7 On Your Side
Gas prices gobble up 9 percent of income
We all feel the pinch of high gasoline prices, but exactly how big is that toll? A new study says on average, gas is gobbling up 9 percent of our incomes.
That's nearly double the bite it took from our paychecks last year. Americans spent an average of $368 per household for gasoline during the month of April.
On average, we'll pump $4,300 worth of gasoline per household this year-- a record high.
gas prices, 7 on your side, michael finney
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