Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Boston-Cambridge-Newton, MA-NH (CBSA)
This dataset tracks average price: gasoline, all types (cost per gallon/3.785 liters) in boston-cambridge-newton, ma-nh (cbsa) over time.
Latest Value
3.19
Year-over-Year Change
-12.54%
Date Range
1/1/1978 - 6/1/2025
Summary
This economic trend measures the average retail price of gasoline in the Boston-Cambridge-Newton, MA-NH metropolitan area. It is a key indicator of consumer energy costs and regional price dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Average Price: Gasoline, All Types trend represents the average price per gallon of regular, midgrade, and premium gasoline across retail stations in the Boston-Cambridge-Newton metropolitan statistical area. This data is used by economists and policymakers to assess regional fuel price trends and cost-of-living pressures.
Methodology
The data is collected through surveys of fuel retailers in the region by the U.S. Energy Information Administration.
Historical Context
This gasoline price data informs consumer spending analysis, inflation monitoring, and policy decisions related to energy markets.
Key Facts
- Gasoline is a major household expense in the Boston area.
- Prices vary based on regional supply, taxes, and seasonality.
- This data is released weekly by the U.S. Energy Information Administration.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of gasoline, including regular, midgrade, and premium blends, in the Boston-Cambridge-Newton metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This gasoline price data is a key indicator of consumer energy costs and regional price dynamics, informing analysis of inflation, household spending, and energy market conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of fuel retailers in the Boston-Cambridge-Newton region by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This gasoline price data informs consumer spending analysis, inflation monitoring, and policy decisions related to energy markets by economists and policymakers.
Q: Are there update delays or limitations?
A: The data is released on a weekly basis with minimal delay, providing timely insights on regional fuel price trends.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Boston-Cambridge-Newton, MA-NH (CBSA) (APUS11A7471A), retrieved from FRED.