Cost of Owning a Car in Michigan
How Michigan's gas prices, electricity rates, sales tax and insurance costs affect what you'll typically pay to own a vehicle.
Michigan at a glance
Gas price
$4per gallon, illustrative averageElectricity
$0.17per kWh, illustrative averageSales tax
6.00%plus ~$120 average registrationInsurance in Michigan runs above the national average in this model, reflected as a 1.40× multiplier on our base class rates.
5-year cost by vehicle class in Michigan
Uses real market-average vehicle prices per class (from our 152-vehicle MarketCheck pull) combined with Michigan-specific tax, fee, fuel and insurance data.
Sedan
$37,1885-year estimate, $620/moSUV / crossover
$49,7325-year estimate, $829/moTruck
$52,1365-year estimate, $869/moElectric
$52,8605-year estimate, $881/moLuxury
$74,6265-year estimate, $1,244/moYour actual cost depends on the specific vehicle — use the interactive calculator and select Michigan for a number tailored to your car, or browse real vehicle estimates.