⛽ Price of Gas in 1988
Verdict: Inflation Trap
Gas cost $0.95 in 1988. Adjusted for inflation, that's $2.51 today. The actual price today is $3.45 — 37.4% more expensive.
⏱️ Labor Hours to Buy Gas
1988
0.1
hours of median work
Today
0.1
hours of median work
In 1988, a median earner worked 0.1 hours to buy gas. Today, it takes 0.1 hours. It is 1.2x harder to earn.
📈 Gas Price History
1984
2024