Wondering if an EV actually saves you money? This calculator compares your current gas vehicle’s fuel costs against an electric vehicle’s charging costs, based on your real driving habits. Enter your annual mileage, your current car’s fuel efficiency, local gas and electricity prices, and how long you plan to own the vehicle — the calculator instantly shows your estimated annual and long-term savings.
Electricity is consistently cheaper per mile than gasoline in most markets, and EVs also tend to have lower maintenance costs over time due to fewer moving parts. This tool focuses purely on fuel/energy cost comparison to give you a clear, apples-to-apples number.
FAQ
How much can I save switching from gas to an EV?
Savings vary based on how much you drive, local fuel and electricity prices, and vehicle efficiency — but most drivers who switch see meaningful annual savings on fuel costs alone, often in the hundreds to low thousands of dollars per year depending on driving habits.
Does this calculator include maintenance or purchase price differences?
No — this tool calculates fuel/energy cost savings only. EVs generally have lower maintenance costs (no oil changes, fewer brake replacements) which would add to total savings, but that’s not factored into this specific estimate.
What electricity price should I use?
Use your home electricity rate per kWh, found on your utility bill. If you plan to charge partly at public stations, your real-world average cost may be higher than home charging alone.
Is this calculator accurate for any country?
Yes — enter your local currency-equivalent prices for gas and electricity, and your local distance unit preference. The math scales to any market’s pricing.
