According to our data, it costs roughly $5,264.58 every year to own a car in the United States. This includes the average costs for car payments, gas, car insurance, and replacement parts across every state in the country—some of which have much higher costs than others.
For example, the average Michigan resident pays $9,304.28 every year for their car, while the average Alaskan only pays $3,586.95. This is a difference of nearly $6000, so if you’re thinking of moving to a new state and you want to know how much it costs to own a car there, you should look into that state’s unique costs instead of planning to pay the national average.
To help with this, we’ve broken down the data to show you which states have the highest and lowest average prices for car ownership.
Keep reading to learn how much owning a car can cost in different states. We’ll also share a few interesting facts we found in the data.