EV vs Gas Cost Calculator
Enter your annual mileage, electricity rate, gas price, and each vehicle's efficiency to see which costs less to drive per year and over 5 years.
Your Driving Inputs
miles/yr
Electric Vehicle
$
/kWh
mi/kWh
Gas Car
$
/gal
MPG
Cost Per Mile
Electric
—
per mile
Gas
—
per mile
Annual Fuel Cost
Electric
—
Gas
—
5-Year Fuel Cost
Electric
—
Gas
—
Annual savings
—
5-year: —
Summary
Enter your annual mileage, electricity rate, gas price, and each vehicle's efficiency to see which costs less to drive per year and over 5 years.
How it works
- Enter your estimated annual miles driven.
- Enter your electricity rate in dollars per kWh (check your utility bill).
- Enter the EV efficiency in miles per kWh (EPA label or spec sheet).
- Enter the current gas price per gallon in your area.
- Enter the gas car fuel economy in MPG.
- Read the annual and 5-year cost comparison instantly.
Use cases
- Decide whether switching to an EV makes financial sense given your driving habits.
- Compare two specific models — one EV and one gas — before buying.
- Estimate annual fuel savings when leasing an EV vs keeping a gas car.
- Factor fuel costs into the total cost of ownership analysis over 5 years.
- Share a quick savings estimate with a partner or financial advisor.
- Recalculate as gas prices or electricity rates change over time.
Frequently Asked Questions
Last updated: 2026-06-11 ·
Reviewed by Nham Vu