Supporting Information
| Year | Retail Gasoline Price (Current dollars/gallon) | Retail Gasoline Price (Constant 2015 dollars/gallon) |
|---|---|---|
| 1961 | 0.31 | 1.91 |
| 1962 | 0.31 | 1.88 |
| 1963 | 0.30 | 1.84 |
| 1964 | 0.30 | 1.82 |
How much was a gallon of milk 1962?
Prices
| Cost of a new home: | $18,200.00 |
|---|---|
| Cost of a first-class stamp: | $0.04 |
| Cost of a gallon of regular gas: | $0.31 |
| Cost of a dozen eggs: | $0.54 |
| Cost of a gallon of Milk: | $0.49 |
What was the price of gasoline in 1962?
Historical Gas Prices, 1930 – 2015 Year Retail Gasoline Price (Current dollars/g Retail Gasoline Price (Constant 2015 dol 1962 0.31 1.83 1963 0.31 1.80 1964 0.30 1.76 1965 0.30 1.73
What was the average price of gas in 2012?
The highest average gas price was $3.64 in 2012, which is 167% more expensive than a decade earlier. What year did gas go over one dollar? The average price of gas first went over $1 a gallon in 1980, when it went from $0.86 per gallon to $1.19 per gallon. When was the last time gas was under $2 a gallon?
What was the price of gas in the 1980’s?
Between 1930 and 2015, the average price of regular gasoline has ranged from a low of $1.43 per gallon in 1998 to a high of $3.69 per gallon in 2012 when measured in constant 2015 dollars. The effect of the U.S. embargo of Iranian oil can be seen in the early 1980’s with the price of gasoline peaking in 1982.
What was the price of gas in 1964?
In 1964 it cost roughly 25 cents to buy a gallon of gas. Today if you have a 1964 quarter it is worth roughly $3.50, which can buy you a gallon of gas. End the Fed! The cheapest I remember seeing gas was between 25 and 28 cents in Southern California in 1966-68.
