Gasoline, unleaded midgrade priced at $1.19 in 1993→$4.38 in 2026

Gasoline, Unleaded Midgrade Inflation Calculator

Enter a starting cost to estimate an equivalent purchase using the category CPI. This is a hypothetical calculation, not an observed retail price.

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Prices for Gasoline, Unleaded Midgrade, 1993-2026 ($1.19)

According to the U.S. Bureau of Labor Statistics, prices for gasoline, unleaded midgrade are 268.39% higher in 2026 versus 1993 (a $3.19 difference in value).

The latest available average price is $4.685 in August 2026 for Gasoline, unleaded midgrade, per gallon/3.785 liters. See observed price history.

The dollar amounts in this section illustrate the category CPI calculation; they are not a series of observed prices.

Between 1993 and 2026:Gasoline, unleaded midgrade experienced an average inflation rate of 4.03% per year. This rate of change indicates significant inflation. In other words, gasoline, unleaded midgrade costing $1.19 in the year 1993 would cost $4.38 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for gasoline, unleaded midgrade was higher.

Price Inflation for Gasoline, unleaded midgrade since 1993

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2021 (31.66%), 2022 (30.66%), and 2000 (27.32%).

Gasoline, unleaded midgrade price history

Gasoline, unleaded midgrade, per gallon/3.785 liters. U.S. city average. Source: Bureau of Labor Statistics average prices, through August 2026.

These observed prices cover the specific product and unit above, which may be narrower than the gasoline, unleaded midgrade CPI category. Local prices vary.

● Average price paid● In 2026 dollars

Annual averages use the available monthly observations; 2026 is a partial year through August 2026. The latest monthly price above may differ from the annual average. Gaps are left blank.

Annual average prices for Gasoline, unleaded midgrade, per gallon/3.785 liters
YearAverage price paidIn 2026 dollars
2026 (partial)$4.386$4.386
2025$3.712$3.859
2024$3.872$4.137
2023$4.072$4.477
2022$4.429$5.069
2021$3.397$4.199
2020$2.517$3.258
2019$2.964$3.883
2018$3.031$4.041
2017$2.692$3.679
2016$2.401$3.351
2015$2.689$3.80
2014$3.555$5.03
2013$3.684$5.297
2012$3.773$5.505
2011$3.656$5.445
2010$2.909$4.469
2009$2.47$3.856
2008$3.381$5.26
2007$2.908$4.699
2006$2.688$4.467
2005$2.391$4.10
2004$1.978$3.507
2003$1.687$3.071
2002$1.47$2.737
2001$1.575$2.979
2000$1.602$3.116
1999$1.262$2.538
1998$1.159$2.382
1997$1.327$2.77
1996$1.323$2.825
1995$1.244$2.734
1994$1.22$2.757
1993$1.185$2.747

What did gasoline, unleaded midgrade cost in earlier years?

How are prices adjusted for inflation?

Price in 2026 dollars = observed annual price × (2026 all-items CPI ÷ that year's all-items CPI). This measures overall purchasing power using the U.S. inflation index; the latest CPI year may be incomplete.

Average prices describe price levels. Changes in the products and stores sampled can affect these averages; category CPI controls for such changes and can follow a different path. Read the BLS explanation of average prices versus indexes.


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Buying power of $1.19 since 1993

Below are calculations of equivalent buying power for Gasoline, unleaded midgrade, over time, for $1.19 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1993$1.19-
1994$1.233.24%
1995$1.241.15%
1996$1.315.68%
1997$1.31-0.11%
1998$1.15-12.71%
1999$1.248.57%
2000$1.5827.32%
2001$1.52-3.85%
2002$1.43-6.01%
2003$1.6615.79%
2004$1.9517.64%
2005$2.3721.56%
2006$2.6712.72%
2007$2.898.05%
2008$3.3716.80%
2009$2.47-26.70%
2010$2.9117.93%
2011$3.6725.86%
2012$3.793.36%
2013$3.70-2.30%
2014$3.59-2.91%
2015$2.68-25.32%
2016$2.42-9.97%
2017$2.7112.07%
2018$3.0613.00%
2019$2.98-2.49%
2020$2.57-13.75%
2021$3.3931.66%
2022$4.4330.66%
2023$4.03-8.95%
2024$3.87-3.92%
2025$3.70-4.56%
2026$4.3818.56%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Gasoline, unleaded midgrade:

Year1993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI100.000103.242104.425110.358110.24296.233104.483133.033127.917120.225139.208163.767199.075224.392242.455283.195207.588244.818308.137318.483311.144302.087225.606203.107227.627257.228250.813216.333284.831372.148338.837325.546310.713368.387

Adjust gasoline, unleaded midgrade prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1993* 1993 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Gasoline, unleaded midgrade was 100.000 in the year 1993 and 368.387 in 2026:

368.387 / 100.000* $1.19 = $4.38

Therefore, according to U.S. Bureau of Labor Statistics, $1.19 in 1993 has the same "purchasing power" as $4.38 in 2026 (in the CPI category of Gasoline, unleaded midgrade).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Gasoline, unleaded midgrade in 1993. In addition to gasoline, unleaded midgrade, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.