Fuel cost in New Mexico
In New Mexico, fueling a 2026 Honda CR-V costs about $2,000 a year, 10% below the 49-jurisdiction average of $2,230. It ranks #2 of 49 where 1 is the cheapest to fuel.
Regular gasoline averages $3.86/gal (Sep 2026; Gulf Coast region (EIA PADD 3) average — EIA publishes no New Mexico series). A Tesla Model Y costs about $640 a year to charge on New Mexico's residential electricity price of 16.1¢/kWh (Jul 2026), which is $1,360 less than the Honda CR-V.
Honda CR-V per year
$2,000/yr
#2 of 49
Regular gas
$3.86/gal
Sep 2026 · Gulf Coast region (EIA PADD 3)
Electricity
16.1¢/kWh
Jul 2026 · residential
Tesla Model Y to charge
$640/yr
$1,360 less than the Honda CR-V
Annual cost of six reference vehicles in New Mexico
Each vehicle is the 2026 configuration with the median EPA combined rating. Rank 1 is the cheapest to fuel; ranks come from the rounded costs. Percentages compare with the average of the jurisdictions ranked.
| Vehicle | Type | EPA combined | Per year | Per 100 mi | Rank | vs average |
|---|---|---|---|---|---|---|
| 2026 Honda CR-V Gas · 29 MPG | Gas | $2,000 | #2 of 49 | |||
| 2026 Toyota RAV4 Hybrid · 41 MPG | Hybrid | $1,420 | #2 of 49 | |||
| 2026 Toyota Camry Hybrid · 46 MPG | Hybrid | $1,250 | #2 of 49 | |||
| 2026 Ford F-150 Gas · 19 MPG | Gas | $3,070 | #2 of 49 | |||
| 2026 Chevrolet Silverado Gas · 17 MPG | Gas | $3,420 | #2 of 49 | |||
| 2026 Tesla Model Y Electric · 127 MPGe | Electric | $640 | #24 of 51 |
15,000 miles a year, residential electricity price for EVs (Jul 2026), gasoline Sep 2026.
EV vs gas in New Mexico
Same EPA size class (Small SUVs). In New Mexico, a 2026 Tesla Model Y costs about $640 a year to charge at home and a gas 2026 Honda CR-V about $2,000: the EV saves $1,360 a year, 68% less, at 15,000 miles a year. Across the 49 jurisdictions with a gas price the average saving is $1,490.
Gas Honda CR-V
$2,000/yr
Tesla Model Y (electric)
$640/yr
Saving per year
$1,360/yr
Home charging at the residential price; public fast charging would cost more. Try your own mileage and prices in the EV vs gas calculator.
Prices used in New Mexico
| Fuel | New Mexico | U.S. average | Period | Source |
|---|---|---|---|---|
| Regular gasoline | $3.86/gal | $4.36/gal | Sep 2026 | Gulf Coast region (EIA PADD 3) average — EIA publishes no New Mexico series |
| Midgrade gasoline | $4.36/gal | $4.96/gal | Sep 2026 | Gulf Coast region (EIA PADD 3) average — EIA publishes no New Mexico series |
| Premium gasoline | $4.71/gal | $5.36/gal | Sep 2026 | Gulf Coast region (EIA PADD 3) average — EIA publishes no New Mexico series |
| Diesel | $5.98/gal | $6.29/gal | Sep 2026 | Gulf Coast region (EIA PADD 3) average — EIA publishes no New Mexico diesel series |
| Residential electricity | 16.1¢/kWh | 18.3¢/kWh | Jul 2026 | New Mexico residential average (EIA) |
Prices are EIA monthly averages. Cars that need premium or diesel are priced at those lines.
New Mexico and its neighbors
For the 2026 Honda CR-V, New Mexico costs $2,000 a year; its neighbors range from $1,970 in Texas to $2,620 in Arizona.
New Mexico against the regions
New Mexico is in the West Census region: for the Honda CR-V it is $470 a year below the regional average of $2,470.
| Region | Honda CR-V | Tesla Model Y |
|---|---|---|
| New Mexico | $2,000 | $640 |
| Northeast region average | $2,240 | $1,070 |
| Midwest region average | $2,160 | $680 |
| South region average | $2,110 | $650 |
| West region average | $2,470 | $790 |
| All jurisdictions | $2,230 | $770 |
Regional figures are means of the rounded state costs, ranked jurisdictions only.
New Mexico fuel cost: questions
How much does it cost to fuel a car in New Mexico per year?
At 15,000 miles a year: Honda CR-V $2,000, Toyota RAV4 $1,420, Toyota Camry $1,250, Ford F-150 $3,070, Chevrolet Silverado $3,420, Tesla Model Y $640. These are the 2026 configurations with the median EPA rating, priced with New Mexico's dated EIA prices.
Why are fuel prices different in New Mexico?
Regional supply, taxes and fuel blends move gasoline prices, and each state's generation mix and rates move electricity prices. We apply EIA's published averages to the same cars, so the difference you see comes only from price. For New Mexico, the gasoline price is $3.86/gal (Gulf Coast region (EIA PADD 3) average — EIA publishes no New Mexico series, Sep 2026). Residential electricity is 16.1¢/kWh (Jul 2026).
How do you price premium gas and diesel in New Mexico?
Each car is priced at the fuel EPA lists for it. In New Mexico that is $4.71/gal for premium and $5.98/gal for diesel (Gulf Coast region (EIA PADD 3) average — EIA publishes no New Mexico diesel series), next to $3.86/gal for regular. The six reference vehicles run on regular gasoline or electricity.
Is the EV charging cost for home or public charging?
Home charging only. We use New Mexico's average residential electricity price, 16.1¢/kWh (Jul 2026). Public fast charging often costs more per kWh, so a driver who charges mostly away from home will pay more than shown. That is an assumption, not a measurement.
How were the six vehicles chosen?
They are a fixed list: Honda CR-V, Toyota RAV4 (hybrid), Toyota Camry (hybrid), Ford F-150, Chevrolet Silverado, and Tesla Model Y. For each we take the latest full model year (2026) and the configuration with the median EPA combined rating; see the state overview for the full rule.
How does New Mexico compare with its neighbors?
For the 2026 Honda CR-V, New Mexico costs $2,000 a year; its neighbors range from $1,970 (Texas) to $2,620 (Arizona).