Continuing their downward trend, average gasoline prices in Modesto have fallen 13.7 cents per gallon in the last week, averaging $4.17/gallon as of Monday, Nov. 4, according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 45.0 cents per gallon lower than a month ago and stand 70.8 cents per gallon lower than a year ago. The national average price of diesel has declined 1.3 cents in the last week and stands at $3.52 per gallon - the lowest level since 2021.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $3.49/gallon while the most expensive was $4.95, a difference of $1.46/gallon. The lowest price in the state was $3.49 while the highest was $8.09, a difference of $4.60/gallon.

The national average price of gasoline has fallen 2.2 cents per gallon in the last week, averaging $3.05/gallon. The national average is down 11.8 cents per gallon from a month ago and stands 34.5 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

“Seasonal trends continue to push down gasoline prices across much of the country, with GasBuddy counting 26 states where average gas prices have fallen below $3 per gallon – something that could be less than a week away for the national average,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Americans can expect the downward trend to continue in most states, while other states have seen prices jump temporarily due to a behavior we track called price cycling. We should see the number of states with sub-$3-per-gallon prices grow as we get closer to Thanksgiving.”

Neighboring areas and their current gas prices include: Stockton - $4.26/gallon, down 5.4 cents from last week’s $4.31; Oakland - $4.57, down 9.2 cents from $4.66; and San Jose - $4.50/gallon, down 8.2 cents per gallon from last week’s $4.58/gallon.

Historical gasoline prices in Modesto and the national average going back 10 years show the highest average price in Modesto was $5.19 per gallon on Nov. 4, 2022 and the highest national average was $3.79, also in 2022. Lowest average price for Modesto was $2.56 on Nov. 4, 2016; lowest national average was $2.11 on Nov. 4, 2020.

GasBuddy is the authoritative voice for gas prices and the only source for station-level data. GasBuddy's survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country.