Cost of Owning a Car in Texas
How Texas’s gas prices, electricity rates, sales tax and insurance costs affect what you’ll typically pay to own a vehicle.
Texas at a glance
Gas price
$3.15per gallon, illustrative averageElectricity
$0.14per kWh, illustrative averageSales tax
6.25%plus ~$75 average registrationInsurance in Texas 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 Texas
Costs are pushed up mainly by sales tax (about $583 more over 5 years) and insurance rates (about $442 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 Texas
Uses real market-average vehicle prices per class (from our 152-vehicle MarketCheck pull) combined with Texas-specific tax, fee, fuel and insurance data.
Sedan
$33,7535-year estimate, $563/moSUV / crossover
$45,9095-year estimate, $765/moTruck
$48,1205-year estimate, $802/moElectric
$49,0445-year estimate, $817/moLuxury
$69,5555-year estimate, $1,159/moPopular vehicles: 5-year cost in Texas
2026 Toyota RAV4
$35,2635-year cost in TexasFull breakdown →2026 Honda CR-V
$34,8835-year cost in TexasFull breakdown →2026 Toyota Camry
$31,1645-year cost in TexasFull breakdown →2026 Honda Civic
$26,9145-year cost in TexasFull breakdown →2026 Ford F-150
$60,1155-year cost in TexasFull breakdown →2026 Tesla Model Y
$39,0825-year cost in TexasFull breakdown →2026 Chevrolet Equinox
$39,8935-year cost in TexasFull breakdown →2026 Toyota Corolla
$26,8805-year cost in TexasFull breakdown →EV vs. gas in Texas
At Texas’s $0.14/kWh electricity and $3.15/gal gas, charging a typical EV at home costs about $554 a year, versus about $1,219 a year to fuel a typical gas sedan — a savings of $665 per year. Run your own numbers with the EV vs. gas calculator.