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Electric vehicles

EV vs Gas Cost Calculator

Compare the estimated total cost of an electric vehicle with a gasoline alternative.

Reviewed September 8, 2026

Enter your numbers

Calculate your estimate

Your estimate
Estimated EV saving$19.96
EV total ownership cost$38,343.21
Gas vehicle total ownership cost$38,363.17
EV annual energy cost$582.86
Gas vehicle annual fuel cost$1,478.57
Estimate only — actual figures may vary.
Quick answer

Compare EV and gasoline ownership costs

This calculator combines energy cost, fixed annual costs and depreciation over a chosen period to compare EV and gas vehicle ownership.

The method

Compare like with like

Energy, annual fixed costs and compounded depreciation are combined for each vehicle over the chosen period.

Use your real home and public charging mix.

Insurance and depreciation assumptions matter greatly.

Incentives and financing are excluded.

EV vs gas questions

What matters most in an EV versus gas comparison?

Mileage, electricity price, gas price, depreciation and insurance can all change which vehicle costs less.

Are tax credits included?

No. Incentives and financing are excluded because eligibility and availability vary by vehicle, buyer and location.