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Average monthly cost of owning a car. ... The average cost of full coverage car insurance in 2024 is $2,545 per year, although your premium may vary based on where you live, ...
5 states with the highest car insurance rates as of Sept. 1, 2024. In August, Maryland had the highest overall average insurance costs, at $258 per month — a $10 increase from the July average.
As of February 2025, the average cost of car insurance in the United States is $773 per year for minimum coverage, while full coverage costs an average of $2,670 per year. While liability ...
On average, car insurance costs $212 per month for full coverage. Remember that your rate will vary based on your personal rating factors like your driving record, claims history, vehicle type and ...
The average American paid $251 per month for car insurance in 2023. But if you live in one of the most expensive states for car insurance, you could pay anywhere from $104 to $522 per month ...
The IRS considers that the average US automobile has a total cost of US$0.58/mile, around €0.32/km. [11] According to the American Automobile Association, the average driver of the average sedan spends totally approximately US$8,700 per year, or US$720 per month, to own and operate their vehicle.
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