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EV vs Gas Cost Calculator

Compare EV charging cost against gasoline per mile.

Inputs

Inputs and assumptions

Nameplate watts for EV vs Gas Cost Calculator.

How many of this device you run.

Hours per day

Fridges run 7; laundry may run 2-3.

Compressors and thermostats cycle; a fridge averages ~40%.

Rate

Result

Cost per year
$49.64
Energy per year
292 kWh
Share of average US home
2.8%
Cost per running hour
$0.068
Cost per day
$0.14
Energy per day
0.8 kWh
Cost per month
$4.08
Screening tool. Verify your utility tariff and equipment specs before deciding.

Frequently asked questions

How do I compare EV vs gas per mile?

EV cost per mile equals electricity rate divided by efficiency in miles per kWh. Gas equals pump price divided by mpg.

What efficiency should I assume?

EVs average 3 to 4 miles per kWh; gas cars 25 to 30 mpg. Use EPA ratings for your models.

Does public charging change the math?

Fast charging at 40 to 60 cents per kWh can match gas cost. Home charging decides the savings.

What about maintenance?

EVs skip oil and brake wear, saving roughly half a cent to a cent per mile on top of fuel.

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