To elongate an exhaust tail pipe wherein a muffler is covered by a rear cowl. An exhaust structure of a vehicle including a rear cowl covering a vehicle rear portion, a rear bank-muffler including a first and second expansion chamber partitioned by a partition, a first and second connecting pipe connecting the expansion chambers, and a tail pipe configured to discharge exhaust air from the rear bank-muffler. The rear bank-muffler is covered by the rear cowl, wherein outlines of the rear bank-muffler and the rear cowl are each formed such that the width decreases toward the vehicle rear. The tail pipe, the first connecting pipe, and the second connecting pipe are provided so as to penetrate the partition. A position where the tail pipe penetrates the partition and positions where the first connecting pipe and second connecting pipe penetrate the partition are offset from each other in the vertical direction.