
Louisiana Ranks Among the Most Expensive States for Cars
The cost of living is crushing Americans, it seems like every daily aspect of life is becoming more expensive and Louisianians are feeling it big time. If you believe that all states are created equal regarding the cost of living think again, Louisiana residents are taking a huge hit in something we may not even consider however we are all using this daily.
Louisianans are Taking a Huge Hit to Their Pockets When Owning a Car
According to the latest LendingTree study, things aren't looking great for Louisianans. Car ownership is no joke and Louisiana is the 3rd most expensive state to own a car. The overall cost of owning a car in Louisiana annually is $5,663.40 which is steep compared to the national average of $4,507.11.
The study calculated fuel expenses, sales tax, auto insurance premiums, and the ever-loathing car repairs. After seeing this study you can tell that the odds are stacked against Louisiana drivers.
Here are the stats according to the LendingTree study:
Average annual car insurance premiums: $2,989
Average annual fuel costs: $1,885.90
Average annualized sales tax: $400.13
Average annual repair costs: $388.66
Did You Know Louisiana Ranks Fourth Highest for Auto Insurance Costs?
If you have been complaining about your insane auto insurance rate, you have reason to gripe. Could the countless billboards for car injury lawyers be what distracts us on the road? Are we calling lawyers before we call the ambulance after a car wreck? According to WWNO.org, "Industry research shows Louisiana has the highest frequency of injury claims and the second-highest litigation rate in the country." Isn't that concerning? Louisiana has an average annual premium of $2,989, what are you and your family paying annually?
If You Think That the Roads in Louisiana Are to Blame For Your Expensive Car Repairs You Might be on to Something
Louisiananinas are taking on an extra $388.66 in car repair expenses every year. Swerved to hit a pothole but the truck in front of you didn't and now there is a chip on your windshield that will spread across in record time, you better rush to get that fixed.
Overall things aren't looking great for Louisiana drivers, could 2025 be the year that we all fill potholes with mardi gras beads?
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