This is the staggering difference in costs to charge a Tesla monthly compared to gas for a Toyota Yaris

It’s no secret that there is a huge shift towards EVs in the auto industry, with many drivers opting for vehicles such as Tesla.

From running costs to environmental factors, there are many reasons why people choose electric powertrains over gas ones.

But now the difference in the true charging and gas cost has been revealed between a Toyota Yaris and a Tesla.

And, the result may make you think twice about your next motor purchase

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EVs are the new favorite of many gearheads

Electric cars are now part of everyday life thanks to the huge rise in popularity over the last decade, and arguably the biggest reason aiding that shift is the cost of charging.

Owning a car comes with many additional costs, aside from purchasing it in the first instance.

From road tax to maintenance, things can cost a small fortune, and the price of gas jumps to the top of the list, so for many, an EV is a more cost-effective car to purchase.

So, to settle one huge debate, the experts over at Go Banking Rates did the all-important ground work and really figured out the difference in charging an EV versus filling up a tank of gas over the course of a month.

The battle of the Ts – Toyota Yaris vs Tesla Models

The experts calculated the cost of running both vehicles on the basis of covering 15,000 miles per year, or in other terms, 40 miles per day.

So, commuters, listen up – we have you covered, and you could save money.

Using Tesla’s very own charging calculator, the costs were revealed, and if you’re covering around 40 miles per day, you won’t be paying above $64.83 to charge up your EV.

Let’s break it down.

Owners of a Model 3 can expect to pay $49.92, Model Y and Model S owners will spend $54.48, and to keep the Model X topped up, you will be spending $64.83.

Of course, the price of electricity in your state and neighborhood plays a role too, so watch out for that.

But, overall, for the cost of a meal out, you can get your car powered up to the max.

Now comes the gas cost, and a word of warning: this may hurt your bank account.

Toyota is a brand known for reliability and value for money, but how much does it really cost to fill up a Toyota Yaris?

Well, the experts used a calculator courtesy of Edmunds, and due to the province they used, it was estimated that driving both in the city and on the highway in the Pennsylvania area, you would be looking at spending $113 on gas each month, achieving 36 miles per gallon.

Compared with charging, that’s a stark difference.

We should state here that this, of course, varies from area to area, with North Dakota coming in at around $102, but nevertheless, it’s still much cheaper to charge a Tesla than fill up a Toyota Yaris.

Tesla innovations by year

2008: First Roadster delivery marks Tesla’s entry into mass EV production
2012: Model S premieres with revolutionary long-range battery tech
2014: Autopilot hardware introduced in all new Tesla vehicles
2016: Model X becomes the first electric SUV with Falcon-wing doors
2017: Semi and Roadster 2.0 revealed – shockwaves across automotive industry
2019: Cybertruck announcement draws global attention
2022: Tesla introduces Full Self-Driving (Beta) to a wider audience
2025: Rumored launch for Tesla’s next-gen Roadster is set for next year

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