auto

5 of the cheapest states to own a car

No. 5: Indiana
Indiana © Rudy Balasko/Shutterstock.com

Indiana motorists paid $3.63 per gallon on average for gasoline in 2012. That's just above the national average of $3.62 per gallon, according to GasBuddy.com. Yet the Hoosier State is one of the cheapest in the country when it comes to overall operating costs, at $2,698.

Kelley Blue Book estimates that Indiana drivers paid an average of $558 per year in automobile taxes and fees. That's the sixth lowest in the U.S.

The average annual insurance premium of $621 is also the 10th lowest, according to the National Association of Insurance Commissioners. And repair costs are the country's 12th lowest in the country at $329.

Sources: GasBuddy.com; the National Association of Insurance Commissioners; CarMD.com; Kelley Blue Book; the Oil Price Information Service; and the Bureau of Transportation Statistics. The information contained in our index is accurate through 2012 with the exception of insurance data, which is accurate through 2010. All data are subject to change.

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