EV Home Charging Cost Calculator
Calculate daily, monthly, and annual EV home charging costs. Compare to equivalent gas prices and see the impact on your electric bill.
Inputs
Results
Monthly Cost
$47.35
≈ 9 cups of coffee
Annual Cost
$567.72
≈ 6 nice dinners out
How to Use This Calculator
- Enter your average Daily Miles Driven.
- Set the EV Efficiency in mi/kWh (check your vehicle specs or onboard display).
- Enter your home Electricity Rate in $/kWh — find this on your utility bill.
- Set Charging Efficiency (%) — Level 2 chargers are typically 90% efficient.
- Review Daily kWh from Grid, Monthly Cost, Annual Cost, and the Equivalent Gas Price for comparison.
How the result changes with EV Efficiency
| EV Efficiency | Monthly Cost | Annual Cost |
|---|---|---|
| 1.6 | $103.60 | $1,242.24 |
| 3.1 | $53.44 | $640.79 |
| 4.9 | $33.84 | $405.73 |
| 6.4 | $25.91 | $310.69 |
What each input means
- Daily Miles Driven
- Average miles driven per day.
- EV Efficiency
- Your EV's efficiency rating in miles per kWh.
- Electricity Rate
- Your utility rate per kWh. Check your bill; consider off-peak EV rates.
- Charging Efficiency
- Level 2 is ~90% efficient; Level 1 is ~85%. Some energy is lost as heat.
What each result means
- Daily kWh from Grid
- Total kWh drawn from the grid including charging losses.
- Monthly Cost
- Monthly electricity cost for EV charging.
- Annual Cost
- Yearly electricity cost for EV charging.
- Equivalent Gas Price
- What gas would cost per gallon at a 30 MPG equivalent.
- Monthly kWh Added
- Additional kWh on your monthly electricity bill.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersDaily Miles Driven = 35, EV Efficiency = 3.5, Electricity Rate = 0.14, Charging Efficiency = 90 = 4 input(s) provided
- Calculate Monthly CostMonthly Cost47.35 = $47.35
- Calculate Annual CostAnnual Cost567.72 = $567.72
- Calculate Daily kWh from GridDaily kWh from Grid11.11 = 11.11
- Calculate Equivalent Gas PriceEquivalent Gas Price1.33 = $1.33
Engine last updated . Checked against 1 independently-derived test — how we verify calculators.
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