Dimensions / iStock.com

Dimensions / iStock.com

Just how much money does it take to buy and maintain a car for one year?

To determine the answer to this question across all 50 states, GOBankingRates surveyed and totaled four key car expenses including car sales tax, average annual car insurance premiums, average annual gas expenses and average annual car maintenance and repair costs.

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All expenses were then combined with the cost to finance a new vehicle — based on $47,401 MSRP, 20% down payment of $9,480, an average credit score of 716, and an interest rate of 6.88% — to determine the cost to own a car for a year. Total costs for one year of car ownership are the cheapest in the state of New Hampshire at $21,752.63 while California, at $27,292.05, ranked as the most expensive state for car ownership total costs.

In alphabetical order, keep reading to find out how expensive it is to own a car in your state.

Allard1 / Getty Images/iStockphoto

Allard1 / Getty Images/iStockphoto

Alabama

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 2.00%

  • Tax amount: $948.02

  • Average car insurance premium: $1,542

  • Gas per gallon (as of March 5, 2024): $3.07

  • Gas annually: $2,232.05

  • Average car repair costs: $399.33

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $22,917.60

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Sponsored: Owe the IRS $10K or more? Schedule a FREE consultation to see if you qualify for tax relief.

brytta / Getty Images

brytta / Getty Images

Alaska

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 0.00%

  • Tax amount: $0.00

  • Average car insurance premium: $1,359

  • Gas per gallon (as of March 5, 2024): $3.61

  • Gas annually: $2,629.54

  • Average car repair costs: $387.05

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $22,171.79

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Arizona

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 5.60%

  • Tax amount: $2,654.46

  • Average car insurance premium: $1,617

  • Gas per gallon (as of March 5, 2024): $3.51

  • Gas annually: $2,557.46

  • Average car repair costs: $388.92

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,014.04

Sean Pavone / Shutterstock.com

Sean Pavone / Shutterstock.com

Arkansas

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 6.50%

  • Tax amount: $3,081.07

  • Average car insurance premium: $1,597

  • Gas per gallon (as of March 5, 2024): $3.00

  • Gas annually: $2,181.09

  • Average car repair costs: $382.61

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,037.96

Explore More: 4 New Cars To Reconsider Buying — and 4 Cheaper Alternatives

DenisTangneyJr / Getty Images/iStockphoto

DenisTangneyJr / Getty Images/iStockphoto

California

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 7.25%

  • Tax amount: $3,436.57

  • Average car insurance premium: $2,115

  • Gas per gallon (as of March 5, 2024): $4.85

  • Gas annually: $3,528.62

  • Average car repair costs: $415.66

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $27,292.05

Colorado

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 2.90%

  • Tax amount: $1,374.63

  • Average car insurance premium: $1,940

  • Gas per gallon (as of March 5, 2024): $3.00

  • Gas annually: $2,183.27

  • Average car repair costs: $417.14

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $23,711.24

Check Out: 6 Best Used Cars for the Upper Middle Class

James Kirkikis / Shutterstock.com

James Kirkikis / Shutterstock.com

Connecticut

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 6.35%

  • Tax amount: $3,009.96

  • Average car insurance premium: $1,750

  • Gas per gallon (as of March 5, 2024): $3.29

  • Gas annually: $2,392.94

  • Average car repair costs: $418.37

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,367.47

AndreyKrav / iStock.com

AndreyKrav / iStock.com

Delaware

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 0.00%

  • Tax amount: $0.00

  • Average car insurance premium: $2,137

  • Gas per gallon (as of March 5, 2024): $3.23

  • Gas annually: $2,353.62

  • Average car repair costs: $390.89

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $22,677.71

Find Out: 5 Used Cars You Shouldn’t Buy

Art Wager / iStock/Getty Images

Art Wager / iStock/Getty Images

Florida

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 6.00%

  • Tax amount: $2,844.06

  • Average car insurance premium: $2,560

  • Gas per gallon (as of March 5, 2024): $3.31

  • Gas annually: $2,411.86

  • Average car repair costs: $396.29

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $26,008.41

