Cost of Owning a Car in North Carolina
How North Carolina's gas prices, electricity rates, sales tax and insurance costs affect what you'll typically pay to own a vehicle.
North Carolina at a glance
Gas price
$3per gallon, illustrative averageElectricity
$0.12per kWh, illustrative averageSales tax
3.00%plus ~$60 average registrationInsurance in North Carolina 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 North Carolina
Uses real market-average vehicle prices per class (from our 48-vehicle MarketCheck pull) combined with North Carolina-specific tax, fee, fuel and insurance data.
Sedan
$27,6025-year estimate, $460/moSUV / crossover
$39,7045-year estimate, $662/moTruck
$49,7355-year estimate, $829/moElectric
$36,5785-year estimate, $610/moLuxury
$60,6755-year estimate, $1,011/moYour actual cost depends on the specific vehicle — use the interactive calculator and select North Carolina for a number tailored to your car, or browse real vehicle estimates.