⛽ Price of Gas in 1998
Verdict: Inflation Trap
Gas cost $1.06 in 1998. Adjusted for inflation, that's $2.04 today. The actual price today is $3.45 — 69.2% more expensive.
⏱️ Labor Hours to Buy Gas
1998
0.1
hours of median work
Today
0.1
hours of median work
In 1998, a median earner worked 0.1 hours to buy gas. Today, it takes 0.1 hours. It is 1.5x harder to earn.
📈 Gas Price History
1984
2024