Gasoline, regular · per gallon · 1916 Estimated
This figure may be significantly off. It is projected back 74 years from the first recorded price, using general inflation. Items do not track inflation evenly — groceries in particular were far more expensive relative to other goods before modern agriculture, so a figure this old can understate the real price by two-fold or more. Use it for a sense of scale, not as a historical price.
$0.10in June 1916 — about $3.02 in today's money.
- Price in 1916$0.10
- Same money today$3.02
- Actual price now · July 2026$4.00
- Change since 1916+3994%
Price history
Record & method
No price was recorded for 1916. This figure is estimated: we took the earliest observed price (August 1990) and moved it back along the category inflation curve — a back-cast of 74 years. The further back it reaches, the less it should be trusted. Treat it as an approximation, not a historical fact.
- Source
- U.S. Bureau of Labor Statistics via FRED. Public domain.
- Series
- GASREGW
- Estimated for
- June 1916
- Coverage
- August 1990 – July 2026
- Adjusted by
- CPIAUCNS · 10.8 → 333.952 (June 2026)
- Back-cast
- 74 years before the first record · very low confidence
- License
- Public domain