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CarSavr TCO Study · Updated June 29, 2026

EV vs Gas: Real 5-Year Cost of Ownership in All 50 States

We modeled a Tesla Model 3 RWD ($42,500 MSRP) and a Toyota Camry SE ($28,500 MSRP) over 5 years and 60,000 miles in every U.S. state. The EV wins in 48 of 51 jurisdictions — but the margin ranges from $800 (Alaska) to $5,900 (Hawaii). Use this to settle the EV-or-not debate with real numbers for your state.

Methodology

Five-year cost includes: depreciation (using national segment averages), fuel/electricity (state retail prices from EIA + DOE AFDC), insurance (NAIC state averages), registration + title fees (state DMV schedules), and maintenance + repairs (AAA Your Driving Costs national benchmark with state-level adjustment). Financing assumes 60-month loan at the published state-level average new-car APR with 10% down.

Vehicles chosen for comparability: both 2026 model year, similar interior volume, comparable safety ratings, and roughly equivalent commute use-case (12,000 mi/yr).

Editorial independence: CarSavr is independently owned and earns affiliate commissions on linked offers; commissions never determine which entries appear in this study or how they rank. Full disclosure: /disclosure.

Sources & cross-references

Download CSV (CC BY 4.0)Run your own TCO numbers
StateEV 5-yr costGas 5-yr costΔ (EV − Gas)¢/kWhGas $/gal
California$54,600$61,400−$6,80028.4¢$4.85
Hawaii$58,200$64,100−$5,90041.5¢$4.95
Washington$50,500$56,400−$5,90011.0¢$4.30
Oregon$50,700$55,700−$5,00012.4¢$4.10
District of Columbia$53,700$57,800−$4,10016.2¢$3.65
Idaho$49,800$53,600−$3,80010.8¢$3.40
Arizona$50,100$53,800−$3,70013.4¢$3.65
Michigan$52,400$56,100−$3,70017.4¢$3.40
Florida$52,800$56,400−$3,60014.8¢$3.30
Illinois$52,100$55,700−$3,60015.6¢$3.65
Colorado$51,800$55,300−$3,50014.2¢$3.45
Nevada$51,800$55,200−$3,40014.2¢$3.95
Georgia$51,400$54,600−$3,20014.0¢$3.15
Maryland$53,200$56,400−$3,20016.2¢$3.45
New Jersey$53,800$56,900−$3,10017.6¢$3.40
Ohio$51,800$54,900−$3,10014.6¢$3.30
Utah$51,000$54,100−$3,10011.2¢$3.60
Virginia$51,900$54,900−$3,00013.8¢$3.25
Alabama$51,200$54,100−$2,90014.5¢$3.20
Louisiana$50,900$53,800−$2,90011.8¢$3.05
Wisconsin$51,700$54,600−$2,90016.0¢$3.30
New York$55,400$58,200−$2,80022.6¢$3.65
Pennsylvania$53,000$55,800−$2,80017.2¢$3.50
Wyoming$50,900$53,700−$2,80011.4¢$3.45
Minnesota$51,900$54,600−$2,70014.6¢$3.25
Missouri$51,100$53,800−$2,70011.5¢$3.10
New Mexico$51,100$53,800−$2,70014.0¢$3.35
North Carolina$51,600$54,300−$2,70013.4¢$3.20
Oklahoma$51,200$53,900−$2,70011.6¢$3.10
South Carolina$51,400$54,100−$2,70013.6¢$3.15
Tennessee$51,100$53,800−$2,70012.6¢$3.15
Texas$51,500$54,200−$2,70013.8¢$3.05
Montana$51,200$53,800−$2,60011.7¢$3.55
Delaware$52,400$54,900−$2,50014.1¢$3.25
Mississippi$50,700$53,200−$2,50012.6¢$3.05
North Dakota$50,600$53,100−$2,50011.8¢$3.40
South Dakota$50,800$53,300−$2,50012.4¢$3.35
West Virginia$51,200$53,700−$2,50013.4¢$3.30
Arkansas$50,800$53,200−$2,40012.9¢$3.10
Nebraska$51,000$53,400−$2,40011.5¢$3.20
Indiana$51,900$54,200−$2,30014.4¢$3.20
Vermont$52,300$54,600−$2,30020.8¢$3.50
Iowa$51,300$53,400−$2,10013.2¢$3.05
Kentucky$51,400$53,400−$2,00012.0¢$3.10
Kansas$51,800$53,600−$1,80013.4¢$3.05
Maine$53,100$54,900−$1,80021.4¢$3.50
Massachusetts$56,100$57,800−$1,70026.4¢$3.50
Rhode Island$55,800$57,100−$1,30025.4¢$3.50
Connecticut$55,900$57,100−$1,20026.8¢$3.55
New Hampshire$53,600$54,800−$1,20022.2¢$3.30
Alaska$56,800$57,600−$80023.8¢$3.95

Sortable: click a column header. CSV is CC BY 4.0 — cite “CarSavr EV vs Gas: Real 5-Year Cost of Ownership in All 50 States” and link back when reusing.

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