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COST OF OWNERSHIP BY STATE

Cost of Owning a Car in Florida

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

Florida at a glance

Gas price

$4per gallon, illustrative average

Electricity

$0.13per kWh, illustrative average

Sales tax

6.00%plus ~$220 average registration

Insurance in Florida runs above the national average in this model, reflected as a 1.30× multiplier on our base class rates.

5-year cost by vehicle class in Florida

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

Sedan

$36,5135-year estimate, $609/mo

SUV / crossover

$48,9825-year estimate, $816/mo

Truck

$51,3615-year estimate, $856/mo

Electric

$51,2185-year estimate, $854/mo

Luxury

$73,5265-year estimate, $1,225/mo
Your actual cost depends on the specific vehicle — use the interactive calculator and select Florida for a number tailored to your car, or browse real vehicle estimates.