In Wyoming, owning a car costs around 13,500 U.S. dollars during the first year of ownership. The cost of ownership was calculated using several factors, such as fuel costs, insurance, registration and title fees, and expenditures for replacement parts and car payments.
Most expensive U.S. states to own a car during the first year of ownership as of 2021
(in U.S. dollars)
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Most expensive U.S. states to own a car during the first year of ownership as of 2021
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Data represents the cost for the first year of car ownership.
Data includes the following, according to the source:
Up-front costs: a 10 percent down payment on the average used car in 2021 and registration fees
Loan payment (a 72-month loan with a five percent interest rate)
Insurance costs
Average gas spending
Maintenance and repair costs
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Mathilde Carlier
Research Expert covering transportation and logistics
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SmartAsset. (February 24, 2022). Most expensive U.S. states to own a car during the first year of ownership as of 2021 (in U.S. dollars) [Graph]. In Statista. Retrieved April 27, 2025, from https://www.statista.com/statistics/633799/most-expensive-vehicle-ownership-expenditures-by-us-state/
SmartAsset. "Most expensive U.S. states to own a car during the first year of ownership as of 2021 (in U.S. dollars)." Chart. February 24, 2022. Statista. Accessed April 27, 2025. https://www.statista.com/statistics/633799/most-expensive-vehicle-ownership-expenditures-by-us-state/
SmartAsset. (2022). Most expensive U.S. states to own a car during the first year of ownership as of 2021 (in U.S. dollars). Statista. Statista Inc.. Accessed: April 27, 2025. https://www.statista.com/statistics/633799/most-expensive-vehicle-ownership-expenditures-by-us-state/
SmartAsset. "Most Expensive U.S. States to Own a Car during The First Year of Ownership as of 2021 (in U.S. Dollars)." Statista, Statista Inc., 24 Feb 2022, https://www.statista.com/statistics/633799/most-expensive-vehicle-ownership-expenditures-by-us-state/
SmartAsset, Most expensive U.S. states to own a car during the first year of ownership as of 2021 (in U.S. dollars) Statista, https://www.statista.com/statistics/633799/most-expensive-vehicle-ownership-expenditures-by-us-state/ (last visited April 27, 2025)
Most expensive U.S. states to own a car during the first year of ownership as of 2021 (in U.S. dollars) [Graph], SmartAsset, February 24, 2022. [Online]. Available: https://www.statista.com/statistics/633799/most-expensive-vehicle-ownership-expenditures-by-us-state/
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