While inflation continues to strain household budgets, there’s one bright spot — gas prices are falling. According to Payless Power, the national average price of gasoline has dropped by 12% since 2023 — and in some states, the decline has been even steeper.
Here are the 12 states where gas prices have dropped the most over the past two years.
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Colorado
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Drop in gas prices (2023-2025): -$0.86
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Utah
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Drop in gas prices (2023-2025): -$0.50
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New Mexico
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Drop in gas prices (2023-2025): -$0.47
Arizona
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Drop in gas prices (2023-2025): -$0.46
Nevada
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Drop in gas prices (2023-2025): -$0.43
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Michigan
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Drop in gas prices (2023-2025): -$0.39
Hawaii
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Drop in gas prices (2023-2025): -$0.38
Maine
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Drop in gas prices (2023-2025): -$0.37
Louisiana
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Drop in gas prices (2023-2025): -$0.37
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Ohio
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Drop in gas prices (2023-2025): -$0.37
North Dakota
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Drop in gas prices (2023-2025): -$0.37
Tennessee
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Drop in gas prices (2023-2025): -$0.36
Editor’s note: Data was sourced from Payless Power and is accurate as of July 3, 2025.
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This article originally appeared on GOBankingRates.com: 12 States That Have Seen the Biggest Drop in Gas Prices Since 2023
