Question 1

How much did gas cost in July 1988?

Accepted Answer

Gas cost $0.97 per gallon in July 1988, based on Gasoline, unleaded regular, per gallon/3.785 liters from U.S. Bureau of Labor Statistics Average Price Data.

Question 2

What is $0.97 in July 1988 worth in 2026?

Accepted Answer

$0.97 in 1988 has about the same purchasing power as $2.72 in 2026, using CPI-U.

How much did gas cost in July 1988?

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