Those who don’t rely on public transportation in cities face challenges that don’t come up as much when driving in the suburbs, like restricted and costly parking, congestion, and pricier gas.
So which cities are the least expensive per year for car owners? Sperling’s Best Placescompiled a top ten by figuring the cost of insurance and the cost of driving, based on local gas prices and daily miles driven, plus congestion. They also put a price on time wasted in traffic, by applying an hourly cost based on each place’s household income.
As for the most costly cities to own a car out of the 50 cities analyzed, California gets the grand prize for appearing five times (the Riverside, San Jose, San Diego, Los Angeles, and San Francisco metro areas), and the other most expensive cities and metro areas to own a car are Chicago, Detroit, Houston, Atlanta, and Washington, DC.
Click ahead to see the ones that fared the best, including three cities from one state.
By Colleen Kane
Posted 10 Feb 2011