All comparisonsCost of ownership comparison

Chevrolet Silverado 1500 vs Ram 1500

The Chevrolet Silverado 1500 and Ram 1500 are the two most hotly contested full-size pickups in America, together accounting for nearly 40% of all truck sales. Both offer V8 power, strong towing, and long-term utility, but they diverge meaningfully on ride quality, tech features, and long-term ownership costs — making the choice genuinely consequential for your wallet over five years.

Lower cost to own: Ram 1500

The 2022 Ram 1500 edges out the Silverado on depreciation, slightly better fuel economy from its standard eTorque mild-hybrid system, and lower average repair costs per industry data, producing a modestly lower five-year cost of ownership despite a similar purchase price.

2022 Chevrolet Silverado 1500

~$36,000 used
True monthly cost$987/mo
5-year total$59,220
Ownership Score71/100
Depreciation$448/mo
Insurance$182/mo
Fuel / energy$245/mo
Maintenance & repairs$112/mo
  • Strong dealer network keeps maintenance costs competitive
  • Proven 5.3L V8 with decades of reliability data
  • High resale value in work-truck and fleet segments
  • No standard mild-hybrid system means slightly higher fuel costs than Ram
  • Interior quality lags Ram in higher trims, affecting resale
  • Infotainment reliability complaints increase repair frequency slightly

2022 Ram 1500

Winner
~$35,000 used
True monthly cost$951/mo
5-year total$57,060
Ownership Score76/100
Depreciation$418/mo
Insurance$178/mo
Fuel / energy$231/mo
Maintenance & repairs$124/mo
  • Standard eTorque mild-hybrid improves real-world mpg by 1-2 mpg
  • Best-in-class coil rear suspension reduces wear on roads and cargo
  • Strong residual values especially in Limited and Laramie trims
  • ZF 8-speed transmission has had documented software and torque-converter issues
  • Slightly higher average repair cost per RepairPal data when issues occur
  • More complex electronics increase dealer-only repair dependency

Category by category

Reliability
The Silverado's simpler drivetrain architecture and longer-proven engine tuning gives it a marginal reliability edge per Consumer Reports and RepairPal frequency scores.
Chevrolet Silverado 1500
Fuel / energy cost
Ram's standard eTorque mild-hybrid on V6 and V8 trims delivers an EPA-estimated 20 city/26 hwy vs Silverado's 17/23 on the base 5.3L, saving roughly $170/year at average US gas prices.
Ram 1500
Resale value
Ram 1500 retains approximately 58-60% of MSRP after five years vs the Silverado's 55-57%, per Black Book and Edmunds residual data for 2022 models.
Ram 1500
Insurance
National average annual insurance premiums run roughly $50 less per year for the Ram 1500 versus the Silverado 1500 across major carriers per Insurify 2023 data.
Ram 1500
Maintenance
Silverado's oil change intervals, readily available parts, and simpler suspension design keep routine maintenance costs about $95/year lower than the Ram over five years.
Chevrolet Silverado 1500
Practicality
Both trucks offer nearly identical bed dimensions, towing capacity around 11,000-12,000 lbs, and crew cab legroom, making them functionally equivalent for most buyers.
Tie

The verdict

Over five years and 60,000 miles, the Ram 1500 saves approximately $2,160 in total cost of ownership versus the Silverado 1500, driven primarily by better depreciation and fuel economy. However, the Silverado closes the gap with lower maintenance costs and arguably better long-term mechanical simplicity. If you haul heavy loads daily or need budget-friendly repairs anywhere in the country, the Silverado is a worthy choice — but for most commuter-plus-weekend-hauler buyers, the Ram 1500 delivers more refinement and slightly better financial return.

Chevrolet Silverado 1500: The 2022 Silverado 1500 is ideal for buyers who prioritize proven mechanical simplicity, lower maintenance costs, and a massive nationwide service network — especially fleet buyers or those in rural areas.

Ram 1500: The 2022 Ram 1500 is the better pick for daily-driver buyers who value a more refined interior, a smoother ride from the coil-spring suspension, and marginally better fuel economy over 60,000 miles.

Frequently asked questions

Which is more reliable, the 2022 Silverado 1500 or Ram 1500?

Both score similarly in owner surveys, but the Silverado earns a slight edge in Consumer Reports predicted reliability due to fewer transmission-related complaints versus the Ram's ZF 8-speed torque converter issues reported in some 2022 builds.

Does the Ram 1500 really get better gas mileage than the Silverado?

Yes — Ram's standard eTorque mild-hybrid system adds regenerative braking energy to the V8, giving it a meaningful mpg advantage of roughly 2-3 mpg in real-world driving, which adds up to $700-$900 in fuel savings over five years at current prices.

Which truck holds its value better after 5 years?

The 2022 Ram 1500 retains slightly better resale value — roughly 58-60% of original MSRP at 5 years — compared to the Silverado at 55-57%, based on current used-market pricing trends from Edmunds and Black Book.

Is insurance cheaper on a Silverado or Ram 1500?

Insurance is modestly cheaper on the Ram 1500, running roughly $2,130-$2,160 per year nationally versus $2,180-$2,220 for the Silverado, though your specific rate will depend heavily on your ZIP code, driving history, and chosen trim.

Which is cheaper to maintain over 5 years, the Silverado or Ram?

The Silverado 1500 is cheaper to maintain by roughly $95-$110 per year due to its simpler rear suspension, widely available OEM parts, and slightly lower labor times for common services like brake jobs and fluid changes.