What's the Cost Difference Between Regular and Premium Gas?
Premium gas costs 50 to 80 cents more per gallon than regular gas. Regular gas averages $2.84 per gallon nationwide as of mid-January 2026. Premium falls between $3.34 and $3.64 per gallon. The gap holds steady or grows slightly in places like zip code 11507 on Long Island, NY, due to local factors.
Regular gas has an 87 octane rating. Premium offers 93 octane or higher. High octane resists engine knocking in high-performance cars. Your 2006 Dodge Caravan runs best on regular gas. The owner's manual specifies 87 octane. You get no mileage or power gain from premium. It only boosts your costs.
Premium requires extra refinery steps and additives. Gas stations charge 20% to 25% more for it. In 2023, regular averaged $3.52 per gallon, so premium added about 88 cents. Prices dropped in 2026, but the spread stays at 50 to 80 cents. Stations near 11507 often show 70-cent gaps.
Check this cost breakdown for your Caravan. Assume 12,000 miles per year at 20 mpg:
| Fuel Type | Octane | Price per Gallon | Yearly Cost |
|---|---|---|---|
| Regular | 87 | $2.84 | $1,704 |
| Premium | 93 | $3.54 (avg) | $2,124 |
You save $420 per year by sticking to regular.
Follow these steps to lower fuel costs:
- Use regular gas in your Caravan. It matches premium on mileage.
- Fill up at low-price stations. Apps reveal the cheapest spots nearby.
- Buy gas mid-week. Prices often drop then.
- Track fill-ups. Catch leaks or bad driving habits early.
Few cars require premium. Sports cars and some luxury models do. Minivans, sedans, and trucks like your Dodge Caravan take regular. Mid-grade at 89 octane splits the difference. Skip it unless your manual requires it.
Prices shift fast. Winter fuel blends lower costs now. Check local stations in 11507 for current prices. Sidekick tracks your fuel spend and spots savings for vehicles like your 2006 Caravan.
Pick the right gas for your ride. Cut your pump bills. Drive smart.
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