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EV vs Gas Cost Calculator

EV vs gas cost calculator: compare yearly fuel costs of an electric car and a gas car using your electricity rate and gas price.

Editorial review: Farrow (pseudonym; identity and professional credentials are not disclosed). This page is for educational purposes, not professional advice.

Your inputs

mi
MPG
$/gal
mi/kWh
¢/kWh

Results update as you type. Nothing you enter leaves your device.

Results

EV savings per year
$645
Gas car per year
$1,395
EV per year
$750
Gas cost per mile
$0.103
EV cost per mile
$0.056
Equivalent gas price
$1.67/gal

Example with the starting values

These results use the calculator's initial inputs. Change the values above to calculate your own estimate.

Inputs

Miles per year
13500 mi
Gas car fuel economy
30 MPG
Gas price
3.1 $/gal
EV efficiency
3.5 mi/kWh
Electricity price
17.5 ¢/kWh

Results

EV savings per year
$645
Gas car per year
$1,395
EV per year
$750
Gas cost per mile
$0.103
EV cost per mile
$0.056
Equivalent gas price
$1.67/gal

How does the EV vs Gas Cost Calculator work?

An EV vs gas comparison is a look at what it costs to power each car for the same miles, using electricity for the EV and gasoline for the gas car.

Gas car cost = miles ÷ MPG × gas price. EV cost = miles ÷ efficiency (miles per kWh) × electricity price ÷ charging efficiency (about 90% for home Level 2).

Typical EVs get 3 to 4 miles per kWh. Public DC fast charging often costs 40 to 60 cents per kWh, much more than charging at home.

For example, at 13,500 miles a year, $3.10 gas, 30 MPG, 3.5 miles per kWh and 17.5 cents per kWh, fuel costs about $1,395 for the gas car and home charging about $750 for the EV. The estimated $645 difference covers energy only, not vehicle price, insurance or maintenance.

Sources

Frequently asked questions

What is the average US electricity price?

Average residential electricity is around 17 to 18 cents per kWh. It varies from about 11 cents in some states to over 30 cents in California and Hawaii.

What about maintenance?

EVs usually cost less to maintain, with no oil changes and less brake wear, but tires can wear faster. This calculator compares energy costs only.

How much does it cost to charge an EV at home?

About $750 a year for 13,500 miles at 3.5 miles per kWh and 17.5 cents per kWh, or about 5.6 cents a mile, including 10% charging losses.

Is there still a federal EV tax credit?

No. The federal clean vehicle credits ended for vehicles acquired after September 30, 2025. Some states and utilities still offer rebates.

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