Naperville-Elgin area in May 2020, the U.S.
Bureau of Labor Statistics reported today. Acting Regional Commissioner Julie Wilson noted that area
gasoline prices were down $1.00 compared to May 2019 when they averaged $3.166 per gallon. Chicago area
households paid an average of 15.0 cents per kilowatt-hour (kWh) of electricity in May 2020, less than the
16.1 cents in May 2019. In May, the average cost of utility (piped) gas was 75.3 cents per therm, less than its
average price of 77.8 cents per therm a year earlier. (Data in this release are not seasonally adjusted;
accordingly, over-the-year-analysis is used throughout.)
The $2.166 per gallon Chicago households paid for gasoline in May 2020 was 22.0 cents more than the
nationwide average of $1.946. In the previous four years in May (2016-2019), Chicago area gasoline prices
ranged from 9.0 cents to 20.3 cents more than the national average. (See chart 1.)
The 15.0 cents per kWh that Chicago households paid for electricity in May 2020 was 11.9 percent more than
the nationwide average cost of 13.4 cents per kWh. Average electricity costs in Chicago were higher than the
national average in the previous four years (2016-2019) in May, ranging from 9.5 percent to 18.4 percent
more. (See chart 2.)
Prices paid by Chicago area households for utility (piped) gas, commonly referred to as natural gas, were 75.3
cents per therm in May 2020, 27.4 percent less than the national average of $1.037 per therm. In each of the
previous four years (2016-2019) in May, Chicago area utility (piped) gas costs were lower than the national
average, ranging from 15.5 percent to 24.8 percent less. (See chart 3.)
The Chicago-Naperville-Elgin, IL-