How Much Does it Cost to Own a Car in Your State?

Between gas, insurance, and other costs, owning a vehicle can be expensive. Consumers may not know how much costs can vary even among neighboring states. The Midwest is home to some of the least expensive states for drivers. The biggest factor explaining why states such as Missouri, Wisconsin, Ohio, and Michigan rank so low in expenses is the cost of gas. According to CNN, gas in Missouri was reported at $ 1.40, one of the nation’s lowest.

These Midwestern states ranked among the cheapest in the country, according to Bankrate’s 2014 car cost study. Bankrate reported that they analyzed the gasoline prices, costs of repairs and insurance premiums across all 50 states and the District of Columbia. They calculated gasoline prices with statistics from GasBuddy.com and the Bureau of Transportation Statistics.

Here is the map showing the cost of owning a car from state to state. The darker green, the more expensive.

This map is certainly full of surprises. For example, many readers would likely not assume Wyoming to be the most expensive state for drivers. Places with a relatively high cost of living such as the District of Columbia and New York ranked amongst the lowest in gasoline expenses, perhaps because residents of dense metropolitan areas may not drive long distances. More spread out states like South Dakota, Nebraska, Indiana, and Wyoming (which topped the list in terms of gasoline expenditures) ranked amongst the highest in gasoline expenses. Drivers in those states might not have the most fuel efficienct vehicles, so that may be a factor in addition to the spread-out nature of those states. Bankrate’s full list of data can be seen below.

Estimated annual cost of car ownership

StateRepairsInsuranceGasolineTotal
Iowa$315$630$998$1,942
Ohio$328$698$947$1,973
Illinois$343$805$852$1,999
Idaho$349$664$988$2,001
Wisconsin$329$658$1,031$2,018
South Dakota$312$654$1,056$2,022
Pennsylvania$364$908$781$2,052
New Hampshire$328$767$975$2,070
Nebraska$347$709$1,025$2,081
Oregon$380$807$893$2,081
Utah$371$810$918$2,098
Virginia$382$758$964$2,104
Kansas$352$764$991$2,108
Maine$328$682$1,109$2,119
Colorado$385$848$890$2,123
North Carolina$390$708$1,032$2,129
Tennessee$353$762$1,021$2,136
Hawaii$370$906$869$2,145
Alaska$341$1,077$730$2,147
Washington$375$910$866$2,151
Minnesota$346$782$1,033$2,162
Massachusetts$358$984$827$2,169
Vermont$270$730$1,178$2,177
South Carolina$368$860$958$2,186
Indiana$329$709$1,162$2,200
Arizona$362$963$888$2,213
North Dakota$344$662$1,207$2,213
Nevada$364$1,078$771$2,214
Texas$364$1,001$860$2,226
Arkansas$361$813$1,055$2,229
Missouri$353$780$1,099$2,232
California$390$906$940$2,237
Montana$360$822$1,067$2,250
New York$365$1,196$713$2,273
Washington, D.C.$392$1,273$618$2,283
Kentucky$367$848$1,073$2,288
Rhode Island$371$1,142$800$2,314
West Virginia$310$975$1,033$2,318
Oklahoma$338$839$1,175$2,352
Maryland$388$1,030$951$2,368
New Mexico$345$895$1,131$2,371
Connecticut$385$1,058$929$2,372
Michigan$317$1,064$994$2,375
Alabama$352$793$1,237$2,381
Delaware$314$1,110$967$2,391
Georgia$385$927$1,096$2,408
New Jersey$393$1,244$783$2,421
Mississippi$356$901$1,231$2,487
Florida$377$1,124$1,015$2,516
Louisiana$354$1,277$924$2,555
Wyoming$324$792$1,588$2,705

Bankrate’s information can also be found online here.

Image Source: Image, License Summary.

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