⛽ Price of Gas in 2004
Verdict: Inflation Trap
Gas cost $1.88 in 2004. Adjusted for inflation, that's $3.12 today. The actual price today is $3.45 — 10.5% more expensive.
⏱️ Labor Hours to Buy Gas
2004
0.1
hours of median work
Today
0.1
hours of median work
In 2004, a median earner worked 0.1 hours to buy gas. Today, it takes 0.1 hours. It is 1.0x easier to earn.
📈 Gas Price History
1984
2024