Mississippi tops Automotive Misery Index

Filed under: Car Buying, Sedan, Honda

Anyone who's ever laid claim to a set of keys can tell you car ownership is an expensive proposition, but according to CarInsurance.com, just how expensive can fluctuate significantly depending on where you call home. The site released a new study called "The Automotive Misery Index," which looks at each state's average household income compared to factors like the cost of fuel, the number of miles driven and the cost of full insurance coverage for a 2012 Honda Accord EX. Surprisingly enough, Mississippi ranked as the state with the highest misery index, thanks in part to low average household income, high average mileage and very expensive insurance.

Five states with the highest misery index:

• Mississippi
• Oklahoma
• Louisiana
• West Virginia
• Montana

Five states with the lowest misery index:

• New Hampshire
• Alaska
• Connecticut
• Colorado
• Washington

You can check out the full top 10 list by checking out the press release below.

Continue reading Mississippi tops Automotive Misery Index

Mississippi tops Automotive Misery Index originally appeared on Autoblog on Tue, 18 Sep 2012 18:29:00 EST. Please see our terms for use of feeds.

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Source: www.autoblog.com