Typical Cost of Charging a 2024 Tesla Model S
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It typically costs $700 a year to charge a 2024 Tesla Model S, or about $58.33 a month. That is the U.S. Environmental Protection Agency's estimate for 15,000 miles of driving a year, at 107 MPGe combined: 111 in the city and 103 on the highway.
This covers electricity only. Insurance, maintenance, tires, registration and loan payments are separate costs, and what you pay at the charger depends on local prices and how you drive.
Annual charging cost
$700
a year, 15,000 miles
A month
$58.33
$700 ÷ 12
Every 100 miles
$4.67
$700 ÷ 15,000 × 100
Across the versions of the 2024 Tesla Model S
EPA rates 3 versions of this model, which differ by trim, engine or drivetrain. The typical figure is the median of them.
Cheapest version
$600a year
Typical version
$700a year
Costliest version
$800a year
Efficiency and range of the 2024 Tesla Model S
EPA ratings for a typical version. MPGe is miles per gallon equivalent: the distance covered on the electricity that holds the energy of a gallon of gasoline.
Combined
107MPGe
City
111MPGe
Highway
103MPGe
Range on a full charge: 359 miles.
Where it sits among 2024 models
Each tick is the annual fuel cost of one of the 302 vehicles of model year 2024 on this site. The 2024 Tesla Model S is the 6th cheapest to charge. Over five years EPA estimates it saves $8,500 in fuel compared with the average new vehicle.
What this figure is
It is EPA's own annual cost estimate, the kind printed on a new car's window sticker. It assumes 15,000 miles a year, 55% of them in the city and 45% on the highway, at the national electricity prices EPA uses, which it revises from time to time.
To estimate your own cost, scale it by your mileage: someone who drives 10,000 miles a year would pay about two thirds of the figure. Electricity prices where you charge move it too. The efficiency ratings come from EPA's standard laboratory tests.
Common questions
How much does it cost to charge a 2024 Tesla Model S for a year?
- EPA estimates $700 a year for a typical version, assuming 15,000 miles of driving and EPA's fuel prices. Across its 3 versions the estimate runs from $600 to $800.
How much does it cost to charge a 2024 Tesla Model S per month?
- About $58.33 a month: EPA's annual estimate of $700 divided by 12. That works out to $4.67 for every 100 miles.
How efficient is a 2024 Tesla Model S?
- A typical version is rated at 107 MPGe combined: 111 in the city and 103 on the highway. Its versions range from 96 to 122 MPGe combined.
What is the range of a 2024 Tesla Model S?
- A typical version goes 359 miles on a full charge by EPA's rating. Its versions range from 320 to 402 miles.
Is a 2024 Tesla Model S cheap to charge compared with other new cars?
- Over five years EPA estimates a typical version saves $8,500 in fuel compared with the average new vehicle.
Source
U.S. Environmental Protection Agency and U.S. Department of Energy, Fuel Economy Data
Ratings for model year 2024. Retrieved on October 6, 2026.
fueleconomy.gov dataSource: U.S. Department of Energy and U.S. Environmental Protection Agency, fueleconomy.gov vehicle data. Annual fuel cost is EPA's estimate for 15,000 miles a year (55% city, 45% highway) at the fuel prices EPA assumes; your cost depends on how and where you drive.
Other model years
Other 2024 Tesla models
Annual fuel cost for a typical version of each.