EV True Cost

Tesla Model Y vs Tesla Model 3: cost to own in Alaska

Electricity & gas updated · Alaska averages (estimates)

Over five years in Alaska, the 2026 Tesla Model Y costs about $46,351 to own versus $43,658 for the Tesla Model 3 — a gap of roughly $2,700 in the Tesla Model 3's favor. The biggest swing is depreciation ($26,094 vs $24,219); on energy, the Model Y is rated 28 kWh/100mi against the Model 3's 25. Both use Alaska's average electricity rate here — open either model's Alaska page for the full calculator and your utility's time-of-use plan.

Over 5 years in Alaska, the Tesla Model 3 costs about $2,700 less to own.

Tesla Model Y

$46,400

5-yr cost to own · $9,270/yr

Tesla Model 3

$43,700

5-yr cost to own · $8,730/yr

5-year cost breakdown

5-year cost Tesla Model Y Tesla Model 3
Depreciation (5 yr) $26,094 $24,219
Energy (5 yr) $5,307 $4,739
Insurance (5 yr) $11,200 $11,200
Maintenance (5 yr) $3,250 $3,000
Registration (5 yr) $500 $500
Incentives − $0 − $0
5-year total cost to own $46,351 $43,658

Frequently asked questions

Is the Model Y or the Model 3 cheaper to own in Alaska?
Over five years the Tesla Model 3 is cheaper — about $43,658 versus $46,351 for the Model Y, a difference of roughly $2,700 once depreciation, energy, insurance, maintenance, and fees are counted.
Which is more efficient, the Model Y or the Model 3?
The Model Y is rated 28 kWh/100mi and the Model 3 25 kWh/100mi (lower is better), so annual charging runs about $1,061 vs $948 at Alaska rates.
How accurate is this Model Y vs Model 3 comparison?
Electricity prices come from EIA data refreshed monthly; depreciation, insurance, and incentives are estimates you can edit on each model's state page. Treat it as a ballpark for comparison, not a quote.

Model Y vs Model 3 in other states

Other comparisons in Alaska