Tesla Model S Long Range (electric) cost to own in Connecticut — the true 5-year total
The Tesla Model S Long Range (electric) starts at $84,990. As of July 1, 2026, over 5 years, owning one (EV) costs about $95,880 in Connecticut — $1,598/month, $1.60/mile — including depreciation, charging (with the ~12% AC charging loss most calculators ignore), maintenance, insurance, financing and fees. That's $38,810 less than a comparable Land Rover Range Rover P400 SE over the same 5 years. Connecticut's electricity (32.2¢/kWh) is 71% above the U.S. average, and gas runs $3.95/gal here — both fed straight into the numbers above. The federal $7,500 EV credit expired Sept 30, 2025 and is not applied.
Connecticut EV incentive: CHEAPR (CT Hydrogen and Electric Automobile Purchase Rebate) — Standard new BEV — up to $1,000 (income / price caps may apply). Shown for reference; not included in the total above. Source: CT DEEP
Tesla Model S Long Range (electric) · Connecticut · 5-year estimate$95,880 total · $1,598/mo · $1.60/mi
Where the money goes
| Cost component | Electric · Tesla Model S Long | Gas · Land Rover Range Rover |
|---|---|---|
| Depreciation (estimated) | $52,779 (55%) | $69,906 (52%) |
| Charging / fuel | $8,001 (8%) | $13,180 (10%) |
| ↳ of which charging loss | 12% (~$960) | — |
| Maintenance | $3,480 (4%) | $9,480 (7%) |
| Insurance | $16,000 (17%) | $21,180 (16%) |
| Financing interest | $15,420 (16%) | $20,744 (15%) |
| Registration & fees | $200 (0%) | $200 (0%) |
| Total cost of ownership | $95,880 | $134,690 |
The charging-loss row is the ~10–15% of electricity lost to AC charging that you pay for but never reaches the battery — we include it; most calculators don't.
Tesla Model S Long Range (electric) specs & assumptions
- Starting MSRP
- $84,990manufacturer base
- Powertrain
- Electric
- Efficiency
- 28 kWh/100miEPA
- Range
- 405 miEPA
- Connecticut electricity
- 32.2¢/kWhEIA
- Annual miles (assumed)
- 12,000adjustable in tool
Compare the Tesla Model S Long Range (electric) against any car, your miles & your state
What else moves your Tesla Model S Long Range (electric) cost
The 5-year total already folds in depreciation, charging, insurance, maintenance and financing. Here's how the biggest levers work — and the ones that sit outside the total.
- Financing. Borrow the full $84,990 at a typical 7.2% new-car APR over 60 months and interest alone adds about $16,466. Lower the APR or add a down payment in the calculator and the total drops — financing is in the 5-year figure above.
- Insurance. This model averages about $3,200/yr to insure — roughly $1,000/yr more than a comparable gas car ($2,200/yr), as EV parts and repairs tend to cost more — our own estimate, calibrated to Insurify/Bankrate 2026, and already in the total above.
- Home charger. A Level 2 home charger is a one-time $500–$2,000 installed (depends on your panel and wiring) — not in the total above, but it pays back fast versus public fast-charging.
- Tires. EVs are heavier and make instant torque, so tires can wear ~20% faster — a real running cost most comparisons skip. We fold a higher maintenance rate for EVs into the total.
- Where you charge. Public DC fast-charging can cost 2–3× your home rate. The total assumes 80% home charging; if you can't charge at home, lower that share in the calculator to see the real cost.
Tesla Model S Long Range (electric) battery — replacement cost & lifespan
Most EVs never need a battery replacement inside the 8-year / 100,000-mile warranty, so this is not in the 5-year total above — but it's the cost buyers worry about most, so here it is transparently.
- Out-of-warranty replacement
- $11,000–$18,000estimate
- Battery warranty
- 8 yr / 100,000 mimanufacturer
- Typical lifespan
- ~15 yrindustry est.
Cost to charge the Tesla Model S Long Range (electric) at home
A full charge of the Tesla Model S Long Range (electric) costs about $37, and it runs about $10.26 per 100 mi at home — versus about $13.18 for a typical 30 mpg gas car. Home charging only (the ~12% AC charging loss is included); public DC fast-charging is billed per session by each network — often 2–3× the home rate — and isn't in these figures.
- Full charge (100 kWh usable)
- $37pack ÷ (1 − 12% loss) × $0.32/kWh
- Per 100 mi at home
- $10.2628 kWh/100mi + 12% charging loss × $0.32/kWh
- A typical 30 mpg gas car
- $13.18/100miat $3.95/gal — for comparison
Recalls & reliability record — Model S
Official U.S. National Highway Traffic Safety Administration (NHTSA) safety record for the Model S, MY 2017–2025. Figures cover all powertrains and trims sold under the Model S nameplate for the model years shown. A recall means a free remedy is available at no cost. Source: NHTSA (nhtsa.gov), data as of .
Recalls (31)
- Back Over Prevention
Tesla has released an over-the-air (OTA) software update, free of charge.
- Air Bags
Tesla service will inspect and install an air bag with the correct horn pad as necessary, free of charge.
- Back Over Prevention
Tesla released an over-the-air (OTA) software update, free of charge.
- Air Bags
Tesla service will replace the air bag assembly, free of charge.
- Latches/Locks/LinkagesOTA fix
Tesla has released an over-the-air (OTA) software update, free of charge.
- Seat BeltsOTA fix
Tesla will release an over-the-air (OTA) software update.
- Forward Collision AvoidanceOTA fix
Tesla released an over-the-air (OTA) software update, release 2023.44.30.14, free of charge.
- Electrical SystemOTA fix
Tesla began releasing an over-the-air (OTA) software update, free of charge.
Full recall history: every Model S campaign → — all 31 campaigns, grouped by year.
Consumer complaints
NHTSA has 310 consumer complaints on file for the Model S (MY 2017–2025). The most-reported areas: Forward Collision Avoidance, Steering, Electrical System. Complaints are unverified reports submitted by consumers to NHTSA.
Tesla Model S Long Range (electric) head-to-head comparisons
The 5-year cost gap against the cars buyers cross-shop:
← Tesla Model S Long Range (electric) cost (U.S. average)