Cost of Owning a Car in Mississippi

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

Mississippi at a glance

Insurance in Mississippi runs close to the national average in this model, reflected as a 1.00× multiplier on our base class rates.

What drives the cost in Mississippi

Costs are pushed up mainly by sales tax (about $943 more over 5 years). Working in your favor: gas prices (about $851 less over 5 years). (Figures are for a typical SUV compared with the average state.)

5-year cost by vehicle class in Mississippi

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

Popular vehicles: 5-year cost in Mississippi

EV vs. gas in Mississippi

At Mississippi’s $0.12/kWh electricity and $3.15/gal gas, charging a typical EV at home costs about $475 a year, versus about $1,219 a year to fuel a typical gas sedan — a savings of $744 per year. Run your own numbers with the EV vs. gas calculator.

States with similar costs