How much would a gallon of gas cost today?

[question everything]

I remember in the early '70s, a gallon in Chicago cost around 30 cents, and an average house cost, I think, $30K

In the early '80s it was $1.50 but then declined. An average house cost $75K.

How much, then, would a gallon of gas cost today?

[phantom power]

1. In today's dollars, a gallon of gas cost about $3.00 in 1981.

So, we're not quite at the all-time high yet.

[question everything]

2. Thanks. And I think that a bottle of water is still more expensive

[firefox]

3. Distilled water is 58 cents a gallon at WalMart n/t

[ComerPerro]

4. I don't think using the housing comparison works

Mainly because you are only looking at two prices, both of which could be determined by a wide variety of unrelated factors.

But, I understand that you were asking for the cost of gas in 1981, converted to 2005 dollars.

And, I have no idea.