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Friday, Mar. 24, 2023

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

Austin Tannenbaum, The Nevada Independent
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.

See a full discussion of this at The Nevada Independent

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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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