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

Quick Answer

The Tesla Model 3 costs $861/month to own in Mississippi over 5 years. That's $13,219 more than a comparable Toyota RAV4.Annual charging cost: $436 vs $1,490 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$2,178$7,450
Maintenance$2,440$2,145
5-Year Total$51,634$38,415
Monthly Cost$861/mo$640/mo

Charging Costs in Mississippi

Home Charging (avg 12.1¢/kWh)

$436/year

$36/month

Gas Equivalent (30 MPG, $2.98/gal)

$1,490/year

You save $1,054/year on fuel

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

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