Supporting Information
| Year | Retail Gasoline Price (Current dollars/gallon) | Retail Gasoline Price (Constant 2015 dollars/gallon) |
|---|---|---|
| 1994 | 1.11 | 1.65 |
| 1995 | 1.15 | 1.67 |
| 1996 | 1.23 | 1.76 |
| 1997 | 1.23 | 1.74 |
What was the highest gas price in New Jersey?
The average price for a gallon of gas in New Jersey is currently $3.38, according to the AAA. That’s up more than 35 cents over prices just one month ago. With the highest recorded average price at $3.99 (7/2008), many experts believe we could be in record territory come summer.
How much did a house cost in 1994?
Buying power of $100000 since 1967
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1993 | $458,646.82 | 2.72% |
| 1994 | $470,175.91 | 2.51% |
| 1995 | $482,083.90 | 2.53% |
| 1996 | $496,211.10 | 2.93% |
How much did a car cost in the 90s?
Prices in the 90s
| Item | 1990 | 1991 |
|---|---|---|
| Gas | 1.08 | 1.18 |
| Car | $9,437.00 | $9,989.00 |
| Income | $14,777.00 | $16,658.00 |
| House | $128,732.00 | $125,481.00 |
Why is gas so expensive in NJ?
The gasoline prices in NJ are determined by a marketplace that is just as competitive as the heating oil marketplace. The state is served by major interstate pipelines, ocean borne tankers, four petroleum refineries, numerous distribution terminals and thousands of service stations.
What was the price of gas last year?
Every year, gas prices continue to rise and therefore make owning a car that much more expensive. Those who were set back an average of $2.51 per gallon last year long for the $0.16 Americans paid 80 years ago. Using data from the Bureau of Labor Statistics (BLS), FindTheData found the average price of gas in every year since 1935.
What was the price of gas in 1935?
*Prices from 1935-1977 are estimated based on the gasoline bucket of the CPI. After 1978, FindTheData used the yearly averages reported by the BLS. circa 1935: A hand-operated kerb-side petrol pump, typical of those introduced on the Continent.
Where can I find the price of gas?
Using data from the Bureau of Labor Statistics (BLS), FindTheData found the average price of gas in every year since 1935. The data is a combination of observed price averages and estimates based on the Consumer Price Index (CPI).*
