Cost of Owning a Car in Maryland
How Maryland's gas prices, electricity rates, sales tax and insurance costs affect what you'll typically pay to own a vehicle.
Maryland at a glance
Gas price
$4per gallon, illustrative averageElectricity
$0.16per kWh, illustrative averageSales tax
6.00%plus ~$145 average registrationInsurance in Maryland runs close to the national average in this model, reflected as a 1.05× multiplier on our base class rates.
5-year cost by vehicle class in Maryland
Uses real market-average vehicle prices per class (from our 48-vehicle MarketCheck pull) combined with Maryland-specific tax, fee, fuel and insurance data.
Sedan
$29,9415-year estimate, $499/moSUV / crossover
$42,6825-year estimate, $711/moTruck
$53,4625-year estimate, $891/moElectric
$39,7275-year estimate, $662/moLuxury
$64,6395-year estimate, $1,077/moYour actual cost depends on the specific vehicle — use the interactive calculator and select Maryland for a number tailored to your car, or browse real vehicle estimates.