Darryl Brooks / Shutterstock.com

Darryl Brooks / Shutterstock.com

Georgia

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 6.60%

  • Tax amount: $3,128.47

  • Average car insurance premium: $1,647

  • Gas per gallon (as of March 5, 2024): $3.20

  • Gas annually: $2,329.60

  • Average car repair costs: $407.71

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,308.98

Learn More: 6 Reasons the Poor Stay Poor and Middle Class Doesn’t Become Wealthy

Art Wager / Getty Images

Art Wager / Getty Images

Hawaii

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 4.00%

  • Tax amount: $1,896.04

  • Average car insurance premium: $1,306

  • Gas per gallon (as of March 5, 2024): $4.71

  • Gas annually: $3,426.70

  • Average car repair costs: $381.23

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $24,806.17

Ric Schafer / Shutterstock.com

Ric Schafer / Shutterstock.com

Idaho

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 6.00%

  • Tax amount: $2,844.06

  • Average car insurance premium: $1,121

  • Gas per gallon (as of March 5, 2024): $3.24

  • Gas annually: $2,357.99

  • Average car repair costs: $389.05

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $24,508.30

That’s Interesting: How Much Does the Average Middle-Class Person Have in Savings?

xavierarnau / Getty Images

xavierarnau / Getty Images

Illinois

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 7.25%

  • Tax amount: $3,436.57

  • Average car insurance premium: $1,578

  • Gas per gallon (as of March 5, 2024): $3.75

  • Gas annually: $2,726.36

  • Average car repair costs: $379.23

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,916.36

Ron_Thomas / Getty Images

Ron_Thomas / Getty Images

Indiana

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 7.00%

  • Tax amount: $3,318.07

  • Average car insurance premium: $1,256

  • Gas per gallon (as of March 5, 2024): $3.41

  • Gas annually: $2,483.21

  • Average car repair costs: $364.76

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,218.24

For You: Here’s How Much You Need To Earn To Be ‘Rich’ in Every State

Laurens Hoddenbagh / Shutterstock.com

Laurens Hoddenbagh / Shutterstock.com

Iowa

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 5.00%

  • Tax amount: $2,370.05

  • Average car insurance premium: $1,321

  • Gas per gallon (as of March 5, 2024): $3.10

  • Gas annually: $2,258.98

  • Average car repair costs: $359.96

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $24,106.19

DenisTangneyJr / Getty Images/iStockphoto

DenisTangneyJr / Getty Images/iStockphoto

Kansas

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 7.50%

  • Tax amount: $3,555.08

  • Average car insurance premium: $1,594

  • Gas per gallon (as of March 5, 2024): $3.02

  • Gas annually: $2,197.10

  • Average car repair costs: $374.44

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,516.82

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alexeys / Getty Images/iStockphoto

alexeys / Getty Images/iStockphoto

Kentucky

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 6.00%

  • Tax amount: $2,844.06

  • Average car insurance premium: $2,105

  • Gas per gallon (as of March 5, 2024): $3.10

  • Gas annually: $2,256.80

  • Average car repair costs: $384.76

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,386.82

SeanPavonePhoto / Getty Images

SeanPavonePhoto / Getty Images

Louisiana

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 4.45%

  • Tax amount: $2,109.34

  • Average car insurance premium: $2,546

  • Gas per gallon (as of March 5, 2024): $3.00

  • Gas annually: $2,182.54

  • Average car repair costs: $388.66

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,022.75

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EJJohnsonPhotography / Getty Images/iStockphoto

EJJohnsonPhotography / Getty Images/iStockphoto

Maine

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 5.50%

  • Tax amount: $2,607.06

  • Average car insurance premium: $1,116

  • Gas per gallon (as of March 5, 2024): $3.23

  • Gas annually: $2,349.26

  • Average car repair costs: $349.25

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $24,217.76

Tim Pruss / Getty Images

Tim Pruss / Getty Images

Maryland

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 6.00%

  • Tax amount: $2,844.06

  • Average car insurance premium: $1,640

  • Gas per gallon (as of March 5, 2024): $3.35

  • Gas annually: $2,435.89

  • Average car repair costs: $399.07

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,115.22

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SeanPavonePhoto / Getty Images

