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Gas vs Electric Car Cost Calculator

Last updated: November 5, 2026

Compare annual gasoline and electric-vehicle energy costs for the same driving distance.

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 annual savings

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  • Gas vehicle annual energy cost: —
  • EV annual charging cost: —
  • Five-year energy difference: —
On this page

Quick summary: Compare annual gasoline and electric-vehicle energy costs for the same driving distance.

Updated November 5, 2026
Read the complete guide

What this calculator estimates

Compare annual gasoline and electric-vehicle energy costs for the same driving distance.

How to use it

Enter Annual miles driven; Gas vehicle fuel economy (MPG); Gas price per gallon ($); EV energy use (kWh per 100 miles); Electricity price per kWh ($). Select Calculate to update the results.

How the calculation works

Gas cost is annual miles divided by MPG times gas price. EV cost is annual miles times kWh per 100 miles times the electricity rate.

Worked example: starting scenario

Example inputs
Annual miles driven12000
Gas vehicle fuel economy (MPG)28
Gas price per gallon ($)3.5
EV energy use (kWh per 100 miles)30
Electricity price per kWh ($)0.17
Example results
Estimated annual savingsEV saves $888.00 / year
Gas vehicle annual energy cost$1,500.00
EV annual charging cost$612.00
Five-year energy difference$4,440.00

Important limitations

Vehicle price, charging losses, maintenance, insurance, taxes and changing energy prices are excluded.

Use comparable driving and energy assumptions

Keep annual miles equal when comparing gasoline and electricity. Home charging prices, public charging prices and charging losses can differ, while fuel economy and electricity use depend on the vehicle and conditions. The comparison includes only the purchase and running-cost fields shown; an energy saving alone is not the full ownership saving.