EV Model Comparison: Cost to Own by Model (2026)
Home charging costs, fuel savings vs gas, and 5-year total cost of ownership for 12 top-selling EVs. All numbers at national average electricity (16.1¢/kWh) and gas ($3.20/gal), 12,000 miles/year.
Cheapest to Charge
3
$483/yr fuel
Most Fuel Savings
Rivian R1S
$1,454/yr vs gas
Best 5-Yr Value
Equinox EV
$4,277 ahead
Chevy Bolt EV
2LT259 mi range · 65.0 kWh · vs Toyota Corolla
Annual fuel
$495
Fuel savings/yr
$669
Cost/mile
4.1¢
Base MSRP
$26,500
5-yr advantage
+$131
vs Corolla
Chevy Equinox EV
1LT AWD280 mi range · 82.0 kWh · vs Chevy Equinox Gas
Annual fuel
$552
Fuel savings/yr
$819
Cost/mile
4.6¢
Base MSRP
$34,995
5-yr advantage
+$4,277
vs Gas
Volkswagen ID.4
Standard206 mi range · 62.0 kWh · vs VW Tiguan
Annual fuel
$604
Fuel savings/yr
$818
Cost/mile
5.0¢
Base MSRP
$38,995
5-yr premium
-$1,439
vs Tiguan
Tesla Model 3
Standard Range RWD272 mi range · 57.5 kWh · vs Toyota Camry
Annual fuel
$483
Fuel savings/yr
$717
Cost/mile
4.0¢
Base MSRP
$40,240
5-yr premium
-$2,012
vs Camry
Hyundai Ioniq 5
SE Standard Range266 mi range · 58.0 kWh · vs Hyundai Tucson
Annual fuel
$483
Fuel savings/yr
$797
Cost/mile
4.0¢
Base MSRP
$41,450
5-yr premium
-$1,852
vs Tucson
Kia EV6
Standard Range RWD310 mi range · 77.4 kWh · vs Kia Sportage
Annual fuel
$483
Fuel savings/yr
$841
Cost/mile
4.0¢
Base MSRP
$42,600
5-yr premium
-$1,693
vs Sportage
Ford Mustang Mach-E
Select AWD270 mi range · 91.0 kWh · vs Ford Explorer
Annual fuel
$623
Fuel savings/yr
$854
Cost/mile
5.2¢
Base MSRP
$42,995
5-yr advantage
+$1,220
vs Explorer
Tesla Model Y
Long Range AWD320 mi range · 75.0 kWh · vs Toyota RAV4
Annual fuel
$508
Fuel savings/yr
$772
Cost/mile
4.2¢
Base MSRP
$43,990
5-yr premium
-$3,074
vs RAV4
Ford F-150 Lightning
Pro240 mi range · 98.0 kWh · vs Ford F-150 Gas
Annual fuel
$840
Fuel savings/yr
$1,080
Cost/mile
7.0¢
Base MSRP
$49,995
5-yr premium
-$1,956
vs Gas
Tesla Model S
Dual Motor AWD405 mi range · 100.0 kWh · vs BMW 5 Series
Annual fuel
$508
Fuel savings/yr
$863
Cost/mile
4.2¢
Base MSRP
$74,990
5-yr premium
-$3,505
vs Series
Rivian R1S
Dual-Motor AWD321 mi range · 135.0 kWh · vs Chevrolet Tahoe
Annual fuel
$805
Fuel savings/yr
$1,454
Cost/mile
6.7¢
Base MSRP
$75,900
5-yr premium
-$2,244
vs Tahoe
BMW iX
xDrive50324 mi range · 111.5 kWh · vs BMW X5
Annual fuel
$644
Fuel savings/yr
$1,101
Cost/mile
5.4¢
Base MSRP
$87,100
5-yr premium
-$2,647
vs X5
5-year cost comparison: depreciation + fuel + insurance + maintenance at national averages. No federal tax credit (ended Sept 2025). State incentives may apply. MSRP prices are 2024 base trim.