The Most and Least Expensive States to Own a Car – Missouri’s Ranking Might Surprise You
According to a new study, it costs an average of $3,742 a year to own a car. Which includes gas, insurance, registration, and a few other things. But it also depends on what state you live in. Here are the five cheapest states to own a car . . .
1. New Hampshire . . . $2,699 a year.
2. Missouri . . . $3,093 a year.
3. North Carolina . . . $3,149 a year.
4. Wisconsin . . . $3,190 a year.
5. Ohio . . . $3,198 a year.
Now here are the five most expensive states, and there's a pretty big swing . . .
1. Michigan . . . $5,105 a year. So almost twice what it costs in New Hampshire.
2. California . . . $4,817 a year.
3. New Jersey . . . $4,495 a year.
4. Florida . . . $4,404 a year.
5. Maryland . . . $4,309 a year.
What's kind of disturbing is I don't really KNOW how much I spend on my car every year. Sure, I know what I pay in insurance and all that, but I don't remember about things like oil changes or maintenance or any of that. So it COULD be more, or it could be less, but I'm glad we're on the low side of the spectrum at least.
How much do you think you spend on your car every year? Is it more or less than the estimate?