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FACT BRIEF

Is Nevada one of the most expensive states to own a car?

By Austin Tannenbaum
View this fact brief on The Nevada Independent
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YES

Nevada is typically found to be one of the most expensive states to own a car.

A Forbes analysis updated earlier this month, which looked at gas prices, repair costs, insurance premiums and auto loan payments, ranked Nevada the most expensive state (tied with California to own a car.

Looking at insurance premiums, property taxes, the price of gasoline and maintenance costs, the insurance comparison service Insurify estimated that it cost Nevadans $6,315 to maintain a car in 2022 — the second highest expense among states, and 27% more than the national average.

Similarly, banking information website GoBankingRates ranked Nevada third in 2021 based on state sales tax, insurance premiums, gas costs and repair costs.

Also in 2021, the moving company Move.org ranked Nevada 11th based on slightly different metrics that included title and registration fees and average expenditures.

This fact brief is responsive to conversations such as this one.
Sources
Forbes The Most Expensive States To Own A Car, Ranked
Insurify How Much It Costs to Own a Car in 2022: A State-by-State Breakdown
GOBankingRates Cost To Own a Car for a Year in Every State
Move.org The Average Cost of Owning a Car in the US
ABOUT THE CONTRIBUTOR
The Nevada Independent
The Nevada Independent is a nonpartisan, nonprofit news and opinion website founded in 2017 by veteran political journalist and commentator Jon Ralston. The site and its supporting channels are focused on ethical, unbiased and transparent journalism. In general, we aim to gather and disseminate important public information and increase civic engagement. We are supported by corporate donations, memberships, event ticket sales and sponsorships and foundation grants. We disclose all our members and donors. Donors have no influence over our content, ever. The Nevada Independent is the dba for Nevada News Bureau, Inc., a 501(c)3 nonprofit founded in 2010 by Elizabeth Thompson, who now serves as one of The Nevada Independent's managing directors and its Editor.
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Fact briefs are short, credibly sourced summaries that offer “yes/no” answers in response to claims found online. They rely on publicly available, often primary source data and documents. Fact briefs are created by contributors to Gigafact —a nonprofit project looking to expand participation in fact-checking and protect the democratic process. See all fact briefs here.