2020 Gas Price in Today's Dollars
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In the year 2020, the average retail price of gas was $2.26.
This is equivalent to $2.70 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 2020 gasoline price of $2.26 would be worth over time, compared to the actual price from that year.
Year | Inflation-adjusted | Actual |
---|---|---|
2023 | $2.61 | $3.63 |
2022 | $2.45 | $4.06 |
2021 | $2.29 | $3.09 |
2020 | $2.26 | $2.26 |