2026 Tesla Model 3 Standard RWD: home charging cost in New Jersey

At New Jersey's residential electricity rate of 23.65¢/kWh, a 2026 Tesla Model 3 Standard RWD (rated 24.3 kWh per 100 miles by the EPA) costs $5.75 to drive 100 miles on home charging, against $16.02 for the same distance in a car averaging 25.5 mpg on gasoline at $4.085/gallon. Charging at home is much cheaper than gas here: 64.1% less than gas per mile, here specifically.

Annual cost, at 15 thousands miles a year

Driving 15,000 miles a year — fueleconomy.gov's own default assumption — a 2026 Tesla Model 3 Standard RWD charged at home in New Jersey costs about $862/year in electricity, against about $2,403/year for the gas-car comparison. That's a savings of about $1,541 a year.

What one full charge costs

A 2026 Tesla Model 3 Standard RWD needs roughly 78 kWh to reach its EPA-rated 321-mile range, which runs about $18.45 at 23.65¢/kWh in New Jersey.

How this compares nationally

This combination ranks 8,232 of 20,400 state/model pairs for cost savings against gas (1 is cheapest). The Tesla Model 3 Standard RWD alone ranks 2 of 400 models for efficiency; New Jersey alone ranks 40 of 51 states for electricity price.

Before you install a home charger in New Jersey

The numbers above assume Level 2 home charging is already in place — the electrical work behind that is a real, separate cost that varies by panel, wiring, and local labor rates, not something this page's per-mile math includes.

Get quotes from local electricians for Level 2 charger installation in New Jersey before deciding.

Where these figures come from

The methodology guide names the exact EIA and EPA tables behind this page's numbers. Curious how New Jersey's 23.65¢/kWh compares? The guide to charging cost by state ranks every state side by side.