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.
This adds up quickly to become an extra $1.80 on 10 gallons of gasoline.
In February, the gas tax was 17.2 cents per gallon, meaning you were spending $1.72 in taxes for every 10 gallons of gas.
Indiana residents pay two additional taxes on top of the gasoline tax. There is an excise tax of 33 cents per gallon and a federal tax of 18 cents per gallon.
With a $2.66 retail price, Hoosiers pay $3.35 per gallon of gas.
The state average for one gallon of gas is currently $3.31.
Visit WRTV’s gas prices page to find the cheapest gas prices near you.
-
The City of Indianapolis' "Indy Peace Fellowship" 2025 review
WRTV spoke with Dane Nutty, President & CEO of the Indy Public Safety Foundation, about its efforts in 2025 and continued targets ahead for 2026.
ILEA approves final recommendations to shape the future of Indy public schools
A key component of the ILEA’s recommendations includes the creation of the “Indianapolis Public Education Corporation.”
Boone County weighs solar farm ordinance with strict guidelines
Boone County officials are seeking to pass an ordinance that would allow solar farms to be developed under strict guidelines.
Bears mull move to Indiana as efforts to secure public funds in Illinois stall
The Chicago Bears say they're mulling a move to Northwest Indiana with their efforts to secure public funding they say they need to build an enclosed stadium in Illinois stalled.
