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Sunday, December 22, 2024

Average Florida driver will spend $51.13 more on gas this January

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The average Florida driver will pay $51.13 more at the pump in January 2022 than they did in January 2021, according to an analysis of gas prices from the AAA motor club and Federal Highway Administration (FHA) data by Sunshine Sentinel.

Florida drivers will pay an average of $3.22 per gallon of regular gasoline this month versus $2.20 last year. This is a 46.5 percent increase equaling $1.02 per gallon.

Of the 24 Florida metropolitan areas analyzed, drivers in West Palm Beach-Boca Raton faced the largest price hike at the pump in the last year of $55.34. Crestview-Fort Walton Beach was spared the worst pain, with the price of gas rising $44.61 from January 2021 to January 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.

Florida drivers average 1,213.1 miles and use 50.1 gallons of gasoline per month, according to the FHA.

Florida gas price difference - January 2021 vs. January 2022

Market20222021CHG%Total increase
West Palm Beach-Boca Raton$3.42$2.32$1.1047.6%$55.34
Naples$3.31$2.22$1.0949.1%$54.59
Fort Lauderdale$3.28$2.22$1.0547.3%$52.73
Jacksonville$3.19$2.15$1.0448.4%$52.18
Port St. Lucie$3.26$2.22$1.0446.7%$51.98
Bradenton-Sarasota-Venice$3.20$2.17$1.0347.7%$51.83
Homosassa Springs$3.21$2.18$1.0347.2%$51.63
Daytona Beach$3.22$2.19$1.0347.1%$51.58
Sebastian-Vero Beach$3.24$2.22$1.0346.3%$51.43
Miami$3.24$2.21$1.0246.3%$51.33
Fort Myers-Cape Coral$3.19$2.17$1.0247.2%$51.28
Orlando$3.20$2.18$1.0246.9%$51.23
Tampa-St. Petersburg-Clearwater$3.19$2.18$1.0146.2%$50.48
The Villages$3.17$2.17$146.1%$50.18
Melbourne-Titusville$3.17$2.17$145.9%$50.03
Lakeland-Winter Haven$3.19$2.19$0.9945.3%$49.83
Gainesville$3.19$2.20$0.9945.0%$49.68
Ocala$3.19$2.21$0.9844.5%$49.23
Sebring$3.16$2.19$0.9744.4%$48.62
Punta Gorda$3.10$2.13$0.9745.5%$48.62
Panama City$3.14$2.17$0.9644.3%$48.22
Pensacola$3.14$2.21$0.9342.0%$46.52
Tallahassee$3.09$2.17$0.9242.2%$45.92
Crestview-Fort Walton Beach$3.08$2.19$0.8940.7%$44.61

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