Fuel vs Electric Car Cost Comparison
Annual fuel cost (gas car) vs annual electricity cost (EV) for the same mileage.
Result
Annual savings (EV vs gas)
$1,135.71
Gas: $1,650.00, EV: $514.29.
- Annual miles12,000
- Gas: gallons428.6
- Gas: cost$1,650.00
- EV: kWh3,428.6
- EV: cost$514.29
- Savings$1,135.71
- Cost per mile (gas)$0.1375
- Cost per mile (EV)$0.0429
Step-by-step
- Gas: 12000 mi / 28 mpg = 428.6 gal × $3.85 = $1,650.00.
- EV: 12000 mi / 3.5 mi/kWh = 3,428.6 kWh × $0.15 = $514.29.
- Savings = 1,135.71.
How to use this calculator
- Enter annual miles, gas car MPG, gas price.
- Enter EV efficiency and electricity price.
- Read annual savings.
About this calculator
EVs are typically 60-70% cheaper to fuel than gas cars at average US prices. This calculator does the per-mile math: gas cars at $3.85/gal and 28 MPG cost ~14¢/mi; EVs at $0.15/kWh and 3.5 mi/kWh cost ~4¢/mi. Insurance, maintenance, and depreciation aren't included — for full cost-of-ownership see total-cost-of-ownership-car.
Frequently asked
Tesla Model 3: ~4 mi/kWh. Tesla Model Y: ~3.5. F-150 Lightning: ~2-2.5. Cold weather drops 20-30%.
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