EV Charging Cost Calculator

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EV vs Gas Cost Calculator

Which is actually cheaper to run? Put an EV and a petrol car on the same mileage and the same local prices and see the difference per month and per year.

Electricity: EIA Form 861M, June 2026Petrol: EIA weekly, week ending 2026-09-07DC fast charging: $0.47/kWh (network average)Rates updated: June 2026

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$69.19 / month

Cheapest option: Tesla Model Y Long Range RWD

Monthly Cost Comparison
Tesla Model Y Long Range RWD Lowest$69.19/mo
Toyota Corolla $125.77/mo
VehicleTypeMonthYearPer mile
Tesla Model Y Long Range RWDBattery electric$69.19$830.30$0.069
Toyota CorollaPetrol$125.77$1,509.22$0.126
Tesla Model Y Long Range RWD costs about $56.58/month ($678.92/year) less to run than Toyota Corolla at 1,000 miles/month.
How this is worked outmonthly cost = miles ÷ efficiency × price × (1 + charging loss) miles = 1,000 home rate = $0.1942/kWh (80% of charging) public DC rate = $0.4700/kWh (20%) charging loss = 10%

What is included — and what is not

This is a running-cost comparison: energy and fuel only. Purchase price, finance, insurance, maintenance, depreciation, tax and incentives are all excluded, because mixing them into a monthly fuel figure is how comparisons end up misleading.

Frequently asked questions

Is an EV always cheaper to run?

Almost always on home charging, and it depends on your local electricity price versus petrol. Public fast charging narrows the gap a lot.

What is included in the comparison?

Energy and fuel cost only. Purchase price, insurance, maintenance, depreciation and tax are deliberately excluded.

Why does my state matter so much?

Because residential electricity ranges from about 13c to over 50c per kWh across the US, which swings the answer more than any other input.

How do you handle city versus highway driving?

Use the city driving slider — the calculator interpolates between the EPA city and highway ratings.

Can I share my comparison?

Yes, the URL carries every input.

Is this a quote?

No. It is an estimate from published average data.

Other comparisons

Data sources. Vehicle efficiency: U.S. EPA / DOE fueleconomy.gov (2026 model year). Electricity prices: U.S. EIA Form 861M (residential, June 2026). Fuel prices: U.S. EIA weekly retail (week ending 2026-09-07). All figures are estimates, not quotes.