Not running big kms. I ran a 4.7V8 Landcruiser for a few months when my D4d Hilux blew up. Monthly fuel bill was a couple of grand. Now running the same year landcruiser with a 1HZ, fuel costs are consistently half of what the V8 was costing me. I do all of my servicing myself and get filters/oil at cost prices, so those costs are irrelevant. Even with road mileage, still cheaper to run the diesel.
Rimfire, you should be able to find a set of 31's for under a grand if you shop around. My latest set of 33's on the landcruiser only cost me $1200.
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