Cost of Owning a Car in Minnesota
How Minnesota's gas prices, electricity rates, sales tax and insurance costs affect what you'll typically pay to own a vehicle.
Minnesota at a glance
Gas price
$3per gallon, illustrative averageElectricity
$0.14per kWh, illustrative averageSales tax
6.88%plus ~$80 average registrationInsurance in Minnesota runs close to the national average in this model, reflected as a 0.95× multiplier on our base class rates.
5-year cost by vehicle class in Minnesota
Uses real market-average vehicle prices per class (from our 48-vehicle MarketCheck pull) combined with Minnesota-specific tax, fee, fuel and insurance data.
Sedan
$28,9625-year estimate, $483/moSUV / crossover
$41,6095-year estimate, $693/moTruck
$52,3235-year estimate, $872/moElectric
$38,7405-year estimate, $646/moLuxury
$63,3735-year estimate, $1,056/moYour actual cost depends on the specific vehicle — use the interactive calculator and select Minnesota for a number tailored to your car, or browse real vehicle estimates.