Tesla Model 3 vs. Tesla Model Y: running cost
A Tesla Model 3 is cheaper to run: about $656 a year versus $729 for a Tesla Model Y at typical use and 17.99¢/kWh, a $73 difference.
| Tesla Model 3 | Tesla Model Y | |
|---|---|---|
| Typical watts | 7,200 W | 7,200 W |
| Watt range | 1,440–11,500 W | 1,440–11,500 W |
| Typical use | 37 miles a day | 37 miles a day |
| Energy per year | 3,649 kWh | 4,054 kWh |
| Cost per hour | $1.30 | $1.30 |
| Cost per day | $1.80 | $2.00 |
| Cost per month | $54.70 | $60.78 |
| Cost per year | $656 | $729 |
| Per year in Hawaii (43.51¢) | $1,588 | $1,764 |
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What drives the difference
- Tesla Model 3: The Model 3 is one of the most efficient EVs at about 0.24-0.26 kWh per mile from the battery, about 0.27 at the wall.
- Tesla Model Y: The Model Y uses about 0.27-0.29 kWh per mile from the battery, about 0.30 at the wall; the best-selling EV in the US.
Ways to cut either cost
Tesla Wall Connector
Charges at up to 11.5 kW with lower losses than a 120 V cord.
See options on Amazon Tesla Wall Connector
Efficient 240 V charging overnight.
See options on AmazonWe may earn a commission from qualifying purchases. It never changes the numbers we show. Disclosure.
Frequently asked questions
Which costs more to run, a Tesla Model 3 or a Tesla Model Y?
At typical use and the U.S. average rate (17.99¢/kWh), a Tesla Model Y costs about $729 a year versus $656 for a Tesla Model 3. That's $73 more.
How many watts do Tesla Model 3 and Tesla Model Y use?
A Tesla Model 3 typically draws 7,200 W (range 1,440–11,500 W). A Tesla Model Y draws 7,200 W (range 1,440–11,500 W). Watts alone don't decide cost. Hours of use, cycling and standby matter just as much.
Rates: EIA, 12 months ending 2026-07. Methodology.