Gas vs Electric Cost Calculator
Compare annual fuel costs between a gas-powered car and an electric vehicle based on your driving habits and local energy prices.
Annual Fuel Cost Comparison
Gas vehicle annual cost:
Gas Cost = (Annual Miles / MPG) × Price Per Gallon
Electric vehicle annual cost:
EV Cost = (Annual Miles / Miles per kWh) × Price Per kWh
Or equivalently: EV Cost = (Annual Miles × kWh per Mile) × Price Per kWh
Typical values (US):
- Average annual miles driven: 12,000–15,000
- Gas price: $3.00–$4.50/gallon
- Average gas car: 25–30 MPG
- Electricity price: $0.12–$0.16/kWh
- Average EV efficiency: 3–4 miles per kWh
Note: This calculates fuel/electricity costs only. Total cost of ownership also includes insurance, maintenance, depreciation, and purchase price.