BLS average price · U.S. city average

How much did gas cost in 1989?

Gas averaged $1.02 per gallon in 1989, based on 12 published monthly prices.

The BLS series measures Gasoline, unleaded regular, per gallon/3.785 liters. Prices below are national estimates for this specific product definition, rather than a quote from an individual shop or a local price index.

Gas prices over time

Annual means of published BLS monthly prices. Partial years include only available observations. The highlighted point marks 1989.

What changed during 1989?

Lowest reported monthly price

$0.918 per gallon

January 1989

Highest reported monthly price

$1.119 per gallon

May 1989

Between January and December, the monthly price changed by 6.8%. This compares the first and last available observations; it is different from the change in an annual average.

The annual average changed by 8.0% from 1988. Both years have all twelve monthly observations in this dataset.

Monthly gas prices in 1989

Published prices retain their three decimal places. Changes use those values before rounding. The adjusted column uses the same 1989 CPI reading for each month, rather than monthly CPI readings.

Month Price per gallon Change from previous month 2026 dollars
January 1989 $0.918 -1.3% $2.47
February 1989 $0.926 0.9% $2.49
March 1989 $0.940 1.5% $2.52
April 1989 $1.065 13.3% $2.86
May 1989 $1.119 5.1% $3.01
June 1989 $1.114 -0.4% $2.99
July 1989 $1.092 -2.0% $2.93
August 1989 $1.057 -3.2% $2.84
September 1989 $1.029 -2.6% $2.76
October 1989 $1.027 -0.2% $2.76
November 1989 $0.999 -2.7% $2.68
December 1989 $0.980 -1.9% $2.63

Compare nearby years and the latest data

Compare the original prices alongside their purchasing power in 2026 dollars. A partial-year average covers only the available months.

Year Coverage in this dataset Average per gallon 2026 dollars
1988 12 months $0.946 $2.66
1989 12 months $1.022 $2.74
1990 12 months $1.164 $2.97
2026 6 months · partial year $3.830 $3.83

Sources and calculation method

Where do the prices come from?
BLS Average Price Data, series APU000074714: Gasoline, unleaded regular, per gallon/3.785 liters. The local price dataset was updated on 2026-07-27. Monthly figures are BLS retail price estimates. They describe price levels; CPI measures price change.
How is the annual average calculated?
Fiat Watch takes the arithmetic mean of the available published monthly prices and stores it to three decimal places. These annual figures are calculated by Fiat Watch from BLS observations. Missing months are not filled in; fewer than twelve observations means the average covers only part of the year.
How are prices adjusted for inflation?
Original price × CPI-U in 2026 ÷ CPI-U in the original year. The index is Consumer Price Index for All Urban Consumers (CPI-U), U.S. city average, all items, series CUUR0000SA0. CPI data was updated on 2026-05-27. April CPI is used for 2026 until the annual average is published. This comparison estimates general purchasing power. It does not measure product-specific inflation or a local household's spending.