Your monthly gasoline bill: $368

gas prices, income, spendingClick the chart to see how your state shapes up By Ben Rooney, staff reporter


NEW YORK (CNNMoney) -- Round-trip airfare from New York to Los Angeles. More than a dozen dinners for two at Applebee's. Two 16 GB iPod nanos.

These are just a few of the things you could have bought if you weren't spending $368.09 a month on gasoline.

Gasoline prices and taxes by state
Prices at the pump can vary widely among states due to a number of factors. More

That's the average amount American households spent on gas in April, according to an exclusive analysis of data by the Oil Price Information Service for CNNMoney.

The study, which compared average gas prices with median incomes nationwide, also showed that U.S. households spent nearly 9% of their total income on gas last month.

That's more than double what the average American family spent just two years ago, when gas prices were hovering around $2.05 a gallon.

"Gas prices have just skyrocketed," said Fred Rozell, director of retail pricing at OPIS.

After surging nearly 30% this year, the national average price for regular gasoline is less than 2 cents away from $4 a gallon. That's still below the all-time high of $4.114, but prices in many parts of the country have already risen to new records well above that level.

For drivers in some states, the pinch of high gas prices is particularly painful.

Mississippi tops the list, with the average household spening over 14% of their total income on gas last month.

While gas in the state is relatively cheap, Mississippians have some of the lowest incomes in the nation, with the median household earning $36,646 a year.

In addition, many drivers in Mississippi commute long distances and have older cars that lack fuel efficiency, said Rozell.

At an average price of $3.64 a gallon, households in Mississippi spent $434.52 on gas in April.

In New York, where a large chunk of the population lives in urban areas with mass transit, households spent only 5.5% of their income on gas. That's despite an average gas price of $3.99 a gallon in April.

The only other region where drivers spend less income on gas is Washington D.C., where the average household spent just $89 on gas in April, or about 2% of total income. To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 17,367.78 -310.92 -1.76%
Nasdaq 4,698.72 -73.04 -1.53%
S&P 500 2,032.82 -24.27 -1.18%
Treasuries 1.78 -0.05 -2.90%
Data as of 12:31pm ET
Company Price Change % Change
Microsoft Corp 42.83 -4.18 -8.89%
Bank of America Corp... 15.60 -0.25 -1.59%
Intel Corp 34.13 -1.67 -4.68%
Apple Inc 110.53 -2.57 -2.27%
Cisco Systems Inc 26.81 -1.16 -4.15%
Data as of 12:16pm ET

Sections

Big companies are giving big red flags about their profit and sales outlooks for 2015. More

You need a lot less to get into the Top 1% in Arkansas than you do in Connecticut. More

Facebook gets court orders from Turkey to block pages depicting Mohammed, the Muslim prophet. More

On demand delivery startup WunWun is expecting its order volume to double by the time they close up shop on Monday. All thanks to a blizzard. More

CNNMoney/PayScale's top 100 careers with big growth, great pay and satisfying work. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2015. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.