diff --git a/CHANGELOG.md b/CHANGELOG.md
index fcf38ac236..ac6ada4059 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -53,6 +53,7 @@ Ref: https://keepachangelog.com/en/1.0.0/
 ### Bug Fixes
 
 * (evm) [tharsis#1118](https://github.com/evmos/ethermint/pull/1118) Fix `Type()` `Account` method `EmptyCodeHash` comparison
+* (rpc) [tharsis#1138](https://github.com/evmos/ethermint/pull/1138) Fix GasPrice calculation with relation to `MinGasPrice`
 
 ## [v0.16.0] - 2022-06-06
 
diff --git a/rpc/namespaces/ethereum/eth/api.go b/rpc/namespaces/ethereum/eth/api.go
index ed11f08e37..99181b2168 100644
--- a/rpc/namespaces/ethereum/eth/api.go
+++ b/rpc/namespaces/ethereum/eth/api.go
@@ -216,7 +216,7 @@ func (e *PublicAPI) GasPrice() (*hexutil.Big, error) {
 	if err != nil {
 		return nil, err
 	}
-	minGasPriceInt := minGasPrice.BigInt()
+	minGasPriceInt := minGasPrice.TruncateInt().BigInt()
 	if result.Cmp(minGasPriceInt) < 0 {
 		result = minGasPriceInt
 	}