In the year 1971, the average retail price of gas was $0.36.
This is equivalent to $2.52 in 2022 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 1971 gasoline price of $0.36 would be worth over time, compared to the actual price from that year.
Year | Inflation-adjusted | Actual |
---|---|---|
2020 | $2.32 | $2.28 |
2019 | $2.27 | $2.46 |
2018 | $2.23 | $2.46 |
2017 | $2.18 | $2.50 |
2016 | $2.14 | $2.51 |
2015 | $2.12 | $2.45 |
2014 | $2.11 | $3.37 |
2013 | $2.08 | $3.53 |
2012 | $2.04 | $3.64 |
2011 | $1.98 | $3.53 |
2010 | $1.95 | $2.79 |
2009 | $1.90 | $2.35 |
2008 | $1.90 | $3.27 |
2007 | $1.83 | $2.80 |
2006 | $1.78 | $2.59 |
2005 | $1.72 | $2.30 |
2004 | $1.67 | $1.88 |
2003 | $1.64 | $1.59 |
2002 | $1.60 | $1.36 |
2001 | $1.57 | $1.46 |
2000 | $1.52 | $1.51 |
1999 | $1.48 | $1.17 |
1998 | $1.46 | $1.06 |
1997 | $1.43 | $1.23 |
1996 | $1.39 | $1.23 |
1995 | $1.35 | $1.15 |
1994 | $1.32 | $1.11 |
1993 | $1.28 | $1.11 |
1992 | $1.25 | $1.13 |
1991 | $1.21 | $1.14 |
1990 | $1.14 | $1.15 |
1989 | $1.09 | $1.00 |
1988 | $1.04 | $0.90 |
1987 | $1.00 | $0.90 |
1986 | $0.99 | $0.86 |
1985 | $0.95 | $1.12 |
1984 | $0.92 | $1.13 |
1983 | $0.88 | $1.16 |
1982 | $0.85 | $1.22 |
1981 | $0.78 | $1.31 |
1980 | $0.69 | $1.19 |
1979 | $0.61 | $0.86 |
1978 | $0.56 | $0.63 |
1977 | $0.53 | $0.62 |
1976 | $0.50 | $0.59 |
1975 | $0.47 | $0.57 |
1974 | $0.42 | $0.53 |
1973 | $0.38 | $0.39 |
1972 | $0.37 | $0.36 |
1971 | $0.36 | $0.36 |