DriveCosts

EVs

EVs Fuel Cost Calculator

Home charging is the single biggest cost advantage of an EV. At the US average of $0.16/kWh, most efficient electric sedans cost $0.04-$0.05 per mile to drive — about 60-70% less than a gas car. Electric trucks and luxury EVs use more energy, but still beat gasoline equivalents.

Browse 39 evs below — each links to a dedicated cost estimate.

All EVs — sorted by MPGe

Annual charging cost estimates use 12,000 miles per year at US average $0.16/kWh.

About evs fuel cost

Home charging is the single biggest cost advantage of an EV. At the US average of $0.16/kWh, most efficient electric sedans cost $0.04-$0.05 per mile to drive — about 60-70% less than a gas car. Electric trucks and luxury EVs use more energy, but still beat gasoline equivalents.

For a custom estimate, open the fuel cost calculator or compare two vehicles with the cost per mile calculator.

Frequently asked questions

Which EV is cheapest to charge?

Efficient sedans like the Lucid Air, Tesla Model 3, Hyundai Ioniq 6 and Tesla Model Y top the charts at 122-134 MPGe. They typically cost around $0.04 per mile to drive on home electricity.

How much does it cost to charge an EV at home?

At the US average of $0.16/kWh, a full charge for a 75 kWh battery costs about $12. That same charge delivers roughly 280 miles in an efficient EV.

Is public DC fast charging more expensive than home?

Yes — DC fast charging often costs $0.40-$0.60/kWh, which can be 2-4x the cost of home charging. EVs are cheapest when most charging happens at home overnight.

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