A new study by ConsumerAffairs, reports the most expensive states to own a car, and Georgia ranks among the most expensive. Keep scrolling to learn more.
Where does Georgia rank on the list of most expensive states to own a car?
Georgia comes it at the 7th most expensive state in the U.S. to own a car.
Here’s how the top 10 breaks down:
- Delaware
- Mississippi
- Florida
- Nevada
- California
- New Jersey
- Georgia
- Louisiana
- Texas
- New Mexico
ConsumerAffairs notes that of the 10 most expensive states to own a car, 6 of these states are in the south. Meanwhile, the cheapest state to own a car is Montana.
Why is it so expensive to own a car in Georgia?
According to ConsumerAffairs, “The typical driver in Georgia spends $4,160 a year to keep a car on the road.”
But the issue isn’t gas prices or insurance in Georgia (which both do contribute, of course), it’s milage.
Here’s how ConsumerAffairs breaks it down for Georgia:
- Georgia’s average price per gallon is $3.86, below the national average of $4.09.
- The average car here logs 13,128 miles a year, the 8th-highest of any state and above the national average of 11,071.
- That heavier mileage pushes the state’s annual gas expense to $1,861, the 12th-highest in the nation, above the U.S. average of $1,664.
- The state’s average annual insurance premium costs $1,746, the 4th-highest in our report.
- Repairs cost $553 a year on average, above the national figure of $533.
In other words… we drive a LOT in Georgia, and it puts a lot of wear and tear on our cars. It’s not surprising, either, to know that we drive so much in the state.
If you’d like to learn more about this report, you can head to ConsumerAffairs’ website, here!