24 MPG combined is an acceptable, if unremarkable, fuel economy figure for the 2024 Ford Mustang Performance Package 2.3L 4-cylinder. This isn’t a hybrid, nor is it a minivan; it’s a Mustang, a car bought for its style, performance, and connection to a storied American automotive legacy. The fact that its turbocharged four-cylinder manages nearly 25 MPG while delivering a healthy dose of power isn’t a disappointment, it’s a feature of modern engine technology.

City and highway performance

The EPA estimates for the 2024 Mustang Performance Package 2.3L reveal a split personality reflected in its 21 MPG city and 29 MPG highway ratings. Drivers will see the lower city number reflecting the stop-and-go traffic, idling at lights, and the temptation to dip into the throttle repeatedly, activities Mustangs are prone to whether driven by younger enthusiasts or more seasoned drivers reliving their younger days. The higher highway figure showcases the efficiency of the turbocharged engine at steady speeds, making this Mustang surprisingly capable on longer road trips. Its 15.5 gallon fuel tank translates into over 400 miles of highway range. Someone comparing MUSTANG MPG across all years might be surprised how much better this modern EcoBoost is compared to older, larger V8 models.

Annual fuel cost

According to the EPA, the annual fuel cost for the 2024 Ford Mustang Performance Package 2.3L is estimated at $1,800. This figure is calculated based on driving 15,000 miles per year using the EPA’s fuel economy estimates and the national average fuel price. Individual fuel costs may vary depending on driving habits and local fuel prices, but this estimate provides a useful benchmark for comparing the running costs of different vehicles. For example, someone with a lead foot, or who only drives in stop-and-go city traffic, can easily exceed $1,800 per year.

Real-world expectations

While the EPA estimates provide a standardized benchmark, the real-world MPG of the 2024 Mustang Performance Package 2.3L will vary based on driving style, road conditions, and maintenance. Drivers who prioritize fuel efficiency and adopt a smooth driving style can expect to achieve figures closer to the EPA estimates, and perhaps even exceed them on long highway journeys. However, those who frequently engage in spirited driving or spend most of their time in heavy traffic will likely see lower MPG numbers.

Factors such as tire pressure, vehicle load, and even the use of air conditioning can affect fuel economy.

How it compares

The 2024 Ford Mustang Performance Package 2.3L occupies an interesting space in terms of fuel economy. Its main rival, the Chevrolet Camaro, sees similar numbers, with the 2.0L turbo Camaro rated by the EPA at 22 MPG combined. The Toyota GR86, similarly positioned as an affordable sports coupe, manages 25 MPG combined. These differences, while noticeable, are unlikely to be the deciding factor for most buyers in this segment because performance and styling are important to buyers.

Comparing these figures to larger, more powerful sports cars like the Mustang GT (around 18 MPG combined) highlights the EcoBoost’s relative efficiency.

Tips to maximize efficiency

The 2.3L EcoBoost engine responds well to a smooth, consistent driving style. Avoid aggressive acceleration and braking, and maintain a steady speed on the highway to improve fuel economy. Every time you rapidly accelerate, the turbocharger engages and fuel consumption spikes.

Ensure tires are properly inflated. Underinflated tires increase rolling resistance, which negatively impacts fuel economy. Check your tire pressures regularly and inflate them to the recommended levels found on the door jamb placard.

Reduce unnecessary weight in the vehicle. Carrying extra cargo increases the amount of effort required to accelerate and maintain speed, which translates into lower MPG. Remove any items from the trunk or backseat that are not essential.

Consider using cruise control on the highway. Maintaining a consistent speed can help optimize fuel consumption. However, avoid using cruise control in hilly terrain, as this can sometimes lead to less efficient driving due to the transmission hunting for the right gear.

Follow the recommended maintenance schedule. Regular oil changes, air filter replacements, and spark plug replacements can help ensure that the engine is running efficiently. See all Ford fuel economy data and more information about the EcoBoost engine series.