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Cost of owning a car lowest in Midwest

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Bankrate took the cost of insurance, gas and repairs into account to come up with their rankings. (Source: Bankrate/CNN) Bankrate took the cost of insurance, gas and repairs into account to come up with their rankings. (Source: Bankrate/CNN)

(CNN) - Wyoming is the most expensive state to own and operate a car, according to Bankrate.

Bankrate ranked states based on the price of gas, insurance and car repairs to come up with the cost of owning and operating a car in each state.

The national average cost of owning a car is about $2,200 a year.

In Wyoming, drivers pay about $2,700 a year because drivers log more miles and have to buy more gas.

Louisiana and Florida come in as the second and third most expensive states to operate a car in, at more than $2,500 a year.

The cheapest place to own a car is the Midwest. Drivers in Iowa, Ohio and Illinois spend less than $2,000 a year.

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