Illinois has third-lowest car ownership costs in nation

SHARE Illinois has third-lowest car ownership costs in nation

Here’s another reason (besides the obvious) to be happy you live in Illinois instead of Wyoming: It costs significantly less to own and operate a car in Illinois, according to Bankrate’s 2014 car cost study.

In fact, Illinois has the third-lowest overall annual cost.

Bankrate analyzed the cost of car insurance, repairs and gas across all 50 states and the District of Columbia, through a data provided by,, the Bureau of Transportation Statistics and the National Association of Insurance Commissioners.

Click on each state for a closer look at the data:

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