Gasoline, regular · per gallon · 1998 Verified
$1.07in June 1998 — about $2.19 in today's money.
- Price in 1998$1.07
- Same money today$2.19
- Actual price now · July 2026$4.00
- Change since 1998+274%
Priced in working time
- Work to buy in 1998 · the federal minimum wage was $5.15/hour12 min
- Work to buy today · at $7.25/hour (2026)33 min
Observed price divided by the observed wage for the same year — nothing here is back-cast. See the minimum wage record →
Price history
Record & method
This is an observed price. The U.S. Bureau of Labor Statistics recorded it in June 1998; we have not adjusted the figure.
- Source
- U.S. Bureau of Labor Statistics via FRED. Public domain.
- Series
- GASREGW
- Observed
- June 1998
- Coverage
- August 1990 – July 2026
- Adjusted by
- CPIAUCNS · 163 → 333.952 (June 2026)
- License
- Public domain