18 MPG combined, that’s the fuel economy for the 2023 Chevrolet Silverado 2WD with the 5.3L V8. It’s not a great number, but it’s also not unexpected for a full-size, light-duty pickup truck designed to haul, tow, and handle tough jobs. Understanding that 18 MPG depends on knowing who typically buys this specific Silverado configuration and why.

City and highway performance

The EPA breaks down that 18 MPG combined rating into 16 MPG in the city and 20 MPG on the highway. The city number reflects the stop-and-go driving where the Silverado’s weight and engine displacement work against it. Highway fuel economy is better because the 10-speed automatic transmission allows the engine to cruise at lower RPMs, reducing fuel consumption at steady speeds. The 20 MPG highway figure is achievable primarily with an empty bed. Adding passengers or payload will significantly reduce this number.

Annual fuel cost

The EPA estimates an annual fuel cost of $2,450 for the 2023 Chevrolet Silverado 2WD 5.3L V8. This figure is based on driving 15,000 miles per year and using national average fuel prices. Where you live, how you drive, and fluctuating gas prices will affect the ultimate price you pay at the pump. This $2,450 figure is a yardstick to easily compare this truck’s fuel consumption to other vehicles. For example, towing regularly or driving aggressively will push that number up.

Real-world expectations

Variations from the EPA estimates are to be expected in real-world driving. The Silverado 2WD 5.3L is frequently purchased by small business owners, contractors, and homeowners who need the utility of a truck bed for work or projects. Their daily use often involves a mix of city and highway driving, sometimes with loads in the bed or a trailer attached. Hauling heavy loads drastically reduces fuel economy. A driver who frequently tows can expect to see their MPG drop well below the EPA estimates. Someone who uses the truck primarily for commuting on the highway, without any load, might see slightly better fuel economy. The advertised MPG is a guideline, not a guarantee.

How it compares

The Silverado’s fuel economy is similar to its main competitors, but there are nuances. The 2023 Ford F-150 2WD with the 2.7L EcoBoost V6 is rated at 20 MPG combined. The Ram 1500 2WD with the 5.7L Hemi V8 offers similar fuel economy to the Silverado. The GMC Sierra, which is mechanically very similar to the Silverado, shares the same 18 MPG combined when configured with the 5.3L V8 and 2WD. These differences, while relatively small, can influence a purchase decision for buyers carefully weighing the cost of ownership. Buyers should also consult all Chevrolet fuel economy data to see if the Silverado is the right brand choice.

Within the Silverado lineup itself, there are other considerations. 4WD models will reduce fuel economy. Different engine options, such as the smaller turbocharged four-cylinder or the larger 6.2L V8, also have varied MPG ratings. Potential buyers should review SILVERADO MPG across all years to see how the 2WD 5.3L V8 compares to other trims or model years.

Tips to maximize efficiency

Smooth acceleration and braking will impact fuel economy. Avoid aggressive starts and hard braking, as these actions waste fuel. Anticipate traffic flow and maintain a consistent speed whenever possible.

Proper tire inflation is critical. Check your tire pressure regularly and ensure it matches the recommended levels on the tire placard. Under-inflated tires create more rolling resistance, reducing fuel efficiency.

Reduce unnecessary weight. Carrying extra cargo in the bed increases fuel consumption. Remove any tools, equipment, or other items that are not needed for your current trip.

Consider using cruise control on the highway. Maintaining a steady speed helps optimize fuel efficiency. Make sure the terrain is suitable for cruise control to avoid excessive shifting, which negates some of the fuel savings.

Use the Silverado’s drive mode selector wisely. Some trims offer a “Tour” mode, which is designed to optimize fuel economy during normal driving conditions. Experiment with different modes to see what works best for your driving style and the road conditions.