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News Release Information

24-2555-CHI
Tuesday, December 17, 2024

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

Average Energy Prices, Detroit-Warren-Dearborn – November 2024

Gasoline prices averaged $3.226 a gallon in the Detroit-Warren-Dearborn area in November 2024, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Jason Palmer noted that area gasoline prices were down 17.7 cents compared to last November when they averaged $3.403 per gallon. Detroit area households paid an average of $1.149 per therm for utility (piped) gas in November 2024, similar to the $1.169 per therm in November 2023. (Data in this release are not seasonally adjusted; accordingly, over-the-year-analysis is used throughout.)

The $3.226 average cost for a gallon of gasoline in the Detroit area compared to the $3.315 a gallon national average in November 2024. Last November, gasoline costs in Detroit were 22.0 cents, or 6.1 percent, lower than the national average of $3.623. Gasoline prices in the Detroit area have ranged from $3.865 to $1.982 over the previous five Novembers. (See chart 1.)


Prices paid by Detroit area consumers for utility (piped) gas, commonly referred to as natural gas, were $1.149 per therm in November 2024, 33.8 cents, or 22.7 percent, below the national average of $1.487 per therm. Over the past five Novembers in which data are available, utility (piped) gas prices in the Detroit area have ranged from $1.352 per therm to 95.4 cents per therm. (See chart 2.)


The Detroit-Warren-Dearborn, MI Metropolitan Statistical Area consists of Lapeer, Livingston, Macomb, Oakland, St. Clair, and Wayne Counties in Michigan.

The Consumer Price Index for December 2024 is scheduled to be released on Wednesday, January 15, 2025, at 7:30 a.m. (CT).

Notice Regarding Ceasing Publication of Utility Indexes

With the publication of January 2025 data in February 2025, several indexes and average price series will be discontinued.

The following CPI indexes will continue to be published at the national level, but will be discontinued for all metropolitan areas, census divisions, and regional size classes:

  • Electricity
  • Utility (piped) gas (often referred to as natural gas)
  • Energy services
  • Fuels and utilities
  • Household energy

The following CPI average price series will continue to be published at the national level, but will be discontinued for all metropolitan areas, census divisions, and regional size classes:

  • Electricity per KWH
  • Utility (piped) gas per therm

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 Detroit-Warren-Dearborn, MI, November 2023–November 2024, not seasonally adjusted
Year and monthGasoline per gallonElectricity per kWhUtility (piped) gas per therm
United StatesDetroit areaUnited StatesDetroit areaUnited StatesDetroit area

2023

November

$3.623$3.403$0.168$0.195$1.442$1.169

December

3.4113.1310.1691.4291.166

2024

January

3.3533.0620.1730.2081.4521.135

February

3.4863.2840.1730.2041.465

March

3.7073.6090.1741.429

April

3.9073.6950.1730.2031.3751.124

May

3.8853.6900.1750.2031.3691.129

June

3.7293.6460.1780.2121.4071.131

July

3.7473.6980.1780.2121.4081.139

August

3.6483.6560.1770.2121.4011.137

September

3.4783.4690.1780.2121.3991.107

October

3.4123.4430.1770.2051.4221.139

November

3.3153.2260.1761.4871.149

Note: Dash (–) indicates no data available.

 

Last Modified Date: Tuesday, December 17, 2024