SeanPavonePhoto / Getty Images

Massachusetts

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 6.25%

  • Tax amount: $2,962.56

  • Average car insurance premium: $1,538

  • Gas per gallon (as of March 5, 2024): $3.19

  • Gas annually: $2,320.86

  • Average car repair costs: $386.20

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,003.83

Vito Palmisano / Getty Images/iStockphoto

Vito Palmisano / Getty Images/iStockphoto

Michigan

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 6.00%

  • Tax amount: $2,844.06

  • Average car insurance premium: $2,133

  • Gas per gallon (as of March 5, 2024): $3.44

  • Gas annually: $2,507.23

  • Average car repair costs: $356.29

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,636.78

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dreamyguy1 / Getty Images/iStockphoto

dreamyguy1 / Getty Images/iStockphoto

Minnesota

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 6.50%

  • Tax amount: $3,081.07

  • Average car insurance premium: $1,493

  • Gas per gallon (as of March 5, 2024): $3.17

  • Gas annually: $2,308.49

  • Average car repair costs: $377.68

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,056.43

SeanPavonePhoto / Getty Images/iStockphoto

SeanPavonePhoto / Getty Images/iStockphoto

Mississippi

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 5.00%

  • Tax amount: $2,370.05

  • Average car insurance premium: $1,606

  • Gas per gallon (as of March 5, 2024): $2.91

  • Gas annually: $2,117.75

  • Average car repair costs: $394.03

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $24,284.03

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STLJB / Shutterstock.com

STLJB / Shutterstock.com

Missouri

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 4.23%

  • Tax amount: $2,005.06

  • Average car insurance premium: $2,104

  • Gas per gallon (as of March 5, 2024): $3.03

  • Gas annually: $2,206.57

  • Average car repair costs: $378.85

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $24,490.68

Dean_Fikar / Getty Images/iStockphoto

Dean_Fikar / Getty Images/iStockphoto

Montana

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 0.00%

  • Tax amount: $0.00

  • Average car insurance premium: $1,692

  • Gas per gallon (as of March 5, 2024): $3.30

  • Gas annually: $2,403.86

  • Average car repair costs: $389.84

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $22,281.90

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Aspects and Angles / Shutterstock.com

Aspects and Angles / Shutterstock.com

Nebraska

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 5.50%

  • Tax amount: $2,607.06

  • Average car insurance premium: $2,018

  • Gas per gallon (as of March 5, 2024): $3.10

  • Gas annually: $2,255.34

  • Average car repair costs: $374.53

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,051.13

tobiasjo / Getty Images

tobiasjo / Getty Images

Nevada

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 8.25%

  • Tax amount: $3,910.58

  • Average car insurance premium: $2,023

  • Gas per gallon (as of March 5, 2024): $4.07

  • Gas annually: $2,963.69

  • Average car repair costs: $398.26

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $27,091.73

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DenisTangneyJr / Getty Images

DenisTangneyJr / Getty Images

New Hampshire

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 0.00%

  • Tax amount: $0.00

  • Average car insurance premium: $1,307

  • Gas per gallon (as of March 5, 2024): $3.13

  • Gas annually: $2,278.64

  • Average car repair costs: $370.79

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $21,752.63

Jim / Flickr.com

Jim / Flickr.com

New Jersey

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 6.63%

  • Tax amount: $3,142.69

  • Average car insurance premium: $1,901

  • Gas per gallon (as of March 5, 2024): $3.17

  • Gas annually: $2,309.94

  • Average car repair costs: $399.61

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,549.44

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Michael E Halstead / Shutterstock.com

Michael E Halstead / Shutterstock.com

New Mexico

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 4.00%

  • Tax amount: $1,896.04

  • Average car insurance premium: $1,505

  • Gas per gallon (as of March 5, 2024): $3.11

  • Gas annually: $2,263.35

  • Average car repair costs: $392.53

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $23,853.12

HaizhanZheng / Getty Images/iStockphoto

HaizhanZheng / Getty Images/iStockphoto

New York

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 4.00%

  • Tax amount: $1,896.04

  • Average car insurance premium: $2,020

  • Gas per gallon (as of March 5, 2024): $3.33

  • Gas annually: $2,425.70

  • Average car repair costs: $386.55

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $24,524.49

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Ryan Herron / Getty Images/iStockphoto

