New Jersey Gas Prices Averaged $4.29 per Gallon
The statewide average price has risen by 43% over the last year.
Updated on Oct. 14, 2026 in Inflation
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The average price for a gallon of regular gasoline in New Jersey reached $4.29. This current rate represents a 43% increase compared to gas prices one year ago.
Why it matters
Drivers are spending approximately $1,000 more annually on fuel compared to last year based on a weekly 15-gallon fill-up. This shift in household fuel costs significantly impacts the monthly budgets of New Jersey residents.
The statewide average price is currently $4.29 per gallon, which is $0.04 below the national average of $4.33. Prices across New Jersey range from a low of $4.23 in Camden County to $4.42 in Cape May County.
The details
Filling a 15-gallon tank now costs approximately $64.42, reflecting an increase of $19.27 per visit since last year. While prices remain below the state record high of $5.06 reached in June 2022, they have seen a slight decline of $0.13 since mid-September.
Timeline
June 2022 saw the record high gasoline price of $5.06 per gallon in New Jersey.
The statewide average gas price was $3.01 per gallon in October 2025.
Mid-September 2026 marked a point where the average price was $4.42 per gallon.
The statewide average gas price reached $4.29 on October 14, 2026.
Macro View
Current state gasoline prices remain below the all-time high set in June 2022. This trajectory mirrors broader volatility cycles in energy markets where price spikes often test historical thresholds.
Residents should expect to allocate approximately $1,000 more annually to their fuel budgets compared to last year. These rising costs directly affect the disposable income available for other household necessities.
The takeaway
Drivers can mitigate the impact of rising fuel costs by monitoring price variances between neighboring counties. Maintaining consistent driving habits is essential as current fuel expenditures have increased significantly over the past twelve months.
Further reading
For additional context on rising costs, visit Inflation.
Source note: This article includes information reported by New Jersey 101.5.
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Do you feel that higher gas prices have significantly impacted your household budget this year?
