How much more gas costs now for each type of car – see how your car stacks up

With gas prices steadily rising in the US and abroad, despite Monday’s weekly US price drop, many drivers are learning how much extra it has cost to fill up their car tanks lately.

Gas prices across the country started rising before Russia invaded Ukraine. But the escalation to the war pushed them higher, and then came the global wave of sanctions against the Kremlin. As of March 17, the average price for a gallon of gas was $4.29 nationwide, according to AAA. The average a year ago was $2.89, indicating an average retail price increase of $1.41 per gallon.

Let’s take a deeper look at how rising gas prices affect the average US portfolio.

What will gas price hikes cost drivers?

A $1 increase in the price of a gallon of gas costs the average American driver an additional $56 per month, according to Kelly Blue Book research from 5-year cost-to-own data. At the federal minimum wage ($7.25), unchanged since 2009, it would take an extra 8 hours per month to cover those extra expenses.

The research takes into account estimates of the total vehicle-related costs that the owner pays during the first five years of vehicle ownership. This includes petty expenses such as fuel, car insurance and lost value of car depreciation.

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Looking at operating costs by vehicle segment and the vehicle owner who drives 15,000 miles per year, the research shows average monthly fuel costs, based on average fuel costs over the past five years (about $3 per gallon). Next, Kelley Blue Book data analysts calculated the additional cost for every dollar increase per gallon of gas.

The chart below also shows the additional monthly cost now that the price of gasoline has increased, on average, by about $1.50 from March 2021.

The bottom line: owners of less efficient cars are the ones who feel the most.

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What vehicles cost you the most to operate

The driver of a full-size SUV pays about $110 extra each month to operate that vehicle. The full-size pickup truck now costs $100 a month to drive compared to last year.

The price hike affects almost all households. Drivers of small compact cars pay $54 and $60 more per month than last year, respectively. Hybrid drivers are affected, with monthly gas costs for that group increasing by about $40 a month, the research shows. Even city dwellers who don’t own cars may see higher prices for goods as retailers and others pass on fuel costs and with ride-sharing companies charging temporary surcharges.

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Calculate your additional costs

The chart below assumes that the average driver puts 15,000 miles a year on a vehicle, 55% of which are at city speeds and 45% on highways.

See the estimates below to see how your type of vehicle stacks up.

Monthly surcharge when the price of gas is:

vehicle

Monthly gas cost at an average price of 5 years

Up to $1 per gallon

Up to $1.50 a gallon

Hybrid / alternative energy car

$76

+ $25

+ $38

compact car

109 bucks

+ $36

+ $54

compact car

$123

+ $40

+ $60

medium size car

$129

+ $43

+ $64

Small Luxury SUV/Crossover

$142

+ 47 dollars

+ $70

minivan

$142

+ $48

+ $73

Small SUV / Crossover

$143

+ $48

+ $71

Small SUV / Crossover

$144

+ 47 dollars

+ $70

luxury car for beginners

$147

+ $48

+ $72

From

$152

+ $52

+ $78

Compact sports car

$155

+ $50

+ $76

Luxury car

$160

+ $53

+ $79

sports car

$164

+ $55

+ $83

Luxury Compact SUV/Crossover

$164

+ $54

+ $80

full size car

$169

+ $55

+ $83

luxury sports car

$171

+ $57

+ $86

Midsize SUV/Crossover

$176

+ $58

+ $86

high-end luxury car

$181

+ $60

+ $90

Luxury Midsize SUV/Crossover

$184

+ $61

+ $92

Medium sized pickup truck

$191

+ $62

+ $94

High performance luxury car

$194

+ $65

+ $97

full size pickup truck

206 dollars

+ $67

+ $100

high performance car

$225

+ $70

+ $111

SUV / full-size crossover

$227

+ $74

+ $111

Full-size luxury SUV/crossover

$228

+ $75

+ $112

national average

$164

+$56

$83

source: Kelly Blue Book

This story originally continued KBB.com.