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COST OF OWNERSHIP BY STATE

Cost of Owning a Car in Florida

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

Florida at a glance

Gas price

$4per gallon, illustrative average

Electricity

$0.13per kWh, illustrative average

Sales tax

6.00%plus ~$220 average registration

Insurance in Florida runs above the national average in this model, reflected as a 1.30× multiplier on our base class rates.

5-year cost by vehicle class in Florida

Uses real market-average vehicle prices per class (from our 48-vehicle MarketCheck pull) combined with Florida-specific tax, fee, fuel and insurance data.

Sedan

$31,8735-year estimate, $531/mo

SUV / crossover

$44,7755-year estimate, $746/mo

Truck

$55,5815-year estimate, $926/mo

Electric

$41,6195-year estimate, $694/mo

Luxury

$67,6035-year estimate, $1,127/mo
Your actual cost depends on the specific vehicle — use the interactive calculator and select Florida for a number tailored to your car, or browse real vehicle estimates.