2021 head-to-head · Small SUV

2021 Tesla Model Y vs Volvo XC40

MPG, range and what each one really costs you to fuel, from official EPA ratings and recalculated with your own gas and electricity prices.

Swap sides
✓ Cheaper to run
$702/ year to fuel
129 MPGe
✓ Cheaper to run
$1,788/ year to fuel
26 MPG

The 2021 Tesla Model Y is the cheaper one to run. Driving 15,000 miles a year with 18¢/kWh electricity and $3.10/gal regular gas, it costs about $702 a year to fuel (129 MPGe), versus $1,788 for the 2021 Volvo XC40 (26 MPG). That's roughly $1,086 a year, or about $5,432 over five years.

Your numbers

Change these to match your driving and local prices. Every figure and chart on this page updates.

Fuel cost over 10 years

  • Tesla Model Y
  • Volvo XC40

Side by side

Tesla Model YVolvo XC40
$702 Your annual fuel cost $1,788
129 MPGe Combined efficiency 26 MPG
140 MPGe City 23 MPG
119 MPGe Highway 32 MPG
26 kWh Electricity use (kWh/100 mi) —
244 mi Driving range —
— Passenger volume 98 cu ft
— Cargo volume 25 cu ft
0 g/mi Tailpipe CO₂ (g/mi) 340 g/mi
10/10 EPA fuel economy score 5/10
10/10 EPA greenhouse gas score 5/10
8 hrs Charge time at 240V —
Electric Powertrain Gas
Electricity Fuel Regular gasoline
Electric motor (209 kW) Engine / motor 2.0L 4-cyl turbo
Single-speed Transmission 8-speed automatic
RWD Drivetrain FWD

✓ marks the better value. EPA scores run 1–10 (10 is best). Volumes come from the EPA interior volume index and aren't published for every body style.

Tesla Model Y vs Volvo XC40 across model years

  • Tesla Model Y
  • Volvo XC40

Annual fuel cost of the most efficient configuration of each model year, at your prices. Click a point to open that year.

How they differ

Among 92 2021 small SUVs, the Tesla Model Y ranks 1st and the Volvo XC40 44th for lowest fuel cost.

Because the Tesla Model Y is fully electric, it has no tailpipe emissions and its running cost depends almost entirely on your electricity rate. Cheap overnight home charging widens its advantage over the Volvo XC40; relying on DC fast chargers can erase it.

Frequently asked questions

Which is more fuel-efficient, the 2021 Tesla Model Y or the 2021 Volvo XC40?

Measured by cost to drive, the Tesla Model Y. The Tesla Model Y is rated 129 MPGe combined and the Volvo XC40 26 MPG (EPA, most efficient configuration of each).

How much does it cost to fuel the 2021 Tesla Model Y vs. the Volvo XC40 per year?

At 15,000 miles a year with 18¢/kWh electricity and $3.10/gal regular gas, about $702 for the Tesla Model Y and $1,788 for the Volvo XC40.

Tesla Model Y vs Volvo XC40 in other years

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