2024 Toyota Tacoma Cost in Minnesota
Complete cost breakdown including taxes, insurance, fuel, and maintenance
Total 5-Year Cost
$56,327
Monthly Equivalent
$939
Sales Tax
7.13%
Annual Insurance
$1,551
Complete Cost Breakdown
Total Cost of Ownership
$56,327
Over 5 years in Minnesota
Monthly Equivalent
$939/mo
12,000 miles/year
Purchase Price
$32,420
Sales Tax
$2,312
7.13% in Minnesota
Registration
$725
5 years
Insurance
$7,755
$1,551/year
Fuel
$10,145
$2,029/year
Maintenance
$2,970
$594/year avg
Estimated Depreciation
$15,562
Your 2024 Toyota Tacoma will lose approximately $15,562 in value over 5 years
Vehicle Type
Pickup
Fuel Economy
21 MPG combined
Reliability Rating
4.5/5.0
Minnesota Vehicle Costs
Sales Tax Rate
7.13%
State: 6.5% + Local: 0.63%
Avg Insurance
$1,410
Ranked #21 of 50 states
Registration Fee
$145
Per year (average)
Gas Price
$3.55
Per gallon
Frequently Asked Questions
What is the total cost of owning a 2024 Toyota Tacoma in Minnesota?
The total 5-year ownership cost is approximately $56,327, which includes the purchase price ($32,420), sales tax (7.13%), insurance (avg $1,410/year), fuel, maintenance, and registration fees.
How much is insurance for a Tacoma in Minnesota?
The average annual insurance cost in Minnesota is $1,410. For this Tacoma, the estimated annual insurance is $1,551, which may vary based on your driving record, age, and coverage level.
What are the registration fees in Minnesota?
In Minnesota, the average annual vehicle registration fee is $145. This may vary based on the vehicle's age, weight, and value.
Is a Tacoma expensive to maintain?
The 2024 Toyota Tacoma has a 5-year maintenance cost of approximately $2,970, with a reliability rating of 4.5/5.0, making it very reliable.
Customize Your Calculation
Calculate Ownership Cost
MSRP: $32,420 • Pickup
Sales Tax: 7.13% • Insurance Avg: $1,410/yr
How long do you plan to own the vehicle?
Average: 12,000 miles/year