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

Quick Answer

The Tesla Model 3 costs $895/month to own in Connecticut over 5 years. That's $13,515 more than a comparable Toyota RAV4.Annual charging cost: $785 vs $1,780 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$3,924$8,900
Maintenance$2,440$2,145
5-Year Total$53,710$40,195
Monthly Cost$895/mo$670/mo

Charging Costs in Connecticut

Home Charging (avg 21.8¢/kWh)

$785/year

$65/month

Gas Equivalent (30 MPG, $3.56/gal)

$1,780/year

You save $995/year on fuel

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

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