Tesla Gas Savings Calculator


When it comes to electric vehicles, one of the most common questions is, “How much money will I save on gas with a Tesla?” With the price of gasoline constantly changing, here’s a Tesla Gas Savings Calculator to help you see just how much you could be saving by switching to a Tesla.

Driving a Tesla Will Save You:


$

By using this simple Tesla Gas Savings Calculator, you’re able to see how much money you will save per year with a Tesla.

This calculator takes into account:

  • How many miles you drive per year
  • Your current gas vehicle’s MPG
  • Gas prices in your area
  • Which Tesla you’re considering (some Tesla models are more energy efficient)
  • Average electricity price in your state (for Tesla charging costs)

How Much Will You Save on Gas With a Tesla?

On average, driving a Tesla will save you $1,219.86 per year in gas in the United States.

This is based on averages for the United States.

  • 14,263 miles driven per year (the average in the US)
  • 24.9 MPG (the average in the US)
  • $3.15 per gallon of gasoline (the average of 2011-2021 in the US)
  • Tesla Model 3 (the most popular Tesla model)
  • $0.1366 per kWh of electricity (the average in the US)

It starts to get interesting when you input your specific numbers into the calculator.

For example, if you drive a gas vehicle that only gets 16 MPG, your savings will increase to $2,223.53 per year, assuming you only drive the average of 14,263 miles per year.

To see how these savings can increase in specific scenarios, if you drive a diesel truck that gets 10 MPG, and you drive 24,000 miles per year, with the cost of diesel at $4.99 per gallon, your savings with a Tesla would be $10,992.48 per year.

» MORE: Does It Cost More to Insure a Tesla? [Real-Life Example]

Is Tesla Fuel Cheaper Than Gas?

Because Teslas are fully electric, they do not use any gasoline. When you consider the cost of electricity vs the cost of gasoline, you’ll quickly see that filling a Tesla with electricity is cheaper than gasoline.

Each Tesla has slightly different fuel efficiency and range. This means each Tesla model costs slightly different to charge up. Below is a comparison of each Tesla models cost to charge vs cost of gas equivalent:

Tesla Model 3: $11.20 full charge vs. $39.85 gas equivalent

Tesla Model Y: $11.20 full charge vs. $38.33 gas equivalent

Tesla Model S: $13.66 full charge vs. $44.02 gas equivalent

Tesla Model X: $13.66 full charge vs. $39.34 gas equivalent

*The above comparison is assuming the US average gas equivalent of 24.9 MPG and $3.15 per gallon of gas.

» MORE: Are Tesla Vehicles Able to Use Gas?

Gas vs Electric Car Cost Per Mile

In the US, the average Tesla costs $0.04 per mile vs $0.13 per mile for gas cars.

The above comparison is assuming the US average gas equivalent of 24.9 MPG and $3.15 per gallon of gas.

Some Tesla models are more efficient than others. Here’s a comparison the cost per mile for each Tesla model:

Tesla Model 3: $0.036 per mile

Tesla Model Y: $0.037 per mile

Tesla Model S: $0.039 per mile

Tesla Model X: $0.044 per mile

How Much Do You Save on Gas With a Tesla Model S?

On average, driving a Tesla Model S will save you $1,161.41 per year in gas in the United States.

This is based on averages for the United States.

  • 14,263 miles driven per year (the average in the US)
  • 24.9 MPG (the average in the US)
  • $3.15 per gallon of gasoline (the average of 2011-2021 in the US)
  • $0.1366 per kWh of electricity (the average in the US)

» MORE: How Long Does It Take to Charge a Tesla?

How Much Do You Save on Gas With a Tesla Model 3?

On average, driving a Tesla Model 3 will save you $1,219.86 per year in gas in the United States.

This is based on averages for the United States.

  • 14,263 miles driven per year (the average in the US)
  • 24.9 MPG (the average in the US)
  • $3.15 per gallon of gasoline (the average of 2011-2021 in the US)
  • $0.1366 per kWh of electricity (the average in the US)

How Much Do You Save on Gas With a Tesla Model X?

On average, driving a Tesla Model X will save you $1,083.47 per year in gas in the United States.

This is based on averages for the United States.

  • 14,263 miles driven per year (the average in the US)
  • 24.9 MPG (the average in the US)
  • $3.15 per gallon of gasoline (the average of 2011-2021 in the US)
  • $0.1366 per kWh of electricity (the average in the US)

» MORE: What Is the Difference Between Tesla Models?

How Much Do You Save on Gas With a Tesla Model Y?

On average, driving a Tesla Model Y will save you $1,217.91 per year in gas in the United States.

This is based on averages for the United States.

  • 14,263 miles driven per year (the average in the US)
  • 24.9 MPG (the average in the US)
  • $3.15 per gallon of gasoline (the average of 2011-2021 in the US)
  • $0.1366 per kWh of electricity (the average in the US)

Greg Gottfried

The articles here on ThatTeslaChannel.com are created by Greg Gottfried, a Tesla vehicle and Tesla solar expert with nearly half a decade of hands-on experience. Being a Tesla owner allows Greg to fact-check information and personally try new scenarios out before publishing an article explaining the process.

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