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

Quick Answer

The Tesla Model 3 costs $867/month to own in Iowa over 5 years. That's $13,139 more than a comparable Toyota RAV4.Annual charging cost: $490 vs $1,560 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$2,448$7,800
Maintenance$2,440$2,145
5-Year Total$52,014$38,875
Monthly Cost$867/mo$648/mo

Charging Costs in Iowa

Home Charging (avg 13.600000000000001¢/kWh)

$490/year

$41/month

Gas Equivalent (30 MPG, $3.12/gal)

$1,560/year

You save $1,070/year on fuel

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

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