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The Nevada sales tax is the highest on the list, at 8.25%, which adds $4,019 to the cost of your car. But gas is just $2.62 per gallon. DenisTangneyJr / Getty Images
20. Idaho. Sales tax (assuming $47,401 MSRP): $2,844 Average car insurance premium: $1,121 Annual cost of gas: $2,358 Average car repair costs: $389 Total costs for 1 year of ownership: $24,508 ...
Without it, they can't get to and from the jobs they need to, well, pay for their car. And even if you're so lucky to live near... Cost To Own a Car for a Year in Every State
Median household income and taxes State Tax Burdens 2022 % of income. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly.
As of 2017, 5 states (Alaska, Delaware, Montana, New Hampshire and Oregon) do not levy a statewide sales tax. [1] California has the highest base sales tax rate, 7.25%. Including county and city sales taxes, the highest total sales tax as of September 1, 2013, was in Arab, Alabama, 13.50%. [2]
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...
State Vehicles Vehicles / person Miles / vehicle Mpg United States 282,366,285: 0.850: 11,121: 24.4 Montana 2,140,014: 1.934: 6,300: 26.7 South Dakota 1,433,044: 1 ...
Gas prices may cost less — about $3.10 per gallon — but the average car insurance premium is much higher compared to other states. The state’s sales tax adds up to $2,895. 7.