How expensive is it to own a car in Alaska?

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What will it cost to own a car in Alaska every year?
Why it costs that much
Tips for keeping your car ownership costs low
Final Word
 
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What will it cost to own a car in Alaska every year?

Owning a car in Alaska comes at a cost just like it does anywhere else in the country or the world for that matter. Specifically, owning a car in Alaska will primarily incur the cost of registration, insurance, gas and maintenance.

According to data assembled in 2019, the average five-year cost of owning a car in Alaska is $22,766.

This includes average insurance cost which came out to $1,183 each year. Now, that is a very rough estimate which can change based on demographics about you including age, gender, average commute distance, auto insurance carrier and more.

The average cost of owning a car in Alaska also includes the average cost of gas which ran $2,461 in Alaska over the course of a year. That comes out to per $47 week. That seems like a lot because, on average, Alaska’s gas cost almost a dollar more than most other states in the US. So, that means that Alaska’s gas prices are typically over three dollars per gallon whereas the rest of the country is usually been well under three dollars recently.

Average repair cost also is factored into the total average cost of owning a car in Alaska. In Alaska, the average repair cost ended up running about $362. This is obviously another subjective figure because your costs could end up being much lower or higher depending on how well you take care of your car. However, Alaska also averaged an additional $360 of added repairs because of the road conditions.
 

Why it costs that much

Alaska still turned out to be one of the cheaper states on the list primarily because it had one of the lowest auto insurance costs in the entire country. This helped negate the high average costs of both gas and repairs.

Gas and repairs were higher in Alaska than in other places in the United States because the cost of transporting gas costs more to Alaska thus the prices are higher. Repairs cost more in Alaska than in most places mostly because the poorer than normal condition of the roads. Unfortunately, because of the amount of snow during the year in most places in Alaska, the roads tend to have more cracks and potholes as a result.
 

Tips for keeping your car ownership costs low

If you own a car in Alaska and are looking to save a few bucks, then you can use the following tips:

  • Comparison shop for car insurance – Just like anything else, some companies will offer a better deal for you than others will. So, be sure to take your time and do some research on multiple companies when you are looking to buy auto insurance.
  • Pick a car with more efficient gas mileage – Cars with better gas mileages will help you save a decent amount of money on the cost of fueling up your vehicle. Always ask about the gas mileage when you are shopping for a new car.
  • Drive safely – This tip is obvious but the ways it can help you save might not be. You can save a bunch of money on repairs by avoiding any accidents and you can also save big on your insurance premiums by doing the same.
  • Be sure not to skip any repairs of maintenance – If you need to have some maintenance performed on your vehicle, such as getting your oil changed, make sure that you do so. If you skip any maintenance or repairs, it will likely end up costing you more in the long run.
  • Keep your tires properly inflated – Believe it or not, your tire can actually end up costing you more money is gas if your tires are not inflated at the right pressure.
  • Skip the idle – Do not warm up your car by idling it. This will waste gas and your car will actually warm up faster when you are driving anyway.

 

Final Word

Overall, it is not that expensive to own a car in Alaska. Certain things like gas might cost more than it does in many places, but the total cost is lower than the majority of US states. We highly recommend that you have a car in Alaska because it is difficult to get around otherwise. If you need your car shipped to Alaska, you can always call the car shipping experts at Alaska Car Transport at (907) 331-3100.

Category: Alaska Car Shipping.