Shocking difference between what it costs a US driver to charge a Tesla monthly vs. using gas for a Honda Accord
Published on Oct 25, 2025 at 8:36 PM (UTC+4)
by Daisy Edwards
Last updated on Oct 22, 2025 at 3:45 PM (UTC+4)
Edited by
Amelia Jean Hershman-Jones
There’s a shocking difference between what it costs a US driver to charge a Tesla monthly compared to what it costs using gas for a Honda Accord, and the numbers don’t lie.
If you thought running an EV was just about saving the planet, think again, because it might actually be the best money-saving hack ever.
Charging at home can actually save drivers hundreds of dollars a year, but a lot of people need convincing.
Using a Honda Accord as a traditional combustion engine-powered car example, we can see that traditional gas-powered cars are costing a lot more at the fuel pump than we might have thought.
EXPLORE SBX CARS – Supercar auctions starting soon powered by Supercar Blondie
How much it costs to drive a Tesla vs. a Honda Accord
According to the Federal Highway Administration, a US driver of either an EV or a gas-powered car drives 1,123 miles per month on average.
Nasdaq decided that, using this as a basis, it was going to compare an EV, in the form of a Tesla, with the classic gas-powered car Honda Accord, and see how much it costs to charge or fill up with fuel respectively.
The study used the national average gas price of $3.19 per gallon and compared it to the cost of at-home charging.
A standard Honda Accord delivers around 32 miles per gallon, so to cover 1,123 miles in a month, you’d burn through about 35 gallons of fuel, which, at current prices, adds up to around $112 every month, or $1,344 a year.
Even if you step up to the Honda Accord Hybrid, which manages up to 48 miles per gallon, you’re still looking at $78 per month, which comes to about $936 a year.
Gas vs electric – the ongoing debate
When Nasdaq ran the numbers for Tesla models, the costs were dramatically lower than for the Honda Accord.
Take the Tesla Model 3 RWD, for example – driving the same 1,123 miles per month works out to about $49 in electricity costs, or roughly $588 over the course of a year.
Step up to the Tesla Model Y Long Range and the bill comes in only slightly higher, at around $54 a month, or $648 a year.
Even the much larger and less efficient Tesla Model X Dual Motor still only costs about $64 each month, which adds up to $768 annually.
Nasdaq notes these numbers are based on averages.
Charging at home is the cheapest way to run an EV for a US driver, while relying on public fast chargers could raise your costs.
Gas and electricity prices also vary by state, and your driving habits will make a difference, too.
In short, EVs aren’t just saving the planet, they’re saving your wallets too.
DISCOVER SBX CARS: The global premium car auction platform powered by Supercar Blondie
As a Content Writer since January 2025, Daisy’s focus is on writing stories on topics spanning the entirety of the website. As well as writing about EVs, the history of cars, tech, and celebrities, Daisy is always the first to pitch the seed of an idea to the audience editor team, who collab with her to transform it into a fully informative and engaging story.
