Electric vs Gas Cost Calculator

Almost always. The average EV costs about $0.04/mile in electricity vs $0.12-0.15/mile for gas. Over 15,000 miles/year, that's roughly $600 for an EV vs $1,800-2,250 for gas — saving $1,200-1,650 annually.

At the US average of $0.14/kWh, a typical EV using 30 kWh/100 miles costs about $4.20 per 100 miles. A full charge (60-80 kWh battery) costs $8.40-$11.20 for 200-270 miles of range.

This calculator compares fuel/energy costs only. EVs typically cost $5,000-15,000 more upfront but save $1,000-2,000/year in fuel plus lower maintenance costs. Break-even typically occurs within 3-7 years.