New Report Reveals the Cost of Car Ownership in the U.S.: Households Now Spending $6,900 Annually

New Report Reveals the Cost of Car Ownership in the U.S.: Households Now Spending $6,900 AnnuallyTwo new reports released today by doxo reveal that Americans as a whole spend $717 billion annually on Auto Loans and Auto Insurance combined. The 2025 U.S. Auto Loan Market Size and Household Spending Report and the 2025 U.S. Auto Insurance Market Size and Household Spending Report found that U.S. To access the latest analysis of household bill expenses, click on the state or city hyperlinks within the chart. Alternatively, you can visit www.doxo.com/w/explore and select a state to explore household bill expense data for each state, county, and city. For over 10M consumers, doxo's all-in-one bill pay makes it simple to organize and pay any bill on any device through a secure checkout.