EVCostIQ

The EV cost intelligence platform

Nissan Leaf SV+ vs Toyota Prius LE (hybrid): 5-year cost to own in Michigan

As of July 1, 2026, over 5 years in Michigan, the Toyota Prius LE (hybrid) stays the cheaper car to own — about $35,019 vs $47,389 for the Nissan Leaf SV+, a $12,370 difference over 5 years. Michigan's electricity (21.4¢/kWh, 14% above the U.S. average) and $4.08/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 · MichiganToyota Prius LE (hybrid) · $35,019 total · $12,370 less than the Nissan Leaf SV+

Nissan Leaf SV+ vs Toyota Prius LE (hybrid) — where the money goes

5-year total cost of ownership by component, by vehicle (USD). Estimates; sources dated in the methodology.
Cost componentElectric · Nissan Leaf SV+Hybrid · Toyota Prius LE
Depreciation (estimated)$17,728 (37%)$9,639 (28%)
Charging / fuel$5,688 (12%)$4,293 (12%)
↳ of which charging loss12% (~$683)
Maintenance$3,660 (8%)$4,320 (12%)
Insurance$13,750 (29%)$11,500 (33%)
Financing interest$4,728 (10%)$4,768 (14%)
Registration & fees$1,835 (4%)$500 (1%)
Total cost of ownership$47,389$35,019

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 Nissan Leaf SV+ win?

Even at 30,000+ mi/yr or a 15-year hold, the Toyota Prius LE (hybrid) stays cheaper here — its lower price and slower depreciation dominate. The Nissan Leaf SV+ is the pick mainly for reasons beyond 5-year cost (performance, emissions, HOV access, home-charging convenience).

Nissan Leaf SV+ vs Toyota Prius LE (hybrid), side by side

Electric

Nissan Leaf SV+

5-yr total cost
$47,389
Cost / month
$790
Cost / mile
$0.79
MSRP
$28,140
Powertrain
Electric
Efficiency
30 kWh/100mi
Hybrid Lower 5-yr cost

Toyota Prius LE (hybrid)

5-yr total cost
$35,019
Cost / month
$584
Cost / mile
$0.58
MSRP
$28,350
Powertrain
Hybrid
Efficiency
57 mpg
Michigan electricity
21.4¢/kWh EIA
Gas price (Michigan)
$4.08/gal AAA

Change the miles, your state & either car

Full cost breakdowns

← Nissan Leaf SV+ vs Toyota Prius LE (hybrid) (U.S. average)

FAQ

Is the Nissan Leaf SV+ or the Toyota Prius LE (hybrid) cheaper to own over 5 years in Michigan?

The Toyota Prius LE (hybrid) stays the cheaper car to own — about $35,019 vs $47,389 for the Nissan Leaf SV+, a $12,370 difference over 5 years.

When does the Nissan Leaf SV+ become cheaper than the Toyota Prius LE (hybrid)?

Even at 30,000+ mi/yr or a 15-year hold, the Toyota Prius LE (hybrid) stays cheaper here — its lower price and slower depreciation dominate. The Nissan Leaf SV+ is the pick mainly for reasons beyond 5-year cost (performance, emissions, HOV access, home-charging convenience).

How much more does the Nissan Leaf SV+ cost to buy than the Toyota Prius LE (hybrid)?

The Nissan Leaf SV+ starts at $28,140 — $210 less than the Toyota Prius LE (hybrid) ($28,350). Over 5 years the ownership gap is $12,370 in favor of the Toyota Prius LE (hybrid).

Which costs less per mile — the Nissan Leaf SV+ or the Toyota Prius LE (hybrid)?

The Toyota Prius LE (hybrid): $0.58 vs $0.79 per mile all-in ($584 vs $790 per month) in Michigan.