Tesla Model Y Cost to Own (2026)
Long Range AWD · 320 mi range · 75.0 kWh battery · MSRP $43,990
Tesla Model Y Charging Costs
Home Charging (Level 2)
At 16.1¢/kWh national average (EIA 2025). Your rate may vary — check your local utility.
DC Fast Charging
Public DC fast charging costs 3–5× more per mile than home charging. Road trips add up — most owners use home charging for 80–90% of miles.
5-Year Cost Comparison: Tesla Model Y vs Toyota RAV4
12,000 miles/year, national average energy prices, base trim prices. No federal tax credit (ended Sept 2025).
| Cost category | Tesla Model Y | Toyota RAV4 | EV saves |
|---|---|---|---|
| Purchase price (MSRP) | $43,990 | $29,555 | -$14,435 |
| Fuel (5 years) | $2,540 | $6,400 | +$3,860 |
| Maintenance (5 years) | $2,900 | $6,250 | +$3,350 |
| Insurance (5 years) | $11,750 | $9,000 | -$2,750 |
| Depreciation (5 years) | $19,356 | $11,822 | -$7,534 |
| 5-year running total | $36,546 | $33,472 | -$3,074 |
5-year running costs = depreciation + fuel + insurance + maintenance. Purchase price shown for reference, not included in running total.
State incentives may apply. 14+ states offer rebates of $2,000–$9,500 on qualifying EVs. Colorado ($5,000), Connecticut ($9,500), Oregon ($7,500), Vermont ($5,000), and New Jersey ($4,000) are the highest. The federal $7,500 credit ended September 2025. See full state incentive list →
Key Specs: Tesla Model Y
Your actual cost depends on your state's electricity rate
Washington charges 10.2¢/kWh — the Tesla Model Y costs $278/yr to fuel there. In Hawaii at 44.3¢/kWh, it's $1,217/yr. Same car, 4× the fuel cost.
See charging costs by state →