1996 Gas Price in Today's Dollars
Amount
$
From
To
In the year 1996, the average retail price of gas was $1.24.
This is equivalent to $2.48 in 2024 dollars.
Note: We determine the value of a dollar using the Consumer Price Index from December of the previous year.
How much has gas gone up with inflation?
Here's how much the 1996 gasoline price of $1.24 would be worth over time, compared to the actual price from that year.
Year | Inflation-adjusted | Actual |
---|---|---|
2023 | $2.40 | $3.63 |
2022 | $2.25 | $4.06 |
2021 | $2.10 | $3.09 |
2020 | $2.08 | $2.26 |
2019 | $2.03 | $2.69 |
2018 | $1.99 | $2.82 |
2017 | $1.95 | $2.53 |
2016 | $1.91 | $2.25 |
2015 | $1.90 | $2.51 |
2014 | $1.88 | $3.44 |
2013 | $1.85 | $3.58 |
2012 | $1.82 | $3.69 |
2011 | $1.77 | $3.58 |
2010 | $1.74 | $2.83 |
2009 | $1.70 | $2.40 |
2008 | $1.70 | $3.31 |
2007 | $1.63 | $2.85 |
2006 | $1.59 | $2.62 |
2005 | $1.54 | $2.31 |
2004 | $1.49 | $1.89 |
2003 | $1.46 | $1.60 |
2002 | $1.43 | $1.38 |
2001 | $1.41 | $1.47 |
2000 | $1.36 | $1.52 |
1999 | $1.32 | $1.18 |
1998 | $1.30 | $1.07 |
1997 | $1.28 | $1.24 |
1996 | $1.24 | $1.24 |