GlenCalc

EV vs gas cost calculator

Use your own prices: home charging is usually far cheaper than public fast charging.

Your answer

Yearly savings with the EV$712.38
EV electricity per year$647.62
Gasoline per year$1,360.00
EV cost per mile5.4 ¢
Gas cost per mile11.3 ¢

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How we worked it out

Updated as you change the numbers.

  1. EV = miles ÷ mi per kWh × price ÷ (1 − losses). Gas = miles ÷ mpg × price.

Method and assumptions

Fuel only: purchase price, insurance, maintenance and incentives also differ.

Questions

How much does an EV save on 12,000 miles a year?

About $713 a year at 17¢/kWh against a 30 mpg car at $3.40 a gallon.

Sources

Method and figures checked on . Every worked answer on this page is covered by an automated test. Found a mistake? Tell us.

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