Cost of Owning a Car in Maryland
How Maryland's gas prices, electricity rates, sales tax and insurance costs affect what you'll typically pay to own a vehicle.
Maryland at a glance
Gas price
$4per gallon, illustrative averageElectricity
$0.16per kWh, illustrative averageSales tax
6.00%plus ~$145 average registrationInsurance in Maryland runs close to the national average in this model, reflected as a 1.05× multiplier on our base class rates.
5-year cost by vehicle class in Maryland
Uses real market-average vehicle prices per class (from our 152-vehicle MarketCheck pull) combined with Maryland-specific tax, fee, fuel and insurance data.
Sedan
$34,5985-year estimate, $577/moSUV / crossover
$46,8985-year estimate, $782/moTruck
$49,2295-year estimate, $820/moElectric
$49,3625-year estimate, $823/moLuxury
$70,5765-year estimate, $1,176/moYour actual cost depends on the specific vehicle — use the interactive calculator and select Maryland for a number tailored to your car, or browse real vehicle estimates.