EV vs Gas Cost Calculator
Compare the total cost of ownership between electric and gas vehicles over time, including purchase price, fuel, and maintenance costs.
Quick Presets
Load common scenarios to get started
Electric Vehicle
$45,000
300 mi
3.5 mi/kWh
$0.14/kWh
$1,400/yr
Gas Vehicle
$35,000
30 MPG
$3.50/gal
$1,200/yr
Driving Habits
12,000 mi/year
5 years
Total Cost of Ownership (5 Years)
Electric Vehicle
$56,900
$11,380/year
Gas Vehicle
$54,000
$10,800/year
Extra Cost
$2,900
$48/month
| Cost Category | Electric Vehicle | Gas Vehicle | Difference |
|---|---|---|---|
| Purchase Price | $45,000 | $35,000 | $-10,000 |
| Fuel Costs (5 years) | $2,400 | $7,000 | -$4,600 |
| Maintenance (5 years) | $2,500 | $6,000 | -$3,500 |
| Insurance (5 years) | $7,000 | $6,000 | $+$1,000 |
| TOTAL | $56,900 | $54,000 | +$2,900 |
Cost Insights
Electric Vehicle
- • Fuel cost: $40/month ($480/year)
- • Maintenance: $42/month ($500/year)
- • Cost per mile: $0.948
- • After 5 years: 60000 miles driven
Gas Vehicle
- • Fuel cost: $117/month ($1400/year)
- • Maintenance: $100/month ($1,200/year)
- • Cost per mile: $0.900
- • After 5 years: 60000 miles driven
Break-Even Point
You'll recover the higher purchase cost in 85 months (7.1 years) through fuel and maintenance savings.
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