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Tesla Model 3 Cost in Colorado: EV vs Gas Comparison (2026)

Quick Answer

The Tesla Model 3 costs $868/month to own in Colorado over 5 years. That's $12,507 more than a comparable Toyota RAV4.Annual charging cost: $493 vs $1,690 for gas.

✓ Updated March 2026✓ Based on state insurance filings

5-Year Cost: Tesla Model 3 vs Toyota RAV4

Tesla Model 3 (EV)Toyota RAV4 (Gas)
MSRP$40,240$30,645
Depreciation$22,132$12,871
Insurance$18,010$10,700
Fuel/Charging$2,466$8,450
Maintenance$2,440$2,145
5-Year Total$52,107$39,600
Monthly Cost$868/mo$660/mo

Charging Costs in Colorado

Home Charging (avg 13.700000000000001¢/kWh)

$493/year

$41/month

Gas Equivalent (30 MPG, $3.38/gal)

$1,690/year

You save $1,197/year on fuel

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

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