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24/7 Wall St.: States with the Cheapest Gas

9. Georgia

Regular gas price per gallon: $3.60

Tax per gallon: 28.6 cents (20th highest)

Number of operating refineries: 0

Georgia’s excise tax of 7.5 cents per gallon of gas is lower than any state except for Florida’s. But with 21.1 cents per gallon in other fees and taxes, Georgians actually pay more in gas taxes than residents of 30 other states. High taxes likely contributed to the state’s relatively higher transportation costs midyear — the most expensive among those states with the lowest gas prices. The good news for drivers, however, is that the price of gas has fallen by 24 cents per gallon over the past month, more than in any other state.

(iStock Photo)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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