American Trucks surveyed over 1,000 Americans about how much they allocate to gas, their opinions on gas prices, and how current prices impact their summer travel plans. 

• Georgia has the 19th lowest average price for a gallon of gas in the U.S. ($3.35) - the average price of a gallon of gas in the U.S. is $3.58

• Even with the slightest gas price decrease over the last year, 25% of Americans are planning to travel less than they had on previous July 4th weekends; 68% plan to travel the same amount, and 7% plan to travel more 

  • Still, 46% of Americans plan to travel this year for July 4th, with Gen Z being the most likely to do so (61%)

• 38% of Americans say extreme heat and weather predictions negatively impacted their travel plans this year 

How much of Americans’ income goes into their gas tanks? With gas prices continually fluctuating, we wanted to find out—so we surveyed over 1,000 Americans about how much they allocate to gas, their opinions on gas prices, and how current prices impact their summer travel plans. We also uncovered regional differences in gas prices across the U.S. and how various demographics choose where to fill up. This article offers an overview of how gas prices will shape American lives and travel decisions in 2024.

Key Takeaways

• The average price of a gallon of gas in the U.S. is $3.58; California has the highest average price ($5.10) and Mississippi has the lowest ($3.03).

• On average, Americans spend $1,712 annually ($143 monthly) on gas; this represents roughly 3% of their annual income.

• On average, Americans believe that a gallon of gas should cost $2.37 per gallon, roughly 37% less than what they are currently paying.

• 23% of Americans are holding back on summer travel and/or road trips due to gas prices.

For the full report visit www.americantrucks.com