Measuring Worth - Measures of worth, inflation rates, saving calculator, relative value, worth of a dollar, worth of a pound, purchasing power, gold prices, GDP, history of wages, average wage. The "real" price of gasoline: Gasoline cost 27 cents a gallon in 1949 compared to around $3.60 today.* How has the relative cost of buying gas changed over the last 63 years?
Presented here are two tables computing the annual "real" cost using our seven indicators, one in 2012 dollars, and the other in 1949 dollars. While the two tables show the same trends, they do give a different perspective. Using the 2012 table and the CPI and the GDP deflator, we see that gasoline was quite expensive in 1980 and 1981 and the cheapest in 1998 and 1999.
Today, the real price using these two measures is higher than the period at the beginning of the 1980s. By looking at the share of the Consumer Bundle and GDP per capita, the story is a bit different. Gamer's Control. Top 5 Websites To Learn How To Hack Like A Pro.
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