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Sunday, November 24, 2024

Fuel Analysis: Average Illinois driver will spend $34.36 more on gas this September

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The average Illinois driver will pay $34.36 more at the pump in September 2022 than they did in September 2021, according to an analysis of gas prices from the AAA motor club and Federal Highway Administration (FHA) data by Prairie State Wire.

Illinois drivers will pay an average of $4.16 per gallon of regular gasoline this month versus $3.36 last year. This is a 23.6 percent increase equaling $0.79 per gallon.

Of the 17 Illinois metropolitan areas analyzed, drivers in City of Chicago faced the largest price hike at the pump in the last year of $49.30. Kankakee-Bradley was spared the worst pain, with the price of gas rising $22.74 from September 2021 to September 2022.

Gas prices across the US hit a seven-year high following a significant drop at the beginning of the COVID-19 pandemic.

The price of gas, derived from the cost of oil manufactured around the world, has the power to substantially change the free market and influence many industries.

A short-term outlook report from the US Energy Information Administration predicted gas rates will fall throughout 2022.

Illinois drivers average 1,048.4 miles and use 43.3 gallons of gasoline per month, according to the FHA.

Illinois gas price difference - September 2021 vs. September 2022

Market20222021CHG%Total increase
City of Chicago$4.89$3.76$1.1430.3%$49.30
Chicago Metro$4.48$3.51$0.9727.5%$41.89
Elgin$4.16$3.35$0.8124.0%$34.88
Alexander County$4$3.20$0.8025.0%$34.66
Lake County$4.14$3.34$0.8023.9%$34.62
Davenport-Moline-Rock Island (IL only)$4.05$3.33$0.7221.7%$31.19
Decatur$3.87$3.21$0.6720.8%$28.90
East Saint Louis$3.90$3.25$0.6520.1%$28.33
Rockford$3.89$3.23$0.6520.2%$28.25
Peoria-Pekin$3.92$3.27$0.6519.8%$28.07
Champaign-Urbana$3.90$3.26$0.6419.8%$27.86
Bloomington-Normal$3.88$3.25$0.6319.5%$27.47
Carbondale-Marion$3.78$3.19$0.5918.6%$25.65
Springfield$3.85$3.26$0.5917.9%$25.34
Danville$3.78$3.22$0.5617.3%$24.13
Quincy$3.91$3.37$0.5416.1%$23.48
Kankakee-Bradley$3.78$3.25$0.5316.1%$22.74

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