COST OF OWNERSHIP BY STATE

Cost of Owning a Car in North Carolina

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

North Carolina at a glance

Gas price

$3per gallon, illustrative average

Electricity

$0.12per kWh, illustrative average

Sales tax

3.00%plus ~$60 average registration

Insurance in North Carolina 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 North Carolina

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

Sedan

$31,9085-year estimate, $532/mo

SUV / crossover

$43,7185-year estimate, $729/mo

Truck

$45,7365-year estimate, $762/mo

Electric

$45,7525-year estimate, $763/mo

Luxury

$66,3195-year estimate, $1,105/mo

Your actual cost depends on the specific vehicle — use the interactive calculator and select North Carolina for a number tailored to your car, or browse real vehicle estimates.