EV vs Gas Cost Calculator

Generally yes. At the US average electricity rate (~$0.13/kWh) and gas price (~$3.80/gal), an EV typically costs $0.03–$0.04 per mile vs $0.10–$0.16 per mile for a gas car — 60–70% cheaper in fuel costs.

Most EVs use between 0.25 and 0.35 kWh per mile. Tesla Model 3 averages ~0.25 kWh/mile, while larger EVs like the F-150 Lightning use ~0.45 kWh/mile.

The US average residential electricity rate is about $0.13/kWh. At this rate, charging a 75 kWh battery (300-mile range) costs about $9.75. Compare that to $40–$50 in gas for similar range.

This calculator compares fuel costs only. For a complete cost of ownership comparison, you should also factor in purchase price difference, tax credits, insurance, and maintenance costs.