Gas vs EV Cost Calculator: Compare Fuel and Charging Costs

See how much you could save by switching from gas to electric based on your real driving habits.

Drivers who switch to EVs may save hundreds or even thousands per year depending on fuel prices and charging costs.

⛽ Gas Vehicle

⚡ Electric Vehicle

Gas Cost

$0/month

$0/year

EV Charging Cost

$0/month

$0/year

Estimated Savings

$0/month

$0/year

How This Gas vs EV Cost Calculator Works

This calculator compares the estimated monthly and annual cost of driving a gas vehicle versus an electric vehicle. It uses your monthly driving distance, gas price, MPG, electricity rate, and EV efficiency to estimate the difference between fuel and charging costs.

Why EV Charging Costs Can Be Lower Than Gas

Electric vehicles are often cheaper to drive per mile because electricity can cost less than gasoline on an energy-use basis. However, the actual savings depend on local gas prices, electricity rates, how much you drive, and whether you charge at home or use public charging stations.

Gas vs EV: What Else Should You Consider?

Fuel or charging cost is only one part of vehicle ownership. You should also consider the vehicle payment, insurance, maintenance, tires, registration, depreciation, and possible home charger installation costs before deciding whether an EV makes financial sense.