What is the average electricity cost to charge an EV?

EV Charging vs Gas Cost Calculator

Calculate annual fuel cost savings of driving an Electric Vehicle (EV) versus a gasoline car. Compare cost per mile, 5-year, and 10-year cumulative savings instantly.

Driving & Fuel Comparison Inputs

Estimated Annual Distance (Miles / Km)

Electric Vehicle (EV) Metrics

EV Efficiency (kWh/100 mi)

Electricity Rate ($/kWh)

Gasoline Car Metrics

Fuel Economy (MPG)

Gasoline Price ($/gallon)

Estimated Net Fuel Savings with EV

$0.00 / year

You save 0.0% on fuel costs per year driving EV.

5-Year Net Savings:$0

10-Year Net Savings:$0

⚡ EV Annual Cost

$0.000 per mile

⛽ Gas Annual Cost

$0.000 per mile

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How to Use EV Charging vs Gas Cost Calculator

To compare electric vehicle charging expenses against gasoline costs, enter your estimated annual driving mileage. Specify your EV's energy efficiency (kWh per 100 miles) and your home electricity rate per kilowatt-hour. Then enter your gas vehicle's MPG rating and current gas price per gallon. The calculator instantly evaluates fuel costs per mile, annual expenditure differences, and cumulative 5-year and 10-year savings.

EV Charging vs Gas Cost Calculator Formula / How It Works

The EV Cost Calculator computes total annual electricity consumption by dividing annual miles by 100 and multiplying by the kWh efficiency factor. That result is multiplied by your local electric utility rate. Gas expenditure is calculated by dividing annual miles by MPG and multiplying by gasoline price. The tool then calculates net savings, percentage reductions, and cost per mile metrics instantly client-side.

Formula:EV Annual Cost = (Miles / 100) x kWh/100mi x Electricity Rate. Gas Annual Cost = (Miles / MPG) x Gas Price. Net Savings = Gas Cost - EV Cost.

Frequently Asked Questions

In the United States, average residential electricity costs around $0.16 per kWh, making a full charge for a 60 kWh battery cost roughly $9.60 for ~200-250 miles of range.

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