Key Findings
  • Driving in Colorado costs an estimated $1,630 per year in fuel, ranking #38 among all states.
  • The average driver in Colorado travels 9,538 miles per year, 1,789 miles below the national average.
  • Regular gasoline averages $4.051/gal, with a combined state and federal gas tax of 42.1 cents/gal.
  • An EV driver in Colorado would pay roughly $431/year for electricity, saving about 74% compared to gasoline.

01 Quick Facts

MetricValueNational Avg
Annual fuel cost (23.7 MPG on-road fleet avg)$1,630$1,949
Regular gas price$4.051/gal$4.079/gal
Combined gas tax (state + federal)42.1¢/gal
Miles driven per capita9,53811,327
Electricity rate (residential)14.9¢/kWh16.5¢/kWh
Driving cost rank#38 of 51
FHWA PS-1 (2024), EIA Weekly Retail Gasoline Prices (Aug 2026), FHWA MF-121T (2022), EIA Form 861 (2024)

02 Gas Prices

Regular gasoline in Colorado averages $4.051 per gallon, which is $0.03 below the national average of $4.079. Colorado ranks #25 among states for gas prices (1 = most expensive).

U.S. Energy Information Administration, Weekly Retail Gasoline Prices, August 2026

03 Gas Taxes

Colorado charges a state gasoline excise tax of 23.7 cents per gallon. Combined with the federal excise tax of 18.4 cents per gallon, drivers in Colorado pay a total of 42.1 cents per gallon in fuel taxes. This ranks #39 among all states (1 = highest tax).

FHWA, Highway Statistics 2022, Table MF-121T: State Motor-Fuel Tax Rates

At 9,538 miles per year and 23.7 MPG (on-road fleet average), the average driver in Colorado pays roughly $169 in combined gas taxes annually.

Tax ComponentRate
State gasoline tax23.7¢/gal
Federal gasoline tax18.4¢/gal
Combined total42.1¢/gal
Annual tax burden (at 9,538 mi, 23.7 MPG)$169
FHWA MF-121T (2022); 26 U.S.C. §4081 (federal excise tax rate)

04 Miles Driven

The average driver in Colorado travels 9,538 miles per year, ranking #36 among all states (1 = most miles). This is 1,789 miles below the national average of 11,327.

FHWA, Table PS-1: Selected Measures for Identifying Peer States, 2024

Colorado has a total of 55.1 billion vehicle-miles traveled annually across all road types, with a population of 5,773,714 (86% urban).

FHWA PS-1, 2024; U.S. Census Bureau, 2020 Census

05 Annual Fuel Cost

Based on Colorado's average gas price and miles driven, here is the estimated annual fuel cost by vehicle type:

Vehicle TypeMPGAnnual Fuel Cost
Compact sedan28.2$1,370
Midsize SUV19.6$1,971
Pickup truck18.3$2,111
Calculated: VMT per capita (9,538 mi) ÷ MPG × gas price ($4.051/gal). Class MPG from EPA/DOE Fuel Economy Guide database (unweighted average of comb08 by EPA VClass, model years 2024–2025).

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06 Commuting

The average commute in Colorado takes 25.5 minutes one way. About 66.0% of workers drive alone to work, while 1.6% use public transit and 19.9% work from home.

U.S. Census Bureau, ACS 1-Year Estimates, Table S0801: Commuting Characteristics by Sex, 2023
Commute MetricValue
Mean travel time to work25.5 min
Drove alone to work66.0%
Public transit1.6%
Worked from home19.9%
U.S. Census Bureau, ACS 1-Year Estimates, Table S0801, 2023

07 EV Comparison

The average residential electricity rate in Colorado is 14.9 cents per kWh, which ranks #25 among states (1 = most expensive). At an average EV efficiency of 3.3 miles per kWh, driving on electricity in Colorado costs roughly $0.045 per mile compared to $0.171 per mile for gasoline.

EIA Form 861, Table 5A: Average Monthly Bill — Residential, 2024; EPA average EV efficiency ~3.3 mi/kWh
MetricGasolineElectric
Cost per mile$0.171$0.045
Annual fuel/energy cost (9,538 mi)$1,630$431
Annual savings with EV$1,199 (74%)
EIA Form 861 (2024); EIA Weekly Retail Gasoline Prices (Aug 2026); EPA Fuel Economy Guide

08 Neighboring States

Here is how Colorado's driving costs compare to neighboring states:

StateGas PriceVMT/CapitaAnnual Cost
Colorado$4.0519,538$1,630
Wyoming$4.13916,849$2,943
Nebraska$3.92911,165$1,851
Kansas$3.92910,780$1,787
Oklahoma$3.92911,733$1,945

09 Data Sources

  1. Federal Highway Administration: Table PS-1, Selected Measures for Identifying Peer States, 2024. fhwa.dot.gov
  2. Federal Highway Administration: Highway Statistics 2022, Table MF-121T: State Motor-Fuel Tax Rates. fhwa.dot.gov
  3. U.S. Energy Information Administration: Weekly Retail Gasoline Prices by State/Region, August 2026. eia.gov
  4. U.S. Energy Information Administration: Form EIA-861, Table 5A: Average Monthly Bill — Residential, 2024. eia.gov
  5. U.S. Census Bureau: ACS 1-Year Estimates, Table S0801: Commuting Characteristics by Sex, 2023. data.census.gov
  6. U.S. Environmental Protection Agency / Department of Energy: Fuel Economy Guide database, model years 2024–2025 (vehicle-type MPG); The 2025 Automotive Trends Report, EPA-420-R-26-001 (fleet trends). epa.gov
  7. DOE/Oak Ridge National Laboratory: Transportation Energy Data Book, Edition 40, Table 4.3: on-road fuel economy of the light-duty vehicle fleet, 23.7 MPG (2020, the most recent year published). tedb.ornl.gov
Disclaimer. This page is for informational purposes only and does not constitute financial, legal, or professional advice. All data is sourced from U.S. government agencies as cited. Gasoline prices change frequently and vary by station, grade, and payment method. Gas tax rates reflect FHWA 2022 data and may have been adjusted since publication. Annual cost estimates use the formula: VMT ÷ MPG × Price per Gallon.