Iowa Gas Prices Dip to $2.50 Average

Statewide average falls 5 cents from previous week

Published on Feb. 4, 2026

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The average price of regular unleaded gasoline in Iowa fell 5 cents from the previous week, now standing at $2.50 per gallon across the state.

Why it matters

Gas prices are a key economic indicator and can significantly impact consumer spending and the overall state economy. A decline in prices may provide some relief to Iowans dealing with high inflation and the rising cost of living.

The details

According to the latest data, the statewide average price for regular unleaded gasoline in Iowa dropped from $2.55 per gallon the previous week to $2.50 per gallon for the week of January 29 to February 4.

  • The price decline was recorded for the week of January 29 to February 4, 2026.

The players

Iowa

A Midwestern U.S. state known for its agricultural production and manufacturing industries.

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The takeaway

The 5-cent drop in Iowa's average gas price provides some economic relief for residents, though prices remain elevated compared to historical norms. Continued monitoring of fuel costs will be important as the state navigates broader inflationary pressures.