EVCostIQ

The EV cost intelligence platform

Chevrolet Equinox EV LT vs Toyota RAV4 LE (gas): 5-year cost to own in North Dakota

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 North Dakota, the Toyota RAV4 LE (gas) stays the cheaper car to own — about $40,087 vs $48,564 for the Chevrolet Equinox EV LT, a $8,477 difference over 5 years. North Dakota's electricity (12.3¢/kWh, 34% below the U.S. average) and $3.66/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 · North DakotaToyota RAV4 LE (gas) · $40,087 total · $8,477 less than the Chevrolet Equinox EV LT

Chevrolet Equinox EV LT vs Toyota RAV4 LE (gas) — where the money goes

5-year total cost of ownership by component, by vehicle (USD). Estimates; sources dated in the methodology.
Cost componentElectric · Chevrolet Equinox EV LTGas · Toyota RAV4 LE
Depreciation (estimated)$20,997 (43%)$10,800 (27%)
Charging / fuel$3,175 (7%)$7,324 (18%)
↳ of which charging loss12% (~$381)—
Maintenance$3,660 (8%)$5,520 (14%)
Insurance$13,750 (28%)$11,000 (27%)
Financing interest$6,017 (12%)$5,078 (13%)
Registration & fees$965 (2%)$365 (1%)
Total cost of ownership$48,564$40,087

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 Chevrolet Equinox EV LT win?

The Chevrolet Equinox EV LT pulls ahead of the Toyota RAV4 LE (gas) if you drive more than about 29,000 mi/yr at North Dakota rates. Cheaper home charging, or a state with low electricity and pricey gas, flips it sooner.

Chevrolet Equinox EV LT vs Toyota RAV4 LE (gas), side by side

Electric

Chevrolet Equinox EV LT

5-yr total cost
$48,564
Cost / month
$809
Cost / mile
$0.81
MSRP
$34,995
Powertrain
Electric
Efficiency
29 kWh/100mi
Gas Lower 5-yr cost

Toyota RAV4 LE (gas)

5-yr total cost
$40,087
Cost / month
$668
Cost / mile
$0.67
MSRP
$30,000
Powertrain
Gas
Efficiency
30 mpg
North Dakota electricity
12.3¢/kWh EIA
Gas price (North Dakota)
$3.66/gal AAA

Change the miles, your state & either car

Full cost breakdowns

← Chevrolet Equinox EV LT vs Toyota RAV4 LE (gas) (U.S. average)

FAQ

Is the Chevrolet Equinox EV LT or the Toyota RAV4 LE (gas) cheaper to own over 5 years in North Dakota?

The Toyota RAV4 LE (gas) stays the cheaper car to own — about $40,087 vs $48,564 for the Chevrolet Equinox EV LT, a $8,477 difference over 5 years.

When does the Chevrolet Equinox EV LT become cheaper than the Toyota RAV4 LE (gas)?

The Chevrolet Equinox EV LT pulls ahead of the Toyota RAV4 LE (gas) if you drive more than about 29,000 mi/yr at North Dakota rates. Cheaper home charging, or a state with low electricity and pricey gas, flips it sooner.

How much more does the Chevrolet Equinox EV LT cost to buy than the Toyota RAV4 LE (gas)?

The Chevrolet Equinox EV LT starts at $34,995 — $4,995 more than the Toyota RAV4 LE (gas) ($30,000). Over 5 years the ownership gap is $8,477 in favor of the Toyota RAV4 LE (gas).

Which costs less per mile — the Chevrolet Equinox EV LT or the Toyota RAV4 LE (gas)?

The Toyota RAV4 LE (gas): $0.67 vs $0.81 per mile all-in ($668 vs $809 per month) in North Dakota.