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EV Charging Cost Calculator

Last updated: October 15, 2026

Compare monthly electric-vehicle charging cost with a gasoline vehicle.

Starting figures illustrate this model. Enter your own measurements, quoted costs and applicable terms; this page does not retrieve live prices or provider rates.

Estimated monthly EV charging cost

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  • Electricity used: —
  • Comparable gasoline cost: —
  • Estimated monthly savings: —
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Quick summary: Compare monthly electric-vehicle charging cost with a gasoline vehicle.

Updated October 14, 2026 • Estimated reading time: 4 minutes
Read the complete guide

What this calculator estimates

Compare monthly electric-vehicle charging cost with a gasoline vehicle.

How to use it

Enter Miles driven per month; EV efficiency (kWh per 100 miles); Electricity rate ($/kWh); Gas vehicle MPG; Gas price ($/gallon). Select Calculate to update the results.

How the calculation works

Monthly electricity use = miles driven × kWh per 100 miles / 100. Charging cost multiplies that use by the electricity price per kWh. Gasoline comparison cost = miles / MPG × price per US gallon. Savings subtract charging cost from the gasoline comparison.

Worked example: starting scenario

Example inputs
Miles driven per month1000
EV efficiency (kWh per 100 miles)30
Electricity rate ($/kWh)0.18
Gas vehicle MPG28
Gas price ($/gallon)3.5
Example results
Estimated monthly EV charging cost$54.00
Electricity used300 kWh
Comparable gasoline cost$125.00
Estimated monthly savings$71.00

Important limitations

Efficiency is entered in kWh per 100 miles, not miles per kWh. Use wall-meter energy consumption if you want charging losses included. Charging fees, time-of-use price changes, fuel-price changes, maintenance and vehicle purchase costs are excluded.