INDIANAPOLIS - INDIANAPOLIS — Indiana residents will soon be seeing an increase in prices as the gas pump.
The Indiana Department of Revenue published the gas use tax rate for the upcoming month. The tax will be increasing by 1.4 cents to 18.6 cents per gallon starting March 1.
Although the gas tax has decreased in recent months, Hoosiers have seen a significant increase over the last five years. In March 2018 the rate was 13.8 cents and 11.4 cents in March 2019.
At this time last year the gasoline tax rate was 18.4 cents per gallon.
Indiana calculates this tax by taking the average price per gallon of gasoline in the prior month and multiplying it by the state retail tax. The average retail cost of one gallon of gas last month was $2.66. This means that Indiana residents will end up paying an extra 18 cents per gallon.
The state average for one gallon of gas is currently $3.31 a gallon, ten cents lower than Tuesday’s national average of $3.40 a gallon.
The Triple-A Motor Club reports the average price of diesel fuel in Indiana Tuesday was $4.60 a gallon, a penny lower than Monday. It was also four cents lower than a week ago, 17-cents lower than a month ago, and 65-cents higher than a year ago.
(05-30-2023) Prairie Heights Community Schools Looking For Millgrove Township Board Member
(05-23-2023) Two Men Escaped From Ohio Prison
(05-18-2023) Hoosiers Urged To Check If They Have Part of $800 Million In Lost Money
(05-18-2023) Angola Middle School Is Hanging Up Their Yellow Jackets Mascot
(05-18-2023) Thursday Will Bring Warmer Temperatures And Sunny Skies
(05-17-2023) Five People Hospitalized After Box Truck Strikes Buggy
(05-17-2023) Judge Grants Continuance Of Trial For Man Accused Of Killing ISP Trooper
(05-17-2023) Wednesday Will Be Cooler With Clear Skies
(05-16-2023) Seasonable Weather Continues On Tuesday
(05-15-2023) Bulk Collection Reminder For City Of Angola Residents
(05-15-2023) Registration Remains Open For Indiana State Police Career Camp Until Spots Are Filled
(05-15-2023) Motorcyclist Injured In Weekend Crash
(05-15-2023) Warmer And Drier Weather Conditions For Monday
(05-13-2023) Local Lawmakers Welcome Local Student Pages To The Statehouse
(05-13-2023) Elkhart Plays Host To RV Industry Gathering
(05-15-2023) Plea Agreement Filed In Steuben County For October Hit-And-Run Incident That Killed One Teen And Injured Another
(05-12-2023) The Steuben County Farmer's Market Is Set For Opening Day This Saturday
(05-12-2023) Auburn-Garrett Drive In Begins Renovation Of New Screen
(05-12-2023) YMCA of Steuben County Hires New Chief Operating Officer
(05-12-2023) Trine University Announced Their Naming New Health Building After Earl Brooks