Ryan Herron / Getty Images/iStockphoto

North Carolina

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 3.00%

  • Tax amount: $1,422.03

  • Average car insurance premium: $1,368

  • Gas per gallon (as of March 5, 2024): $3.18

  • Gas annually: $2,316.50

  • Average car repair costs: $402.61

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $23,305.34

DenisTangneyJr / Getty Images

DenisTangneyJr / Getty Images

North Dakota

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 5.00%

  • Tax amount: $2,370.05

  • Average car insurance premium: $1,419

  • Gas per gallon (as of March 5, 2024): $3.12

  • Gas annually: $2,272.09

  • Average car repair costs: $364.62

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $24,221.96

For You: A $150K Income Is ‘Lower Middle Class’ In These High-Cost Cities

BorisVetshev / Shutterstock.com

BorisVetshev / Shutterstock.com

Ohio

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 5.75%

  • Tax amount: $2,725.56

  • Average car insurance premium: $1,023

  • Gas per gallon (as of March 5, 2024): $3.40

  • Gas annually: $2,477.38

  • Average car repair costs: $353.76

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $24,375.90

JTSorrell / Getty Images

JTSorrell / Getty Images

Oklahoma

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 3.25%

  • Tax amount: $1,540.53

  • Average car insurance premium: $1,797

  • Gas per gallon (as of March 5, 2024): $2.98

  • Gas annually: $2,165.80

  • Average car repair costs: $379.77

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $23,679.30

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jmoor17 / Shutterstock.com

jmoor17 / Shutterstock.com

Oregon

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 0.00%

  • Tax amount: $0.00

  • Average car insurance premium: $1,244

  • Gas per gallon (as of March 5, 2024): $3.86

  • Gas annually: $2,812.26

  • Average car repair costs: $393.94

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $22,246.40

luminouslens / Getty Images/iStockphoto

luminouslens / Getty Images/iStockphoto

Pennsylvania

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 6.00%

  • Tax amount: $2,844.06

  • Average car insurance premium: $1,445

  • Gas per gallon (as of March 5, 2024): $3.54

  • Gas annually: $2,579.30

  • Average car repair costs: $384.33

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,048.89

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lucky-photographer / Getty Images/iStockphoto

lucky-photographer / Getty Images/iStockphoto

Rhode Island

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 7.00%

  • Tax amount: $3,318.07

  • Average car insurance premium: $1,845

  • Gas per gallon (as of March 5, 2024): $3.15

  • Gas annually: $2,290.29

  • Average car repair costs: $386.93

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,636.49

SeanPavonePhoto / Getty Images/iStockphoto

SeanPavonePhoto / Getty Images/iStockphoto

South Carolina

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 5.00%

  • Tax amount: $2,370.05

  • Average car insurance premium: $1,894

  • Gas per gallon (as of March 5, 2024): $3.06

  • Gas annually: $2,228.41

  • Average car repair costs: $395.83

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $24,684.49

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DenisTangneyJr / Getty Images

DenisTangneyJr / Getty Images

South Dakota

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 4.00%

  • Tax amount: $1,896.04

  • Average car insurance premium: $1,581

  • Gas per gallon (as of March 5, 2024): $3.09

  • Gas annually: $2,246.61

  • Average car repair costs: $377.64

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $23,897.49

benedek / Getty Images

benedek / Getty Images

Tennessee

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 7.00%

  • Tax amount: $3,318.07

  • Average car insurance premium: $1,373

  • Gas per gallon (as of March 5, 2024): $3.02

  • Gas annually: $2,197.83

  • Average car repair costs: $399.11

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,084.21

Learn More: 7 Ways the Upper Middle Class Can Become Rich in 2024

belterz / Getty Images

belterz / Getty Images

Texas

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 6.25%

  • Tax amount: $2,962.56

  • Average car insurance premium: $1,875

  • Gas per gallon (as of March 5, 2024): $2.94

  • Gas annually: $2,139.59

  • Average car repair costs: $397.53

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,170.88

johnnya123 / iStock.com

johnnya123 / iStock.com

Utah

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 6.85%

  • Tax amount: $3,246.97

  • Average car insurance premium: $1,469

  • Gas per gallon (as of March 5, 2024): $3.22

  • Gas annually: $2,347.07

  • Average car repair costs: $401.65

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,260.89

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Sean Pavone / Shutterstock.com

