Cost of Owning a Car in Minnesota
How Minnesota's gas prices, electricity rates, sales tax and insurance costs affect what you'll typically pay to own a vehicle.
Minnesota at a glance
Gas price
$3per gallon, illustrative averageElectricity
$0.14per kWh, illustrative averageSales tax
6.88%plus ~$80 average registrationInsurance in Minnesota runs close to the national average in this model, reflected as a 0.95× multiplier on our base class rates.
5-year cost by vehicle class in Minnesota
Uses real market-average vehicle prices per class (from our 152-vehicle MarketCheck pull) combined with Minnesota-specific tax, fee, fuel and insurance data.
Sedan
$33,6105-year estimate, $560/moSUV / crossover
$45,8255-year estimate, $764/moTruck
$48,1105-year estimate, $802/moElectric
$48,4715-year estimate, $808/moLuxury
$69,2975-year estimate, $1,155/moYour actual cost depends on the specific vehicle — use the interactive calculator and select Minnesota for a number tailored to your car, or browse real vehicle estimates.