Tires are a big part of the cost of owning a car, and the range of tire prices doesn’t make it easier to budget for them.
The price of tires depends on several factors, including how they perform in certain weather conditions, how well they handle, and what type of terrain they can manage.
Each type of tire comes with its own price range. And while some tires might induce sticker shock, plenty of affordable options are on the market.
Factors affecting cost
Tires are made of varying compounds and have different treadwear ratings. These ratings tell you how long the tires will likely last. Tires are usually categorized according to the conditions in which they work best. Here are some of the common types of tires, and the factors that may affect their cost.
Weather performance. Tires are categorized as summer, winter or all-season. Summer and winter tires are designed to perform in certain types of weather, and all-season tires find a balance between summer and winter. All-season tires tend to be the cheapest option, and summer tires tend to be the most expensive. Winter tires fall somewhere in the middle.
🤓Nerdy Tip
If you live somewhere that drops below 40 degrees for only a few weeks a year, it’ll be cheaper to buy all-season tires for year-round driving than to go with winter tires that you swap out seasonally.
Comfort. Some types of tires, such as touring tires, are designed to give you a smoother ride. Comfort tires may have the same performance potential as other tires — for example, they may have the same wet and dry braking capabilities as all-season tires — but they tend to cost more because they offer a more comfortable ride.
Terrain. All-terrain tires are generally more expensive than standard highway tires because they have tread designed to let you go off-road. While you can get about 40,000 miles out of an all-terrain tire, it’s likely to wear down more quickly and need replacing sooner than a highway tire.
Performance. Designed for sports cars, performance tires let you take corners tightly and stop on a dime. They’ll give you that fast-driving experience, but you’ll pay more for performance tires.
Average cost of tires
The cost of tires can vary widely by type. Discount Tire, a national tire retailer, breaks down the average cost of tires by type and wheel size. Here is the range of prices and median cost per tire for each wheel size:
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12-inch to 15-inch wheels. Tires often run $80 to $150, with a median price of $115. These tires are common for compact cars.
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16-inch to 20-inch wheels. Tires of this size generally cost $100 to $400, with a median price of $250. These tires are common for SUVs, crossovers, vans and trucks.
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18-inch to 26-inch wheels. Tires often cost $140 to $500, with a median price of $320. These tires are common for larger trucks and utility vehicles.
The cheaper the tire within a certain group, the less likely it is to perform as well or last as long. Economical options are available, but research the quality of any tire you’re considering before buying it.
The table below shows the range of prices for different types of tires. These prices are not specific to a certain vehicle or tire size. They were gathered from Discount Tire’s online inventory in October 2022.
Labor costs
When having new tires installed, the total average cost for labor is $50 to $300, according to CarRoar.com. The labor cost can vary by vehicle and tire size: The bigger the tires or more complicated the install, the higher the labor charge. For example, many shops charge more to mount low-profile tires.
Having new tires installed includes several steps. Your total labor cost is likely to include the time to perform the labor, mounting and balancing of the new tires, and disposal fees to get rid of your old tires.
🤓Nerdy Tip
You are likely to get a discount on the labor for having new tires installed if you have the work done at the shop where you purchase the tires.