Electric Alternative to the Ram 1500
2024 Ram 1500 · 18 mpg combined · $37,490 MSRP
What your Ram 1500 costs to run
Annual fuel cost
$2,133
12,000 mi/yr
Cost per mile
17.8¢
gas at $3.20/gal
5-yr fuel cost
$10,665
fuel only
5-yr running costs
$43,411
depr + fuel + ins + maint
2 EVs that fit
Ranked by total 5-year cost savings vs your Ram 1500.
Best match
Ford F-150 Lightning
240 mi range · MSRP $49,995
+$1,213
5-yr TCO vs Ram 1500
Annual fuel savings
$1,293
EV cost/mile
7.0¢
vs 17.8¢ gas
EV annual fuel
$840
vs $2,133 gas
Price difference
+$12,505
vs Ram 1500 MSRP
| Cost (5 years) | Ford F-150 Lightning | Ram 1500 | EV saves |
|---|---|---|---|
| Fuel | $4,200 | $10,665 | +$6,465 |
| Maintenance | $3,000 | $7,500 | +$4,500 |
| Insurance | $12,000 | $10,250 | -$1,750 |
| Depreciation | $22,998 | $14,996 | -$8,002 |
| 5-yr running total | $42,198 | $43,411 | +$1,213 |
5-yr running costs = depreciation + fuel + insurance + maintenance. Purchase price shown separately. 12,000 mi/yr, national avg energy prices.
State incentives may apply. 14+ states offer $2,000–$7,500 for qualifying EVs. Check your state →
Rivian R1T
314 mi range · MSRP $69,900
-$10,908
5-yr TCO vs Ram 1500
Annual fuel savings
$1,360
EV cost/mile
6.4¢
vs 17.8¢ gas
EV annual fuel
$773
vs $2,133 gas
Price difference
+$32,410
vs Ram 1500 MSRP
| Cost (5 years) | Rivian R1T | Ram 1500 | EV saves |
|---|---|---|---|
| Fuel | $3,865 | $10,665 | +$6,800 |
| Maintenance | $3,300 | $7,500 | +$4,200 |
| Insurance | $15,000 | $10,250 | -$4,750 |
| Depreciation | $32,154 | $14,996 | -$17,158 |
| 5-yr running total | $54,319 | $43,411 | -$10,908 |
5-yr running costs = depreciation + fuel + insurance + maintenance. Purchase price shown separately. 12,000 mi/yr, national avg energy prices.
What actually changes when you switch
You pay less for
- ✓ Fuel — electricity is 3–4× cheaper per mile than gas at current prices
- ✓ Oil changes — EVs don't have them
- ✓ Brake jobs — regenerative braking extends pad life
- ✓ Transmission service — no transmission
You pay more for
- ○ Purchase price — most EVs cost $5K–$15K more upfront
- ○ Insurance — EVs cost 10–25% more to insure on average
- ○ Home charger — Level 2 install runs $800–$1,500
- ○ Tire replacement — heavier EVs can wear tires faster
Other trucks in your class
Ford F-150
20 mpg · Best match: Ford F150 Lightning
Chevrolet Silverado 1500
19 mpg · Best match: Ford F150 Lightning
Toyota Tacoma
21 mpg · Best match: Ford F150 Lightning