US Gas Prices Hit $4.23 Average: Map Shows Prices Per State
Summary
The average price of gas in the U.S. has risen to $4.23 per gallon, driven by disruptions linked to the war in the Middle East. Inflation has reached a two-year high, mainly due to increases in fuel, food, and housing costs, which is linked to a drop in President Trump’s approval rating. Despite this, consumer confidence slightly improved in April, and job growth exceeded expectations.Key Facts
- The U.S. average gas price is now $4.23 per gallon, up from $2.98 before the war in Iran.
- California has the highest gas price, nearly $6 per gallon, with several other states also above $5.
- Inflation jumped to its highest level in two years in March, with gasoline prices rising 18.9% in one year.
- Food prices increased by 2.9%, housing costs rose 3%, and electricity prices went up by 4.6% in the last year.
- President Trump’s approval rating fell to its lowest point since he took office again in 2024. Only 22% approve of his handling of the cost of living.
- Despite inflation, consumer confidence rose slightly to 92.8 in April, the highest so far this year.
- Job growth in March was strong, with 178,000 new jobs added, more than twice expectations.
- The unemployment rate stayed steady at 4.3% in March.
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