EV and Gasoline Energy Cost Comparison
Compare gasoline and billed EV charging costs for the same annual miles, using actual fuel economy, wall electricity consumption, prices and charging fees.
Use this result well
- Inputs that matter
- Annual miles compared, Gasoline price (USD per US gallon), Gasoline economy (US MPG), Billed wall electricity (kWh per mile), and 2 more
- Output to expect
- Gasoline cost minus EV charging cost
- Check the units and required inputs before comparing results.
- Keep the assumptions with a copied result so you can reproduce the calculation later.
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Reference & details
How it works
Updated September 2026
How it works
Updated September 2026Calculate gasoline expense
Divide annual miles by positive fuel economy, then multiply by the entered price per US gallon.
Gasoline expense = annual miles ÷ miles per US gallon × USD per US gallonCalculate billed charging expense
Use electricity at the wall or charger billing point per mile, so charging losses are included once. Add extra fees not already included in the per-kWh price.
EV charging expense = annual miles × billed kWh per mile × USD per kWh + extra charging feesCompare the energy totals
Subtract charging expense from gasoline expense. A negative difference means EV energy expense is higher under the entered assumptions; a zero gasoline baseline has no relative percentage.
Energy cost difference = gasoline expense − EV charging expenseUpdated: September 2026
Example Scenarios
12,000 miles, 30 MPG and $3.50 per gallon gives $1,400 gasoline expense. At 0.3 billed kWh per mile, $0.20 per kWh and $60 extra fees, EV expense is $780; the difference is $620.
Enter the actual public-charging price and extra fees. The difference can be negative without any error in the model.
Use annual miles for the defined commute and allocate fees consistently. Keep unrelated journeys and ownership costs in a separate record.
Common Mistakes to Avoid
Common Mistakes to Avoid
Entering kWh per 100 miles into a per-mile field
Divide that figure by 100 after confirming whether it includes charging losses.
Applying an MPGe number as kWh per mile
Use a compatible measured or documented billed-electricity value; the input is not MPGe.
Reading energy savings as a purchase recommendation
Compare full ownership costs and the vehicle’s practical fit separately.
FAQ
About EV and Gasoline Energy Cost Comparison
Use the same annual journey distance for both vehicles. Enter measured gasoline economy in miles per US gallon and billed wall electricity per mile, with applicable prices and additional annual charging fees. All prices are USD. The result compares energy expense; purchase, finance, insurance, maintenance and depreciation are separate.