⛽ Price of Gas in 1987
Verdict: Inflation Trap
Gas cost $0.95 in 1987. Adjusted for inflation, that's $2.62 today. The actual price today is $3.45 — 31.7% more expensive.
⏱️ Labor Hours to Buy Gas
1987
0.1
hours of median work
Today
0.1
hours of median work
In 1987, a median earner worked 0.1 hours to buy gas. Today, it takes 0.1 hours. It is 1.1x harder to earn.
📈 Gas Price History
1984
2024