Sean Pavone / Shutterstock.com

Vermont

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 6.00%

  • Tax amount: $2,844.06

  • Average car insurance premium: $1,158

  • Gas per gallon (as of March 5, 2024): $3.25

  • Gas annually: $2,364.54

  • Average car repair costs: $374.45

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $24,537.25

ablokhin / iStock.com

ablokhin / iStock.com

Virginia

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 4.15%

  • Tax amount: $1,967.14

  • Average car insurance premium: $1,321

  • Gas per gallon (as of March 5, 2024): $3.23

  • Gas annually: $2,352.17

  • Average car repair costs: $401.17

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $23,837.68

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400tmax / Getty Images

400tmax / Getty Images

Washington

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 6.50%

  • Tax amount: $3,081.07

  • Average car insurance premium: $1,371

  • Gas per gallon (as of March 5, 2024): $4.14

  • Gas annually: $3,014.65

  • Average car repair costs: $392.46

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,655.37

ablokhin / iStock.com

ablokhin / iStock.com

West Virginia

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 6.00%

  • Tax amount: $2,844.06

  • Average car insurance premium: $1,610

  • Gas per gallon (as of March 5, 2024): $3.28

  • Gas annually: $2,390.75

  • Average car repair costs: $383.48

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $25,024.49

Read Next: Net Worth for Baby Boomers: How To Tell Whether You’re Poor, Middle Class, Upper Middle Class or Rich

Ron and Patty Thomas / Getty Images

Ron and Patty Thomas / Getty Images

Wisconsin

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 5.00%

  • Tax amount: $2,370.05

  • Average car insurance premium: $1,499

  • Gas per gallon (as of March 5, 2024): $3.27

  • Gas annually: $2,379.83

  • Average car repair costs: $361.11

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $24,406.19

stockphoto52 / Getty Images/iStockphoto

stockphoto52 / Getty Images/iStockphoto

Wyoming

  • 20% down payment on MSRP: $9,480.20

  • One year of auto financing payments: $8,316.00

  • State sales tax: 6.00%

  • Tax amount: $2,844.06

  • Average car insurance premium: $1,736

  • Gas per gallon (as of March 5, 2024): $3.04

  • Gas annually: $2,210.94

  • Average car repair costs: $397.79

  • Total costs (one year of ownership = financing car + sales tax + insurance + gas + repairs): $24,984.99

More From GOBankingRates

Methodology: To generate these rankings, GOBankingRates surveyed and totaled the cost of buying and owning a car for one year in all 50 states. This total included four key car expenses:

(1) Car sales tax, based on rates provided by PolicyGenius; taxes were based on the average car transaction amount of $47,401 in January 2024 as reported by Kelley Blue Book; (2) average annual car insurance premiums, sourced from CarInsurance.com’s 2023 report; (3) average annual gas expenses, based on an average of historical regular gas prices in each state sourced from AAA’s Fuel Gauge Report on March 5, 2024; the expense was calculated based on the assumption of a driver filling up a 14-gallon tank once a week; (4) average annual car maintenance and repair costs, sourced from CarMD’s 2022 State Repair Cost Rankings. These expenses were combined with the cost to finance a new vehicle — based on $47,401 MSRP, 20% down payment of $9,480, an average credit score of 716 as sourced from Experian, an interest rate of 6.88% as sourced from Experian loan length of 60 months, which equals to $693 per month or $8,316 per year — to determine the cost to own a car for a year. GOBankingRates also attempted to calculate for title and registration fees, but with such varying degrees between states’ car excise and personal property tax laws as well as rules for weight of vehicles, age of vehicle, and the cost of the vehicle; GOBankingRates decided to not to include these fees in its final ranking. All data is up to date as of March 5, 2024.

This article originally appeared on GOBankingRates.com: How Expensive Is It To Own a Car in Your State?

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