What it costs to charge a 2026 Tesla Model 3 in New Mexico
Short answer
Charging at home 1,000 miles a month at 15.2¢ per kWh. That's 4.0¢ a mile and $482 a year.
A full charge at home costs about $13.88, for 346 miles of EPA range.
New Mexico's average home electricity rate, September 2025 to August 2026 (EIA).
Change the version, miles or price
- Per year
- $482
- Per mile
- 4.0¢
- Over 5 years
- $2,408
- Full charge
- $13.88
Every 2026 Model 3 version in New Mexico
| Version | Drive | EPA rating | Per month | Full charge |
|---|---|---|---|---|
| Model 3 Standard RWD | RWD | 24.3 kWh/100 mi | $37 | $11.86321 mi |
| Model 3 Premium RWD | RWD | 24.6 kWh/100 mi | $37 | $13.57363 mi |
| Model 3 Premium AWD(used in headline figures) | AWD | 26.4 kWh/100 mi | $40 | $13.88346 mi |
| Model 3 Performance | AWD | 29.6 kWh/100 mi | $45 | $13.90309 mi |
| Model 3 Performance AWD | AWD | 30.2 kWh/100 mi | $46 | $14.41314 mi |
Model 3 vs. Toyota RAV4 in New Mexico
The Model 3 costs about $524 a year less to run here.
See the break-evenNew Mexico charges EVs no extra fee
New Mexico has no extra registration fee for electric cars. From January 2027 New Mexico will charge EVs $70 a year, rising to $90 by 2029.
For comparison, driven the same 1,000 miles a month here, the Toyota RAV4 (41 mpg) pays about $109 a year in state and federal gas tax.
EV fee: New Mexico state government, checked October 2026. Fuel tax: EIA, July 2026 (revised).
Electricity in New Mexico costs 5% more than a year ago
New Mexico's average home rate over the 12 months to August 2026 was 15.2¢ per kWh, 0.7¢ more than the 12 months before. It moves through the year: over those 12 months, from 14.1¢ in May 2026 to 16.5¢ in August 2026. At 1,000 miles a month, the Model 3 costs about $2 a month more to charge than in the 12 months before.
Show every monthly figure
EIA monthly retail sales data, residential customers.
New Mexico is about average to charge a Model 3
21st cheapest of the 50 states and DC, at 1,000 miles a month. See every state
Questions people ask
How much does it cost to charge a Tesla Model 3 in New Mexico?
About $40 a month for 1,000 miles, or $482 a year, for the 2026 Model 3 Premium AWD (26.4 kWh/100 mi) at 15.2¢ per kWh. That works out to 4.0¢ a mile.
Which Model 3 version is cheapest to charge?
The Model 3 Standard RWD (24.3 kWh/100 mi), at about $37 a month in New Mexico. The 2026 Model 3 comes in 5 EPA-rated versions.
How much does it cost to fully charge a Tesla Model 3 in New Mexico?
About $13.88 at home for the 2026 Model 3 Premium AWD, at 15.2¢ per kWh. That is the electricity drawn from the wall to drive its full EPA range of 346 miles (about 91 kWh), so it includes charging losses; a top-up from 20% to 80% costs roughly 60% of it.
Does New Mexico charge an extra fee for electric cars?
No. New Mexico has no extra registration fee for electric cars. From January 2027 New Mexico will charge EVs $70 a year, rising to $90 by 2029.
Is electricity getting more expensive in New Mexico?
Yes. New Mexico's average home rate over the 12 months to August 2026 was 15.2¢ per kWh, 0.7¢ more than the 12 months before. Source: EIA's monthly retail sales data.
Does this include energy lost while charging?
Yes. EPA measures an electric car's efficiency from the wall outlet, so the electricity lost while charging is already in the kWh per 100 miles figure.
Efficiency: U.S. EPA ratings for the 2026 model year. Gas prices: EIA weekly survey, week of November 9, 2026. Electricity: EIA average home rates, September 2025 to August 2026. Fuel taxes: EIA, July 2026 (revised). How we calculate