EV vs Gas Car Calculator

Compare total cost of ownership and environmental impact between electric vehicles and gas cars.

Driving Habits

Annual Miles Driven

Years of Ownership

Electric Vehicle

Purchase Price ($)

Efficiency (mi/kWh)

Home Electricity ($/kWh)

Home Charging (%)

Federal Tax Credit ($)

State Credit ($)

Gas Vehicle

Purchase Price ($)

Fuel Economy (MPG)

Gas Price ($/gal)

Maintenance & Insurance

EV Maintenance ($/mile)

Gas Maintenance ($/mile)

EV Insurance Premium Difference ($/year)

Positive if EV insurance is higher

Winner: EV

$5,784

EV saves over 7 years

EV Total Cost

$48,116

Net Purchase Price$37,500

Energy (84,000 mi)$4176

Maintenance$5040

Per Mile Cost$0.573

Gas Total Cost

$53,900

Purchase Price$35,000

Fuel (84,000 mi)$10500

Maintenance$8400

Per Mile Cost$0.642

Break-Even Analysis

2.1 yrs

Break-Even Point

$826

Annual EV Savings

$69

Monthly Savings

Cost Over Time

Yr 1

-1317

Yr 2

-133

Yr 3

+1050

Yr 4

+2234

Yr 5

+3417

Yr 6

+4601

Yr 7

+5784

Gas

Environmental Impact

3.8

Gas CO2 (tons/yr)

1.4

EV CO2 (tons/yr)

16.6 tons

CO2 Saved Over 7 Years

Equivalent to planting 762 trees