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True Cost Insights

Toyota Camry vs Honda Accord: which costs less to own?

Camry Hybrid comes out cheaper in 19 of 20 ways the next 8 years could go — by about $40 a month. That’s at US average prices and 12,000 miles a year, as of Sep 7, 2026.

19 of 20 futuresCamry Hybrid costs less in 19 of 20 possible futures; Accord in 1.

Each mark is one way the next 8 years could go.

Make it yours ↓Your state and habits change it.
  • Live source

    Weekly retail gasoline prices by state and region

    U.S. Energy Information Administration

    Data as of Sep 7, 2026.

    Weekly average for the state where EIA reports one, otherwise for its region.

  • Research source

    2026 Toyota Camry starting price

    Edmunds

    Checked Sep 14, 2026.

    LE, $29,600 plus $1,450 destination. Dealers may charge more or less; type your own price for a better answer.

  • Research source

    2026 Honda Accord starting price

    Kelley Blue Book

    Checked Sep 14, 2026.

    LX, including destination. Dealers may charge more or less; type your own price for a better answer.

Cars you’re comparing

  • 2026 Toyota Camry Hybrid

    46 city / 46 hwy mpg

    Buy new for about $31,100 · maker’s starting price

  • 2026 Honda Accord

    28 city / 36 hwy mpg

    Buy new for about $28,400 · maker’s starting price

Two questions

  1. How much do you drive in a year?
8 years

What would change the answer

  • If you drive under 3,500 miles a year, Accord comes out ahead.
  • If you can get Accord for under $25,000, it comes out ahead.

Why it comes out this way

Typical amounts over 8 years. Everything counts: the car losing value, gas or charging, insurance, repairs, taxes, and loan interest.

Pay now, then every month

CarUp frontA month, all-inTotal
Camry Hybrid$33,779$703$67,502
Accord$30,890$743$71,285

“A month, all-in” spreads every cost, including the value the car loses, over the months you keep it.

Where the money goes

The biggest difference is gas & charging: Camry Hybrid saves about $4,872 there.

  • Gas & charging

    Camry Hybrid: $10,350
    Accord: $15,222
  • Upkeep & repairs

    Camry Hybrid: $13,056
    Accord: $14,124
  • Insurance

    Camry Hybrid: $14,088
    Accord: $13,066
  • Loan interest

    Camry Hybrid: $5,832
    Accord: $5,325
  • Value lost

    Camry Hybrid: $19,684
    Accord: $19,311
  • Taxes & fees

    Camry Hybrid: $4,843
    Accord: $4,654
Show as a table
Cost Camry Hybrid Accord
Gas & charging$10,350$15,222
Upkeep & repairs$13,056$14,124
Insurance$14,088$13,066
Loan interest$5,832$5,325
Value lost$19,684$19,311
Taxes & fees$4,843$4,654

Year by year

Camry Hybrid earns back its extra up-front cost by year 1 in 20 of 20 futures.

Typical total cost so far, year by yearCamry Hybrid: $67,502 by year 8; Accord: $71,285 by year 8.$0$25k$50kTodayYr 2Yr 4Yr 6Yr 8AccordCamry Hybrid

Big repair risk, out of 100

About how many owners in 100 pay for a new battery within 8 years.

Fewer than 1 in 100: Camry Hybrid needs a new battery

What we assumed, and where it came from
Gas, regular
$4.16 a gallon

Live source

Weekly retail gasoline prices by state and region

U.S. Energy Information Administration

Data as of Sep 7, 2026.

Weekly average for the state where EIA reports one, otherwise for its region.

Premium and diesel
$5.17 and $5.97

Live source

National average fuel prices

U.S. Department of Energy (fueleconomy.gov)

Data as of Sep 14, 2026.

Premium and diesel are priced from how they compare with regular nationally.

Insurance, state average
$1,704 a year

Research source

Auto Insurance Database Report (2023 data)

National Association of Insurance Commissioners

Checked Jan 1, 2023.

2023 state averages brought to today with the BLS insurance price index (×1.18).

