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COST OF OWNERSHIP BY STATE

Cost of Owning a Car in Colorado

How Colorado's gas prices, electricity rates, sales tax and insurance costs affect what you'll typically pay to own a vehicle.

Colorado at a glance

Gas price

$4per gallon, illustrative average

Electricity

$0.14per kWh, illustrative average

Sales tax

2.90%plus ~$90 average registration

Insurance in Colorado runs close to the national average in this model, reflected as a 1.00× multiplier on our base class rates.

5-year cost by vehicle class in Colorado

Uses real market-average vehicle prices per class (from our 152-vehicle MarketCheck pull) combined with Colorado-specific tax, fee, fuel and insurance data.

Sedan

$32,8675-year estimate, $548/mo

SUV / crossover

$44,8175-year estimate, $747/mo

Truck

$46,9325-year estimate, $782/mo

Electric

$46,5945-year estimate, $777/mo

Luxury

$67,6295-year estimate, $1,127/mo
Your actual cost depends on the specific vehicle — use the interactive calculator and select Colorado for a number tailored to your car, or browse real vehicle estimates.