⛽ Price of Gas in 1994
Verdict: Inflation Trap
Gas cost $1.11 in 1994. Adjusted for inflation, that's $2.35 today. The actual price today is $3.45 — 46.6% more expensive.
⏱️ Labor Hours to Buy Gas
1994
0.1
hours of median work
Today
0.1
hours of median work
In 1994, 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