Vehicle & Transportation Calculators
EV vs. Gas Total Cost Calculator
Compare the total cost of owning an electric vehicle versus a gas vehicle, including fuel, charging, insurance, maintenance, financing, incentives, depreciation, and home charger costs.
The monthly payment is only part of the story. EVs and gas vehicles can differ in fuel costs, charging setup, maintenance, insurance, incentives, and resale value. This calculator compares both sides using your assumptions so you can see which option may cost less over your ownership period.
Educational estimate only. Vehicle costs, incentives, insurance, electricity rates, fuel prices, and resale values can vary widely. This calculator is not financial, tax, legal, insurance, vehicle-buying, or professional advice.
The monthly payment is only part of the story. This calculator includes financing, fuel, charging, maintenance, insurance, incentives, charger costs, and resale value.
Jump to resultsYour driving profile
Start with how long you plan to keep the vehicle and how much you drive.
How long you expect to keep the vehicle.
Higher mileage usually makes fuel or charging differences matter more.
EV details
Use editable assumptions. Incentives and charging costs vary by vehicle, location, utility, and eligibility.
Gas vehicle details
Enter fuel economy, gas price, financing, insurance, maintenance, fees, and resale assumptions.
Taxes and fees
This simplified model applies sales tax and purchase fees to each purchase price.
Applied to each vehicle purchase price in this simplified model.
Scenario presets
Use these to quickly test common ownership situations, then fine-tune the inputs.
Frequently asked questions
Is an EV always cheaper than a gas car?+
No. The lower-cost option depends on purchase price, charging mix, gas prices, insurance, maintenance, incentives, resale value, and how much you drive.
How does this calculator estimate EV charging cost?+
It uses annual miles, EV efficiency in kWh per 100 miles, and a blended electricity rate based on your home and public charging assumptions.
Does public charging change the math?+
Yes. Public charging is often more expensive than home charging, so a mostly public-charging routine can reduce or erase EV fuel savings.
Are EV maintenance costs lower?+
They can be, but the real number varies by vehicle and repairs. This calculator lets you enter separate annual maintenance assumptions for each vehicle.
Does this calculator include tax credits?+
It includes only the incentive amount you enter. It does not determine federal, state, local, or vehicle-specific eligibility.
How does depreciation affect EV vs gas cost?+
The calculator subtracts estimated resale value from each side. A lower resale assumption increases the total cost of that vehicle.
How many miles do I need to drive for an EV to make sense?+
Higher mileage usually makes fuel and charging differences matter more. The sensitivity panel estimates a mileage flip point when one is calculable.
Should I buy an EV if this calculator says it costs less?+
Not automatically. Treat the result as one educational input alongside charging access, vehicle needs, cash reserves, taxes, insurance, and professional guidance.