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COST OF OWNERSHIP BY STATE

Cost of Owning a Car in Alaska

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

Alaska ranks #4 of 51 (1 = cheapest) for the cost of owning a typical vehicle — about $46,202 over 5 years, $2,687 (5.5%) less than the average state. See the full ranking.

Alaska at a glance

Gas price

$3.85per gallon, illustrative average

Electricity

$0.23per kWh, illustrative average

Sales tax

0.00%plus ~$100 average registration

Insurance in Alaska runs below the national average in this model, reflected as a 0.90× multiplier on our base class rates.

What drives the cost in Alaska

Costs are pushed up mainly by gas prices (about $765 more over 5 years). Working in your favor: sales tax (about $2,411 less over 5 years) and insurance rates (about $833 less over 5 years). (Figures are for a typical SUV compared with the average state.)

5-year cost by vehicle class in Alaska

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

Sedan

$31,5695-year estimate, $526/mo

SUV / crossover

$43,2805-year estimate, $721/mo

Truck

$45,2845-year estimate, $755/mo

Electric

$45,7135-year estimate, $762/mo

Luxury

$65,1635-year estimate, $1,086/mo

Popular vehicles: 5-year cost in Alaska

2026 Toyota RAV4

$32,7465-year cost in AlaskaFull breakdown →

2026 Honda CR-V

$32,6115-year cost in AlaskaFull breakdown →

2026 Toyota Camry

$28,6735-year cost in AlaskaFull breakdown →

2026 Honda Civic

$25,2065-year cost in AlaskaFull breakdown →

2026 Ford F-150

$56,7815-year cost in AlaskaFull breakdown →

2026 Tesla Model Y

$36,1865-year cost in AlaskaFull breakdown →

2026 Chevrolet Equinox

$38,0005-year cost in AlaskaFull breakdown →

2026 Toyota Corolla

$25,2465-year cost in AlaskaFull breakdown →

EV vs. gas in Alaska

At Alaska’s $0.23/kWh electricity and $3.85/gal gas, charging a typical EV at home costs about $911 a year, versus about $1,490 a year to fuel a typical gas sedan — a savings of $580 per year. Run your own numbers with the EV vs. gas calculator.

States with similar costs

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