EV vs Gas Car Cost Calculator

Compare electric vehicle and gasoline car ownership costs across energy, fuel, maintenance, insurance, and depreciation.

5-year EV cost

$33,273

Depreciation plus operating cost

5-year gas cost

$35,802

Depreciation plus operating cost

EV savings

$2,529

Positive means EV is cheaper

Annual energy savings

$843

Gas fuel minus EV charging

Ownership assumptions

Compare EV and gasoline ownership cost over a selected period.

Net EV price

$39,250

Purchase price after incentive

EV annual charging

$617.14

3,428.6 kWh per year

Gas annual fuel

$1,460.00

400 gal per year

EV depreciation cost

$19,687

Estimated value loss over the period

Gas depreciation cost

$17,002

Estimated value loss over the period

Break-even estimate

2.6 yr

Based on price gap and annual operating savings

Related calculators

Ownership cost

This comparison focuses on depreciation and operating costs over the ownership period. Purchase incentives, annual mileage, energy prices, maintenance, and insurance can change the result more than headline fuel savings alone.

Break-even estimate

The break-even value is a simplified estimate based on the price gap and annual operating savings. Treat it as a planning signal, not a dealer quote.