⛽ Price of Gas in 1996
Verdict: Inflation Trap
Gas cost $1.23 in 1996. Adjusted for inflation, that's $2.46 today. The actual price today is $3.45 — 40.1% more expensive.
⏱️ Labor Hours to Buy Gas
1996
0.1
hours of median work
Today
0.1
hours of median work
In 1996, 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