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Finance & InsuranceInsurance Makes Michigan Costliest State for Car OwnershipInsurance Makes Michigan Costliest State for Car Ownership
The average annual cost of car ownership in the U.S. is $5,264.58, Move.org says. In Michigan, the average resident pays $9,304.28 a year for their car, far ahead of second-place Florida at $6,765.22 and third-place Texas at $6,670.51.