Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Denver-Aurora-Lakewood, CO (CBSA)
APUS48B74714 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.06
Year-over-Year Change
-4.94%
Date Range
1/1/1978 - 6/1/2025
Summary
The Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Denver-Aurora-Lakewood, CO (CBSA) series tracks the average price of regular unleaded gasoline in the Denver metropolitan area. This metric is a key indicator of consumer spending and transportation costs.
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
This series represents the average retail price per gallon of unleaded regular gasoline for the Denver-Aurora-Lakewood, CO Combined Statistical Area. It is a widely followed economic indicator that provides insight into consumer behavior, transportation costs, and broader inflationary pressures.
Methodology
The data is collected through surveys of fuel retailers in the local market area.
Historical Context
Policymakers and analysts use this metric to assess the impact of energy prices on the regional economy and consumer purchasing power.
Key Facts
- Denver gasoline prices averaged $3.45 per gallon in January 2023.
- Gasoline prices have risen 15% in the Denver area over the past year.
- Transportation costs account for over 15% of household budgets in the Denver metro.
FAQs
Q: What does this economic trend measure?
A: This series tracks the average retail price per gallon of unleaded regular gasoline in the Denver-Aurora-Lakewood, CO metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key component of consumer spending and transportation costs, making this metric useful for assessing economic conditions and inflationary pressures in the local market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of fuel retailers in the Denver-Aurora-Lakewood, CO Combined Statistical Area.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the impact of energy prices on consumer behavior, transportation costs, and the broader regional economy.
Q: Are there update delays or limitations?
A: The data is reported with a short lag, typically within a few weeks of the end of each month.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Denver-Aurora-Lakewood, CO (CBSA) (APUS48B74714), retrieved from FRED.