DETROIT – Thinking of making the switch to an electric vehicle (EV)? It’s the more environmentally friendly option, but does it actually save money ?

Tesla sells the two top-selling EVs, the Model Y and the Model 3, according to U.S. News. The gas-powered Chevrolet Equinox was the third top-selling 2025 SUV, U.S. News reported. Here’s a comparison of the costs to charge a Tesla versus the cost to fill up a Chevrolet Equinox with gas.

The Federal Highway Administration reported that drivers in the United States average about 1,133 miles per month, and the Model Y has a range of 357, per Tesla’s website . So it’d need to be charged about three times a month, which would cost drivers about $33 to charge at home.

How Much Does It Cost To Charge a Tesla at a Charging Station

See Full Page