Our Mississippi Home Staff
A new study by car subscription providers, FINN, has looked at the average prices of regular, mid-grade, premium and diesel gas in each US state to determine which state has the best value for fuel in 2023.
You can find the full research here: https://www.finn.com/en-US/us-gas-price-report
Revealed: The best US states for the cheapest gas prices…
|
Rank
|
State
|
Average price of regular gas ($)
|
Average price of mid-grade gas ($)
|
Average price of premium gas ($)
|
Average price of diesel gas ($)
|
|
1
|
Texas
|
$3.086
|
$3.464
|
$3.795
|
$4.153
|
|
2
|
Mississippi
|
$3.124
|
$3.497
|
$3.853
|
$4.316
|
|
3
|
Missouri
|
$3.136
|
$3.416
|
$3.741
|
$4.113
|
|
4
|
Oklahoma
|
$3.136
|
$3.454
|
$3.701
|
$3.980
|
|
5
|
Kentucky
|
$3.143
|
$3.581
|
$3.950
|
$4.386
|
|
6
|
Arkansas
|
$3.145
|
$3.495
|
$3.840
|
$4.193
|
|
7
|
South Carolina
|
$3.176
|
$3.542
|
$3.891
|
$4.401
|
|
8
|
Kansas
|
$3.182
|
$3.455
|
$3.760
|
$4.114
|
|
9
|
Louisiana
|
$3.193
|
$3.559
|
$3.921
|
$4.336
|
|
10
|
Tennessee
|
$3.197
|
$3.569
|
$3.928
|
$4.390
|
Texas has the cheapest gas prices in the US, where the average cost is $3.086 per gallon. Texas is the second-largest state by both area and population, and also has gas prices which are $0.37 cheaper than the national average. Across the US, Texas ranks sixth for daily travel with 17,123 lane miles and is also in sixth place for an increase in vehicle miles of travel since 2000, with a rate of 49%.
Mississippi has the second cheapest gas prices in the US, with an average cost of $3.124 per gallon. There are four states that border Mississippi – Alabama, Louisiana, Arkansas and Tennessee – all of which have higher gas prices. Since 2000, the residents of Mississippi have increased their miles of travel by 45%, which is a whopping 19% higher than the national average.
In third place for the cheapest gas prices in the US is Oklahoma, with an average cost of $3.136 per gallon. Of the six states that border Oklahoma, only Texas has cheaper gas prices. Regular gas in Missouri also has an average price of $3.136, however, prices of other types of gas, such as diesel, tend to be higher in Missouri than they are in Oklahoma.
FURTHER FINDINGS:
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Hawaii is the state with the most expensive gas prices, having an average cost of $4.907 per gallon of gas, which is $1.821 more expensive than Texas.
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New Hampshire has had the smallest increase in gas prices over the last 10 years, increasing from $3.058 to $3.377 per gallon of fuel and rising by just 10.43%.
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Arizona has had the smallest increase in gas prices over the last 20 years, rising from $1.167 to $3.508 per gallon of fuel, increasing by 200.60%.
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In Texas, you can purchase 16.20 gallons of fuel for $50, which would allow you to travel approximately 356 miles in a Ford F-150. This is about 4 miles more than you would get in the state of Mississippi and 6 miles more than in Missouri.
You can find the full research here: https://www.finn.com/en-US/us-gas-price-report
Disclaimer: This information is from an independent research company, not Our Mississippi Home.
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