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
$3.55per gallon, illustrative averageElectricity
$0.13per kWh, illustrative averageSales tax
6.00%plus ~$220 average registrationInsurance in Florida runs above the national average in this model, reflected as a 1.30× multiplier on our base class rates.
What drives the cost in Florida
Costs are pushed up mainly by insurance rates (about $2,567 more over 5 years) and sales tax (about $464 more over 5 years). (Figures are for a typical SUV compared with the average state.)
5-year cost by vehicle class in Florida
Uses real market-average vehicle prices per class (from our 152-vehicle MarketCheck pull) combined with Florida-specific tax, fee, fuel and insurance data.
Sedan
$36,5135-year estimate, $609/moSUV / crossover
$48,9825-year estimate, $816/moTruck
$51,3615-year estimate, $856/moElectric
$51,2185-year estimate, $854/moLuxury
$73,5265-year estimate, $1,225/moPopular vehicles: 5-year cost in Florida
2026 Toyota RAV4
$38,1805-year cost in FloridaFull breakdown →2026 Honda CR-V
$37,8565-year cost in FloridaFull breakdown →2026 Toyota Camry
$33,6675-year cost in FloridaFull breakdown →2026 Honda Civic
$29,6115-year cost in FloridaFull breakdown →2026 Ford F-150
$63,4825-year cost in FloridaFull breakdown →2026 Tesla Model Y
$41,3055-year cost in FloridaFull breakdown →2026 Chevrolet Equinox
$42,9645-year cost in FloridaFull breakdown →2026 Toyota Corolla
$29,5635-year cost in FloridaFull breakdown →EV vs. gas in Florida
At Florida’s $0.13/kWh electricity and $3.55/gal gas, charging a typical EV at home costs about $515 a year, versus about $1,374 a year to fuel a typical gas sedan — a savings of $859 per year. Run your own numbers with the EV vs. gas calculator.