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COST OF OWNERSHIP BY STATE

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

$3per gallon, illustrative average

Electricity

$0.14per kWh, illustrative average

Sales tax

6.25%plus ~$75 average registration

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

5-year cost by vehicle class in Texas

Uses real market-average vehicle prices per class (from our 48-vehicle MarketCheck pull) combined with Texas-specific tax, fee, fuel and insurance data.

Sedan

$29,2175-year estimate, $487/mo

SUV / crossover

$41,7565-year estimate, $696/mo

Truck

$52,2535-year estimate, $871/mo

Electric

$39,3995-year estimate, $657/mo

Luxury

$63,7275-year estimate, $1,062/mo
Your actual cost depends on the specific vehicle — use the interactive calculator and select Texas for a number tailored to your car, or browse real vehicle estimates.