Question 1

How much did gas cost in December 1989?

Accepted Answer

Gas cost $0.98 per gallon in December 1989, based on Gasoline, unleaded regular, per gallon/3.785 liters from U.S. Bureau of Labor Statistics Average Price Data.

Question 2

What is $0.98 in December 1989 worth in 2026?

Accepted Answer

$0.98 in 1989 has about the same purchasing power as $2.63 in 2026, using CPI-U.

How much did gas cost in December 1989?

Related historical prices