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COST OF OWNERSHIP BY STATE

Cost of Owning a Car in South Carolina

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

South Carolina ranks #27 of 51 (1 = cheapest) for the cost of owning a typical vehicle — about $48,621 over 5 years, $267 (0.5%) less than the average state. See the full ranking.

South Carolina at a glance

Gas price

$3.20per gallon, illustrative average

Electricity

$0.13per kWh, illustrative average

Sales tax

5.00%plus ~$40 average registration

Insurance in South Carolina runs close to the national average in this model, reflected as a 1.05× multiplier on our base class rates.

What drives the cost in South Carolina

Costs are pushed up mainly by insurance rates (about $442 more over 5 years). Working in your favor: gas prices (about $735 less over 5 years). (Figures are for a typical SUV compared with the average state.)

5-year cost by vehicle class in South Carolina

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

Sedan

$33,3345-year estimate, $556/mo

SUV / crossover

$45,3905-year estimate, $757/mo

Truck

$47,5415-year estimate, $792/mo

Electric

$48,0695-year estimate, $801/mo

Luxury

$68,7725-year estimate, $1,146/mo

Popular vehicles: 5-year cost in South Carolina

2026 Toyota RAV4

$34,8065-year cost in South CarolinaFull breakdown →

2026 Honda CR-V

$34,4645-year cost in South CarolinaFull breakdown →

2026 Toyota Camry

$30,7445-year cost in South CarolinaFull breakdown →

2026 Honda Civic

$26,6105-year cost in South CarolinaFull breakdown →

2026 Ford F-150

$59,4015-year cost in South CarolinaFull breakdown →

2026 Tesla Model Y

$38,2605-year cost in South CarolinaFull breakdown →

2026 Chevrolet Equinox

$39,5295-year cost in South CarolinaFull breakdown →

2026 Toyota Corolla

$26,5965-year cost in South CarolinaFull breakdown →

EV vs. gas in South Carolina

At South Carolina’s $0.13/kWh electricity and $3.20/gal gas, charging a typical EV at home costs about $515 a year, versus about $1,239 a year to fuel a typical gas sedan — a savings of $724 per year. Run your own numbers with the EV vs. gas calculator.

States with similar costs

Your actual cost depends on the specific vehicle — use the interactive calculator and select South Carolina for a number tailored to your car, or browse real vehicle estimates.