EV vs Gas Cost Comparison
Compare the total cost of owning an electric vehicle vs a gas car. Includes fuel, maintenance, and purchase price over time.
Annual Fuel Savings (EV)
$1,063.00
Inputs
miles
$
mpg
$/gal
$
Comparison
Gas — Annual Fuel
$1,500.00
EV — Annual Electricity
$437.00
Total Annual Savings
$1,663.00
Lifetime Savings
$16,632.00
Break-Even Point
6
Total Cost of Ownership
Annual Cost Breakdown
How to Use This Calculator
- Enter your estimated Annual Miles to set the usage baseline.
- Input the Gas Car Price and Gas MPG for the conventional vehicle being compared.
- Set the current Gas Price per gallon and the EV Price for the electric vehicle.
- Adjust EV Efficiency (kWh/100mi) and your Electricity Rate ($/kWh) under advanced settings.
- Set the Ownership Period in years to calculate lifetime savings.
- Review Annual Fuel Savings, Lifetime Savings, and the Break-Even Point showing when the EV pays off.
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