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COST OF OWNERSHIP BY STATE

Cost of Owning a Car in Maine

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

Maine ranks #14 of 51 (1 = cheapest) for the cost of owning a typical vehicle — about $47,384 over 5 years, $1,504 (3.1%) less than the average state. See the full ranking.

Maine at a glance

Gas price

$3.55per gallon, illustrative average

Electricity

$0.17per kWh, illustrative average

Sales tax

5.50%plus ~$45 average registration

Insurance in Maine runs below the national average in this model, reflected as a 0.80× multiplier on our base class rates.

What drives the cost in Maine

Costs are pushed up mainly by sales tax (about $224 more over 5 years). Working in your favor: insurance rates (about $1,683 less over 5 years). (Figures are for a typical SUV compared with the average state.)

5-year cost by vehicle class in Maine

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

Sedan

$32,2715-year estimate, $538/mo

SUV / crossover

$44,3185-year estimate, $739/mo

Truck

$46,5415-year estimate, $776/mo

Electric

$46,7885-year estimate, $780/mo

Luxury

$67,0015-year estimate, $1,117/mo

Popular vehicles: 5-year cost in Maine

2026 Toyota RAV4

$33,5485-year cost in MaineFull breakdown →

2026 Honda CR-V

$33,2375-year cost in MaineFull breakdown →

2026 Toyota Camry

$29,4385-year cost in MaineFull breakdown →

2026 Honda Civic

$25,4195-year cost in MaineFull breakdown →

2026 Ford F-150

$58,6005-year cost in MaineFull breakdown →

2026 Tesla Model Y

$36,8315-year cost in MaineFull breakdown →

2026 Chevrolet Equinox

$38,3635-year cost in MaineFull breakdown →

2026 Toyota Corolla

$25,3805-year cost in MaineFull breakdown →

EV vs. gas in Maine

At Maine’s $0.17/kWh electricity and $3.55/gal gas, charging a typical EV at home costs about $673 a year, versus about $1,374 a year to fuel a typical gas sedan — a savings of $701 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 Maine for a number tailored to your car, or browse real vehicle estimates.