Cost of Owning a Car in Michigan
How Michigan's gas prices, electricity rates, sales tax and insurance costs affect what you'll typically pay to own a vehicle.
Michigan at a glance
Gas price
$4per gallon, illustrative averageElectricity
$0.17per kWh, illustrative averageSales tax
6.00%plus ~$120 average registrationInsurance in Michigan runs above the national average in this model, reflected as a 1.40× multiplier on our base class rates.
5-year cost by vehicle class in Michigan
Uses real market-average vehicle prices per class (from our 48-vehicle MarketCheck pull) combined with Michigan-specific tax, fee, fuel and insurance data.
Sedan
$32,5485-year estimate, $542/moSUV / crossover
$45,5255-year estimate, $759/moTruck
$56,3565-year estimate, $939/moElectric
$43,2135-year estimate, $720/moLuxury
$68,7035-year estimate, $1,145/moYour actual cost depends on the specific vehicle — use the interactive calculator and select Michigan for a number tailored to your car, or browse real vehicle estimates.