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The cheapest states for car owners
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The cheapest states for car owners © fotomak/Shutterstock.com

The cheapest states for car owners

You could scour the town for the cheapest gas and do all your own repairs. Yet, the cost of owning your car still may be higher than what drivers pay in other parts of the country, especially those living in the Midwest.

Midwestern states dominated Bankrate's 2014 ranking of the cheapest places for car owners. The analysis focused on expenses related to repairs, insurance and gasoline. We gathered statistics from CarMD.com, GasBuddy.com, the Bureau of Transportation Statistics and the National Association of Insurance Commissioners.

Not on this list? Don't worry. There's still a lot you can do to trim your annual car expenses. For example, if you're paying sky-high insurance, you might look for another carrier or check to see if you're eligible for discounts. If the price of gasoline is breaking your budget, you might think about consolidating your trips to the grocery store or carpooling to work.

You also could consider investing in an electric or hybrid car, but those come with their own drawbacks, says Kristin Brocoff, a spokeswoman for CarMD.com. They're more expensive, and repair costs could be higher as well, especially in states where alternative-fuel vehicles are rare, Brocoff says.

In ascending order, here are the cheapest states for car owners.

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