Sales tax
7.00%

Research source

State and local sales tax rates, midyear 2026

Tax Foundation

Checked Jul 2026.

Combined state and average local rate; some states tax cars at a different rate.

Loan rate
8.1%; 5 years and 15% down are our typical terms

Live source

Average 60-month new car loan rate at commercial banks

Federal Reserve Board, via FRED

Data as of May 2026.

Average 60-month new car loan rate at banks, plus 1 point for a typical borrower.

Weather, for battery range in cold and heat
Monthly averages

Live source

Statewide monthly temperatures and heating/cooling degree days

NOAA National Centers for Environmental Information

Data as of Dec 2025.

Average temperature for each month over the last 10 years.

Car prices you didn’t type
Segment averages

Our estimate

Average transaction prices by segment, August 2026

Kelley Blue Book / Cox Automotive

Checked Aug 2026.

Average price paid for cars in the same segment, adjusted by powertrain. Type your own price for a better answer.

No federal clean vehicle credit is counted: it ended for cars bought after September 30, 2025. Internal Revenue Service, checked Sep 14, 2026. State and utility rebates vary; add one where the tool asks.

Every number the model uses, with its source, is on the math page.

For the curious: all the numbers

We play out 1,000 futures. Each draws its own gas and electricity prices, miles, repair bills, insurance, and resale prices, and every car lives through the same ones. The 20 dots on the answer card are evenly spaced picks from those futures.

Total cost over 8 years
OptionA good caseTypicalA bad casePer mile
Camry Hybrid$60,463$67,502$75,780$0.70
Accord$63,808$71,285$80,157$0.74

What moves the gap most

The unknowns whose ups and downs most change which option comes out ahead. A good or bad case is 1 future in 10 at that end.

  • How much you actually drivesome
  • Future gas pricesa little
  • Your insurance ratesa little
  • Used-car prices when you sella little
  • Used EV prices when you sella little

Try other assumptions

Each change replays every future. Watch which coins move.

Paying for it
What if prices jump?

What goes into it

Typical cost of each part over 8 years, at US average prices
CostCamry HybridAccord
Starting price$31,100$28,400
Value lost$19,684$19,311
Gas & charging$10,350$15,222
Insurance$14,088$13,066
Upkeep & repairs$13,056$14,124
Taxes & fees$4,843$4,654
Loan interest$5,832$5,325
All-in, each month$703$743
Where the money goes over 8 yearsCamry Hybrid: $67,853 in all (Value lost $19,684, Gas & charging $10,350, Insurance $14,088, Upkeep & repairs $13,056, Taxes & fees $4,843, Loan interest $5,832). Accord: $71,703 in all (Value lost $19,311, Gas & charging $15,222, Insurance $13,066, Upkeep & repairs $14,124, Taxes & fees $4,654, Loan interest $5,325).Camry Hybrid$67,853Accord$71,703
Each bar stacks the typical costs in the table, one color per cost. Money back at the end is left out of the bars.

Questions people ask

Which costs more up front, the Camry Hybrid or the Accord?

The Camry Hybrid starts at about $31,000 and the Accord at about $28,000 before tax and fees. Camry Hybrid costs $2,900 more up front, once tax, fees, and financing are in.

How long does the Camry Hybrid take to pay for itself?

Camry Hybrid earns back its extra up-front cost by year 1 in 20 of 20 futures.

Which uses less fuel, the Camry Hybrid or the Accord?

The EPA rates the 2026 Camry Hybrid at 46 city / 46 hwy mpg and the 2026 Accord at 28 city / 36 hwy mpg. At 12,000 miles a year, fuel comes to about $10,350 versus $15,222 over 8 years.

What would change the answer?

If you drive under 3,500 miles a year, Accord comes out ahead. If you can get Accord for under $25,000, it comes out ahead.

How sure is this?

We ran 1,000 possible futures of prices, repairs, and resale over 8 years. In 8 of 10, the result falls between Camry Hybrid $1,000 cheaper and Camry Hybrid $6,800 cheaper. In the middle one, Camry Hybrid comes out $3,700 cheaper.