Toyota RAV4 Prime (PHEV): cost to run
Plug-in hybrid · SUV · All-Wheel Drive · EPA model year 2024
The Toyota RAV4 Prime (PHEV) (2024) is rated at 38 MPG by the EPA and costs about $1,650 a year in fuel (EPA estimate, 15,000 mi/yr). That is roughly 9¢ per mile at June 2026 EIA prices, or $89 to drive 1,000 miles. Tailpipe CO2 is 72 g/mi. OwnRate's transparent 5-year cost-to-own estimate is about $36,670. It ranks #30 of 70 models for lowest running cost.
Source: EPA / DOE FuelEconomy.gov vehicle data. Data as of June 2026.
Toyota RAV4 Prime (PHEV) key figures
| Metric | Toyota RAV4 Prime (PHEV) |
|---|---|
| Powertrain | Plug-in hybrid |
| Model year (latest EPA data) | 2024 |
| Body / class | SUV (Small Sport Utility Vehicle 4WD) |
| Combined fuel economy (EPA) | 38 MPG |
| Electricity use (charge-depleting) | 36 kWh / 100 mi |
| EPA total range | 600 miles |
| EPA estimated annual fuel cost | $1,650 / year |
| Estimated 5-year fuel cost (EPA basis) | $8,250 |
| Cost to drive 1,000 miles (at EIA prices) | $89 |
| Cost per mile (at EIA prices) | 9¢ |
| Tailpipe CO2 | 72 g/mi |
| Cheapest-to-run rank (1 = lowest of 70) | #30 |
Source: EPA / DOE FuelEconomy.gov vehicle data (2023–2027 model years); EIA prices (June 2026). Data as of June 2026.
Sources: EPA/DOE FuelEconomy.gov · EIA gasoline · EIA electricity. EPA fuel cost assumes 15,000 mi/yr. Verify before relying on it.
What it costs to run the Toyota RAV4 Prime (PHEV)
The EPA's estimated annual fuel cost for the Toyota RAV4 Prime (PHEV) is $1,650, which is what appears on the window sticker. Using June 2026 EIA national-average prices ($3.40/gal for gasoline and $0.18/kWh for electricity) and 15,000 miles a year, OwnRate estimates about $1,342 a year, or roughly 9¢ per mile. As a plug-in hybrid, the figure above is the gasoline-only case; if you charge regularly and drive mostly within the electric range, your real cost will be lower.
Estimated 5-year cost to own the Toyota RAV4 Prime (PHEV)
Running cost is only part of ownership. Below is OwnRate's transparent 5-year estimate. The fuel/energy line uses the EPA's published annual fuel cost ($1,650 × 5). The maintenance, insurance and depreciation lines are documented assumptions by body type and powertrain — not model-specific quotes — so treat the total as a ballpark, not a price. See the methodology for the exact assumptions.
| Cost line (5 years) | Estimate |
|---|---|
| Fuel / energy (EPA 5-yr) | $8,250 |
| Maintenance & repairs (est.) | $4,420 |
| Insurance (est.) | $8,000 |
| Depreciation (est.) | $16,000 |
| Estimated 5-year cost to own | $36,670 |
Source: EPA fuel cost + OwnRate documented ownership assumptions. Data as of June 2026.
Estimate only. Depreciation, insurance and maintenance vary widely by trim, location, driver and market. Use the cost-to-own calculator to adjust the inputs.
Similar vehicles by running cost
The Toyota RAV4 Prime (PHEV) compared with peers in the same category, nearest on EPA annual fuel cost:
| Vehicle | Type | Efficiency | EPA fuel / yr | ¢/mile |
|---|---|---|---|---|
| Toyota RAV4 Prime (PHEV) (this vehicle) | Plug-in hybrid | 38 MPG | $1,650 | 9¢ |
| Hyundai Tucson Hybrid | Hybrid | 38 MPG | $1,650 | 9¢ |
| Toyota RAV4 Hybrid | Hybrid | 38 MPG | $1,650 | 9¢ |
| Honda CR-V Hybrid | Hybrid | 40 MPG | $1,550 | 9¢ |
| Kia Sportage Hybrid | Hybrid | 41 MPG | $1,500 | 8¢ |
| Nissan Rogue | Gas | 31 MPG | $2,000 | 11¢ |
Frequently asked questions
How much does the Toyota RAV4 Prime (PHEV) cost to run per year?
The EPA estimates the Toyota RAV4 Prime (PHEV) (2024) costs about $1,650 per year in fuel, based on 15,000 miles a year at the EPA's reference prices. At June 2026 EIA prices, OwnRate's own estimate is roughly $1,342 per year, or about 9¢ per mile. It ranks #30 of 70 models tracked for lowest running cost. Estimate — verify on FuelEconomy.gov.
What is the Toyota RAV4 Prime (PHEV)'s MPG?
The Toyota RAV4 Prime (PHEV) (2024) gets an EPA combined 38 MPG. Among non-electric models tracked here it ranks #11 of 51 by combined MPG. As a plug-in hybrid it can also drive on electricity (about 36 kWh/100 mi), so real-world cost is lower if you charge regularly.
How much does it cost to drive the Toyota RAV4 Prime (PHEV) 1,000 miles?
At June 2026 EIA average prices ($3.40/gal gasoline, $0.18/kWh electricity), driving the Toyota RAV4 Prime (PHEV) 1,000 miles costs about $89 in fuel — roughly 9¢ per mile. Use the fuel-cost calculator to plug in your own price and mileage.
What is the 5-year cost to own a Toyota RAV4 Prime (PHEV)?
OwnRate estimates the Toyota RAV4 Prime (PHEV) at about $36,670 over 5 years: $8,250 fuel/energy (EPA basis), plus illustrative $4,420 maintenance, $8,000 insurance and $16,000 depreciation. Only the fuel figure is EPA data; the rest are documented assumptions, not model-specific quotes — see the methodology.
Keep exploring
Sources & accuracy
Fuel economy, EPA annual fuel cost, electric range and CO2: EPA/DOE FuelEconomy.gov (US public domain, 2023–2027 model years). Fuel prices: EIA (June 2026). The 5-year cost-to-own combines the EPA fuel cost with OwnRate's documented ownership assumptions (see methodology) and is an estimate only — not financial advice. Verify with the primary sources and a dealer before buying.
Last updated: 2026-06-20