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

2. Mississippi

Regular gas price per gallon: $3.53

Tax per gallon: 18.8 cents (7th lowest)

Number of operating refineries: 3

Last year, Mississippi had a median household income of just $36,919, making it the poorest state in the country by that measure. Although the state’s economy is suffering, there has only been a 25 cents per gallon increase in Mississippi’s gas prices over the past year, compared a rise of 36 cents nationally. The state currently charges just 18.8 cents in state taxes per gallon of gas, less than all but six states. Costs also were kept down by a close proximity to the nation’s largest oil refiners, Louisiana and Texas.

(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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