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Rivian R1T Cost in Rhode Island: EV vs Gas Comparison (2026)

Quick Answer

The Rivian R1T costs $1,583/month to own in Rhode Island over 5 years. That's $55,255 more than a comparable Toyota RAV4.Annual charging cost: $1,548 vs $1,740 for gas.

✓ Updated March 2026✓ Based on state insurance filings

5-Year Cost: Rivian R1T vs Toyota RAV4

Rivian R1T (EV)Toyota RAV4 (Gas)
MSRP$73,000$30,645
Depreciation$47,450$12,871
Insurance$24,060$10,700
Fuel/Charging$7,740$8,700
Maintenance$3,240$2,145
5-Year Total$95,000$39,745
Monthly Cost$1,583/mo$662/mo

Charging Costs in Rhode Island

Home Charging (avg 21.5¢/kWh)

$1,548/year

$129/month

Gas Equivalent (30 MPG, $3.48/gal)

$1,740/year

You save $192/year on fuel

These are estimates based on state averages. Your exact rate depends on your specific profile.

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