Cost of Owning a Car in Indiana
How Indiana’s gas prices, electricity rates, sales tax and insurance costs affect what you’ll typically pay to own a vehicle.
Indiana at a glance
Gas price
$3.60per gallon, illustrative averageElectricity
$0.14per kWh, illustrative averageSales tax
7.00%plus ~$50 average registrationInsurance in Indiana runs close to the national average in this model, reflected as a 0.95× multiplier on our base class rates.
What drives the cost in Indiana
Costs are pushed up mainly by sales tax (about $943 more over 5 years) and gas prices (about $188 more over 5 years). Working in your favor: insurance rates (about $408 less over 5 years). (Figures are for a typical SUV compared with the average state.)
5-year cost by vehicle class in Indiana
Uses real market-average vehicle prices per class (from our 152-vehicle MarketCheck pull) combined with Indiana-specific tax, fee, fuel and insurance data.
Sedan
$34,1125-year estimate, $569/moSUV / crossover
$46,4325-year estimate, $774/moTruck
$48,7995-year estimate, $813/moElectric
$48,5155-year estimate, $809/moLuxury
$69,9805-year estimate, $1,166/moPopular vehicles: 5-year cost in Indiana
2026 Toyota RAV4
$35,5415-year cost in IndianaFull breakdown →2026 Honda CR-V
$35,1995-year cost in IndianaFull breakdown →2026 Toyota Camry
$31,2085-year cost in IndianaFull breakdown →2026 Honda Civic
$27,0975-year cost in IndianaFull breakdown →2026 Ford F-150
$61,0635-year cost in IndianaFull breakdown →2026 Tesla Model Y
$38,4745-year cost in IndianaFull breakdown →2026 Chevrolet Equinox
$40,2825-year cost in IndianaFull breakdown →2026 Toyota Corolla
$27,0305-year cost in IndianaFull breakdown →EV vs. gas in Indiana
At Indiana’s $0.14/kWh electricity and $3.60/gal gas, charging a typical EV at home costs about $554 a year, versus about $1,394 a year to fuel a typical gas sedan — a savings of $839 per year. Run your own numbers with the EV vs. gas calculator.