Tesla Model 3 Premium RWD vs Honda Accord LX (gas): 5-year cost to own in Indiana

Q: Is the Tesla Model 3 Premium RWD or the Honda Accord LX (gas) cheaper to own over 5 years in Indiana?

The Honda Accord LX (gas) stays the cheaper car to own — about $37,579 vs $54,704 for the Tesla Model 3 Premium RWD, a $17,125 difference over 5 years.

Q: How much more does the Tesla Model 3 Premium RWD cost to buy than the Honda Accord LX (gas)?

The Tesla Model 3 Premium RWD starts at $42,490 — $14,490 more than the Honda Accord LX (gas) ($28,000). Over 5 years the ownership gap is $17,125 in favor of the Honda Accord LX (gas).

Q: Which costs less per mile — the Tesla Model 3 Premium RWD or the Honda Accord LX (gas)?

The Honda Accord LX (gas): $0.63 vs $0.91 per mile all-in ($626 vs $912 per month) in Indiana.

By the EVCostIQ research desk · reviewed against our public methodology · every source dated on this page

As of July 1, 2026, over 5 years in Indiana, the Honda Accord LX (gas) stays the cheaper car to own — about $37,579 vs $54,704 for the Tesla Model 3 Premium RWD, a $17,125 difference over 5 years. Indiana's electricity (17.9¢/kWh, 5% below the U.S. average) and $3.22/gal gas are fed straight into both totals. The expired federal $7,500 EV credit is not applied to either total.

Cheaper to own over 5 years · IndianaHonda Accord LX (gas) · $37,579 total · $17,125 less than the Tesla Model 3 Premium RWD

Tesla Model 3 Premium RWD vs Honda Accord LX (gas) — where the money goes

5-year total cost of ownership by component, by vehicle (USD). Estimates; sources dated in the methodology.
Cost component	Electric · Tesla Model 3 Premium	Gas · Honda Accord LX
Depreciation (estimated)	$24,644 (45%)	$10,640 (28%)
Charging / fuel	$3,966 (7%)	$6,030 (16%)
↳ of which charging loss	12% (~$476)	—
Maintenance	$3,660 (7%)	$5,100 (14%)
Insurance	$13,750 (25%)	$11,000 (29%)
Financing interest	$7,427 (14%)	$4,702 (13%)
Registration & fees	$1,257 (2%)	$107 (0%)
Total cost of ownership	$54,704	$37,579

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.

When does the Tesla Model 3 Premium RWD win?

Even at 30,000+ mi/yr or a 15-year hold, the Honda Accord LX (gas) stays cheaper here — its lower price and slower depreciation dominate. The Tesla Model 3 Premium RWD is the pick mainly for reasons beyond 5-year cost (performance, emissions, HOV access, home-charging convenience).

Tesla Model 3 Premium RWD vs Honda Accord LX (gas), side by side

Electric

Tesla Model 3 Premium RWD

5-yr total cost: $54,704
Cost / month: $912
Cost / mile: $0.91
MSRP: $42,490
Powertrain: Electric
Efficiency: 25 kWh/100mi

Gas Lower 5-yr cost

Honda Accord LX (gas)

5-yr total cost: $37,579
Cost / month: $626
Cost / mile: $0.63
MSRP: $28,000
Powertrain: Gas
Efficiency: 32 mpg

Indiana electricity: 17.9¢/kWh EIA
Gas price (Indiana): $3.22/gal AAA

Change the miles, your state & either car

Full cost breakdowns

← Tesla Model 3 Premium RWD vs Honda Accord LX (gas) (U.S. average)

FAQ

Is the Tesla Model 3 Premium RWD or the Honda Accord LX (gas) cheaper to own over 5 years in Indiana?

The Honda Accord LX (gas) stays the cheaper car to own — about $37,579 vs $54,704 for the Tesla Model 3 Premium RWD, a $17,125 difference over 5 years.

When does the Tesla Model 3 Premium RWD become cheaper than the Honda Accord LX (gas)?

How much more does the Tesla Model 3 Premium RWD cost to buy than the Honda Accord LX (gas)?

The Tesla Model 3 Premium RWD starts at $42,490 — $14,490 more than the Honda Accord LX (gas) ($28,000). Over 5 years the ownership gap is $17,125 in favor of the Honda Accord LX (gas).

Which costs less per mile — the Tesla Model 3 Premium RWD or the Honda Accord LX (gas)?

The Honda Accord LX (gas): $0.63 vs $0.91 per mile all-in ($626 vs $912 per month) in Indiana.