Average Gas Price 2024

Average Gas Price 2024. The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon. The general town gas tariff increased by 4.1% from an average of 22.2 cents per kwh in 2h 2023 to an average of 23.1 cents per kwh in 1h 2024.

To help people put gas prices into context, wallethub adjusted historical prices for inflation to show. The current national gas price average is $3.62 per gallon.