Cheapest EVs to Own (5-Year Ranking)
The 10 electric vehicles with the lowest real 5-year total cost of ownership in our database, ranked cheapest first.
#1 — 2026 Subaru Solterra
$35,2485-year estimate · $587/mo · Electric · real avg. price $36,348Full breakdown →#2 — 2026 Tesla Model 3
$35,9675-year estimate · $599/mo · Electric · real avg. price $42,994Full breakdown →#3 — 2026 Nissan Leaf
$36,3105-year estimate · $605/mo · Electric · real avg. price $37,540Full breakdown →#4 — 2026 Tesla Model Y
$38,8575-year estimate · $648/mo · Electric · real avg. price $48,990Full breakdown →#5 — 2026 Hyundai Ioniq 5
$40,2675-year estimate · $671/mo · Electric · real avg. price $45,008Full breakdown →#6 — 2026 Chevrolet Equinox EV
$41,2295-year estimate · $687/mo · Electric · real avg. price $46,195Full breakdown →#7 — 2026 Kia EV6
$41,5845-year estimate · $693/mo · Electric · real avg. price $47,325Full breakdown →#8 — 2026 Honda Prologue
$42,9875-year estimate · $716/mo · Electric · real avg. price $48,950Full breakdown →#9 — 2026 Chevrolet Blazer EV
$44,5835-year estimate · $743/mo · Electric · real avg. price $51,588Full breakdown →#10 — 2026 Ford Mustang Mach-E
$47,7005-year estimate · $795/mo · Electric · real avg. price $53,325Full breakdown →Ranked using real market pricing across our 152-vehicle database. See the full methodology on how these numbers are calculated.
See the full methodology →