The Chronic Consumer

I buy things — all the time!

Most expensive auto insurance by state

Now that I’m almost finished with my Master’s degree, I am beginning to scour online job boards for potential openings in my field. I don’t even care if the jobs are within my own state at this point; I just want to submit a few resumes and sit through a few interviews to get my bearings again. I haven’t been on a job search in a long time, so my skills have gotten a bit rusty.

Anyway, as I was checking through a list of columbus jobs, I came across a link that led me to an article about resources for people considering moving to a different state. One of the articles was about how you need to carefully calculate potential living expenses because there is sometimes a huge difference between what you pay in your current state and what it would cost in the state you’re moving to.

As an example, the article linked to a blog post on CBS MoneyWatch about which states have the highest auto insurance. Here’s the list writer Jerry Edgerton came up with:

1. Michigan, $2,541
2. Louisiana, $2,453
3. Oklahoma, $2,197
4. Montana, $2,190
5. Washington, D.C., $2,146
6. California, $1,991
7. Mississippi, $1,896
8. New Mexico, $1,896
9. Arkansas, $1,836
10. Maryland, $1,807
11. North Dakota, $1,794
12. Connecticut, $1,786
13. Rhode Island, $1,747
14. Wyoming, $1,714
15. Hawaii, $1,707
16. South Dakota, $1,707
17. Georgia, $1,670
18. New Jersey, $1,663
19. West Virginia, $1,633
20. Kentucky, $1,629
21. New York, $1,627
22. Minnesota, $1,614
23. Washington, $1,584
24. Missouri, $1,563
25. Indiana, $1,518
26. Colorado, $1,508
27. Texas, $1,492
28. Delaware, $1,489
29. Florida, $1,476
30. Nebraska, $1,470
31. Pennsylvania, $1,468
32. Kansas, $1,461
33. Alaska, $1,454
34. New Hampshire, $1,334
35. Massachusetts, $1,328
36. Idaho, $1,325
37. Alabama, $1,306
38. Oregon, $1,306
39. Nevada, $1,300
40. Illinois, $1,290
41. Arizona, $1,280
42. Utah, $1,272
43. Virginia, $1,237
44. Iowa, $1,179
45. North Carolina, $1,154
46. Ohio, $1,152
47. Tennessee, $1,146
48. Wisconsin, $1,128
49. Maine, $1,126
50. South Carolina, $1,095
51. Vermont, $995

A $1,500+ difference between Michigan and Vermont is pretty significant, don’t you think? Obviously no one would move to a state based on insurance rates alone, but it is definitely something to think about when it comes to your household budget.