Tesla Model Y RWD vs Honda CR-V LX (gas): 5-year cost to own in New Jersey

Q: Is the Tesla Model Y RWD or the Honda CR-V LX (gas) cheaper to own over 5 years in New Jersey?

The Honda CR-V LX (gas) stays the cheaper car to own — about $40,749 vs $59,336 for the Tesla Model Y RWD, a $18,587 difference over 5 years.

Q: How much more does the Tesla Model Y RWD cost to buy than the Honda CR-V LX (gas)?

The Tesla Model Y RWD starts at $44,990 — $13,990 more than the Honda CR-V LX (gas) ($31,000). Over 5 years the ownership gap is $18,587 in favor of the Honda CR-V LX (gas).

Q: Which costs less per mile — the Tesla Model Y RWD or the Honda CR-V LX (gas)?

The Honda CR-V LX (gas): $0.68 vs $0.99 per mile all-in ($679 vs $989 per month) in New Jersey.

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 New Jersey, the Honda CR-V LX (gas) stays the cheaper car to own — about $40,749 vs $59,336 for the Tesla Model Y RWD, a $18,587 difference over 5 years. New Jersey's electricity (23.5¢/kWh, 25% above the U.S. average) and $3.87/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 · New JerseyHonda CR-V LX (gas) · $40,749 total · $18,587 less than the Tesla Model Y RWD

Tesla Model Y RWD vs Honda CR-V 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 Y RWD	Gas · Honda CR-V LX
Depreciation (estimated)	$26,544 (45%)	$11,470 (28%)
Charging / fuel	$5,840 (10%)	$7,738 (19%)
↳ of which charging loss	12% (~$701)	—
Maintenance	$3,660 (6%)	$4,980 (12%)
Insurance	$13,750 (23%)	$11,000 (27%)
Financing interest	$7,897 (13%)	$5,266 (13%)
Registration & fees	$1,645 (3%)	$295 (1%)
Total cost of ownership	$59,336	$40,749

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 Y RWD win?

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

Tesla Model Y RWD vs Honda CR-V LX (gas), side by side

Electric

Tesla Model Y RWD

5-yr total cost: $59,336
Cost / month: $989
Cost / mile: $0.99
MSRP: $44,990
Powertrain: Electric
Efficiency: 28 kWh/100mi

Gas Lower 5-yr cost

Honda CR-V LX (gas)

5-yr total cost: $40,749
Cost / month: $679
Cost / mile: $0.68
MSRP: $31,000
Powertrain: Gas
Efficiency: 30 mpg

New Jersey electricity: 23.5¢/kWh EIA
Gas price (New Jersey): $3.87/gal AAA

Change the miles, your state & either car

Full cost breakdowns

← Tesla Model Y RWD vs Honda CR-V LX (gas) (U.S. average)

FAQ

Is the Tesla Model Y RWD or the Honda CR-V LX (gas) cheaper to own over 5 years in New Jersey?

The Honda CR-V LX (gas) stays the cheaper car to own — about $40,749 vs $59,336 for the Tesla Model Y RWD, a $18,587 difference over 5 years.

When does the Tesla Model Y RWD become cheaper than the Honda CR-V LX (gas)?

How much more does the Tesla Model Y RWD cost to buy than the Honda CR-V LX (gas)?

The Tesla Model Y RWD starts at $44,990 — $13,990 more than the Honda CR-V LX (gas) ($31,000). Over 5 years the ownership gap is $18,587 in favor of the Honda CR-V LX (gas).

Which costs less per mile — the Tesla Model Y RWD or the Honda CR-V LX (gas)?

The Honda CR-V LX (gas): $0.68 vs $0.99 per mile all-in ($679 vs $989 per month) in New Jersey.