The best and worst states to buy and insure the Kia Rio

The subcompact Kia Rio has been on the block since 2000, and is now in its third generation. The Rio is also a very popular car in the used car market in the United States, well known for its affordability. The Rio is also one of the least expensive cars to insure.  

Maine has the lowest median price as well as insurance rates. The Rio can be purchased for a median price of $5950 in Maine, and you would have to pay only $879 every year to insure it in this state. To put these low rates into perspective, let us consider the states in which the insurance rates for the Rio are high –

State Annual Average Insurance Rate ($) Median Price ($) Percentage of median price spent on insurance (%)
Louisiana 2,571 14,997 17
Michigan 2,443 9,495 25
Montana 1,833 11,999 15
California 1,733 11,499 15
New Jersey 1,726 13,999 12

If you live in Louisiana, it might make sense for you to buy your Rio from a cheaper state and have it shipped back home.

The states where insuring the Rio is the least expensive are listed below

State Annual Average Insurance Rate ($) Median Price ($) Percentage of median price spent on insurance (%)
Maine 879 5,950 14
Idaho 890 5,999 14
Iowa 904 11,724 7
New Hampshire 927 8,338 11
Indiana 998 11,529 8

Besides Maine, the median price of the Rio is low (below $10,000) in Idaho, Alabama, New Mexico, Minnesota, Delaware, Virginia, New Hampshire, Nebraska, Michigan, Kentucky, Florida, Arizona, and Tennessee. Of these states, Idaho, New Hampshire and Maine also have average insurance rates below $1000.

In Indiana and Iowa, the median prices of the Rio are $11,529 and $11,724, respectively. In these states too, insurance rates are below $1,000.

Pennsylvania is the most expensive state to buy the Rio, with a median price of $16052. The average insurance rates for the Rio are also high in Pennsylvania, at $1394.