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Taking into account medical costs and the financial loss of not being able to work, car accidents costs hundreds of billions of dollars each year. A study conducted by the NHTSA estimated that traffic accidents cost $871 billion dollars each year. In a more recent 2015 study conducted by the CDC that looked at costs associated with fatal car crashes, an estimated $44.4 billion was how much fatal car crashes cost the U.S. each year.

Cost of Fatal Car Crashes each year by state

The table below breaks down the cost of fatal car accidents each state in the U.S.:
State Amount
Texas  $4,890,000,000
California  $4,480,000,000
Florida  $3,020,000,000
North Carolina  $1,710,000,000
Georgia  $1,630,000,000
Pennsylvania  $1,600,000,000
New York  $1,590,000,000
Illinois  $1,410,000,000
Ohio  $1,330,000,000
Tennessee  $1,250,000,000
Alabama  $1,200,000,000
Michigan  $1,200,000,000
Indiana  $1,070,000,000
Arizona  $1,050,000,000
South Carolina  $1,050,000,000
Louisiana  $1,010,000,000
Missouri  $981,000,000
Virginia  $947,000,000
Oklahoma  $902,000,000
Mississippi  $861,000,000
Kentucky  $798,000,000
Wisconsin  $692,000,000
Maryland  $690,000,000
New Jersey  $689,000,000
Arkansas  $683,000,000
Washington  $654,000,000
Colorado  $647,000,000
Minnesota  $521,000,000
Kansas  $449,000,000
Massachusetts  $438,000,000
New Mexico  $433,000,000
Oregon  $426,000,000
Connecticut  $407,000,000
Iowa  $399,000,000
West Virginia  $397,000,000
Nevada  $356,000,000
Nebraska  $311,000,000
Idaho  $303,000,000
Montana  $299,000,000
Utah  $268,000,000
Maine  $180,000,000
South Dakota  $177,000,000
New Hampshire  $167,000,000
North Dakota  $162,000,000
Hawaii  $149,000,000
Delaware  $139,000,000
Wyoming  $127,000,000
Vermont  $86,000,000
Rhode Island  $84,000,000
Alaska  $72,000,000
District of Columbia  $34,000,000