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News Release Information

22-2187-SAN
Tuesday, November 15, 2022

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

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

Gasoline prices averaged $6.102 a gallon in the Los Angeles-Long Beach-Anaheim area in October 2022, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Chris Rosenlund noted that area gasoline prices were $1.578 higher than last October when they averaged $4.524 per gallon. Los Angeles area households paid an average of 25.7 cents per kilowatt hour (kWh) of electricity in October 2022, higher than the 23.9 cents price per kWh paid in October 2021. The average cost of utility (piped) gas at $1.902 per therm in October was higher than the $1.796 per therm spent last year. (Data in this release are not seasonally adjusted; accordingly, over-the-year-analysis is used throughout.) 

At $6.102 a gallon, Los Angeles area consumers paid 47.7 percent more than the $4.130 national average in October 2022. A year earlier, consumers in the Los Angeles area paid 30.1 percent more than the national average for a gallon of gasoline. The local price of a gallon of gasoline has ranged from 30.1 to 51.2 percent above the national average in the month of October 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 October)

The 25.7 cents per kWh Los Angeles households paid for electricity in October 2022 was 54.8 percent more than the nationwide average of 16.6 cents per kWh. Last October, electricity costs were 68.3 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 35.3 percent or more in the month of October. (See chart 2.)

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

Prices paid by Los Angeles area consumers for utility (piped) gas, commonly referred to as natural gas, were $1.902 per therm, 14.0 percent more than the national average in October 2022 ($1.668 per therm). A year earlier, area consumers paid 29.9 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 October has varied between 14.0 percent and 38.5 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 October)

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, October 2021–October 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

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

September

3.990 5.555 0.167 0.244 1.739 2.224

October

4.130 6.102 0.166 0.257 1.668 1.902

 

Last Modified Date: Tuesday, November 15, 2022