EV Charging Cost Calculator
Cost per charge, per mile, and versus petrol.
Reviewed by the Calculation Machine team · Updated 24 October 2026 · How we check our maths
Your values
ⓘ Live results
- Cost of a full charge
- $13.33
- Cost per mile
- $0.0494
- Petrol equivalent per mile
- $0.115
- Saving per 1,000 miles
- $65.62
- Effective MPG-equivalent
- 69.9
Quick answer
The cost to charge an EV is the battery size in kWh times your electricity price, divided by charging efficiency (about 90%). Cost per mile is that figure divided by the car's range. A 75 kWh battery at $0.16/kWh costs 75 × 0.16 ÷ 0.9 = $13.33 for a full charge; over 270 miles of range that is about 4.9 cents per mile.
What the EV Charging Cost calculator does
This calculator shows what a full charge costs, your cost per mile, and how that compares with a gas car's fuel cost per mile. It also gives the savings per 1,000 miles and a cost-equivalent mpg – the fuel economy a gas car would need to match your EV's running cost at the prices you entered.
The biggest variable is where you charge. Home charging on an off-peak or EV tariff is usually the cheapest; public DC fast charging can cost three or more times as much per kWh and, for some drivers, more per mile than gas. Run the calculator once with your home rate and once with a typical fast-charger rate to see the range.
The result assumes a full 0–100% charge with about 10% lost as heat in the charger and battery. Most drivers top up from 20% to 80%, which costs proportionally less. For time spent plugged in, see the EV charging time calculator; for the full five-year comparison including purchase price, use the EV vs gas cost calculator.
The formula
Full charge cost = battery (kWh) × price ($/kWh) ÷ 0.9 Cost per mile = full charge cost ÷ range Gas cost per mile = gas price ÷ mpg Cost-equivalent mpg = gas price ÷ EV cost per mile
| Symbol | Meaning | Unit |
|---|---|---|
| battery | Usable battery capacity | kWh |
| price | Electricity price including delivery charges and taxes | $/kWh |
| 0.9 | Assumed charging efficiency (10% loss from wall to battery) | — |
| range | Real-world miles on a full charge | miles |
| mpg, gas price | Fuel economy and fuel price of the gas car you are comparing with | mpg, $/gal |
The method follows the US Department of Energy's approach of dividing electricity cost by vehicle efficiency. The cost-equivalent mpg shown here is a price comparison, not the EPA's MPGe rating – MPGe is an energy measure based on 33.7 kWh being equivalent to one gallon of gasoline, and it does not change with prices. Charging losses vary: Level 2 home charging is typically 85–95% efficient, a standard 120 V outlet is often less, and cold weather increases losses.
Worked examples
Overnight home charging on an off-peak rate
A compact EV with a 60 kWh battery and 260 miles of range, charged at home on a $0.12/kWh overnight rate, compared with a 32 mpg car and $3.30 gas.
Inputs
- Battery capacity60 kWh
- Electricity price0.12 $/kWh
- Range on a full charge260 miles
- Comparison petrol car32 mpg
- Petrol price3.3 $/gal
Result
- Cost of a full charge$8
- Cost per mile$0.0308
- Petrol equivalent per mile$0.1031
- Saving per 1,000 miles$72.36
- Effective MPG-equivalent107.3
A full charge costs $8, about 3 cents a mile against roughly 10 cents for the gas car – a saving of about $72 per 1,000 miles. At 12,000 miles a year that is around $870 in fuel savings.
Relying on DC fast chargers
A 77 kWh crossover with 280 miles of range, charged only at public fast chargers at $0.48/kWh, compared with a 35 mpg hybrid at $3.30.
Inputs
- Battery capacity77 kWh
- Electricity price0.48 $/kWh
- Range on a full charge280 miles
- Comparison petrol car35 mpg
- Petrol price3.3 $/gal
Result
- Cost of a full charge$41.07
- Cost per mile$0.1467
- Petrol equivalent per mile$0.0943
- Saving per 1,000 miles$-52.38
- Effective MPG-equivalent22.5
At these prices the EV costs about 14.7 cents a mile versus 9.4 cents for the hybrid, so it is more expensive to run. A charging network subscription or occasional home charging changes the result quickly.
Electric pickup versus a gas truck
A full-size electric pickup with a 131 kWh battery and 320 miles of range at $0.18/kWh, compared with an 18 mpg gas pickup and $3.60 fuel.
Inputs
- Battery capacity131 kWh
- Electricity price0.18 $/kWh
- Range on a full charge320 miles
- Comparison petrol car18 mpg
- Petrol price3.6 $/gal
Result
- Cost of a full charge$26.2
- Cost per mile$0.0819
- Petrol equivalent per mile$0.2
- Saving per 1,000 miles$118.13
- Effective MPG-equivalent44
A full charge costs about $26, or 8.2 cents a mile, against 20 cents for the gas truck – about $118 saved per 1,000 miles. Towing can roughly halve EV range, which doubles cost per mile.
Charging cost by where you plug in
Electricity prices vary widely by state, utility and time of day; check your bill for the all-in price per kWh (energy plus delivery, divided by kWh used). The table shows how cost per mile scales with price for an EV that travels 3.5 miles per kWh, including 10% charging loss.
| Electricity price | Typical situation | Cost per mile | Cost per 1,000 miles |
|---|---|---|---|
| $0.10/kWh | Off-peak home EV tariff | 3.2¢ | $32 |
| $0.16/kWh | Standard residential rate | 5.1¢ | $51 |
| $0.30/kWh | High-cost region or Level 2 public charger | 9.5¢ | $95 |
| $0.48/kWh | DC fast charging | 15.2¢ | $152 |
Finding your EV's cost per mile
If you know your car's efficiency rather than its range, cost per mile = price ÷ (miles per kWh × 0.9). Most EVs return 3–4 miles per kWh in mild weather; large trucks and SUVs are often 2–2.5. The car's trip computer usually shows mi/kWh or kWh/100 mi – to convert, miles per kWh = 100 ÷ (kWh/100 mi).
Range in winter can fall by 20–30% or more because of cabin heating and slower battery chemistry, so cost per mile rises by a similar share. Enter your winter range to see the worst case.
Ways to lower charging costs
- Time-of-use rates: many utilities offer cheaper overnight electricity; schedule charging in the car's app.
- Charge to 80% for daily use: it is gentler on the battery and you only pay for what you use.
- Avoid idle fees: some fast-charging networks charge per minute once charging is complete.
- Solar: home solar can cut the marginal cost of charging; size a system with the solar panel calculator.
- Check per-minute pricing: where chargers bill by time, a car that charges slowly pays more per kWh.
How to use the EV Charging Cost Calculator
- 1Enter the usable battery capacity in kWh from the manufacturer's spec sheet.
- 2Enter your all-in electricity price per kWh from your bill, or a public charger's posted rate.
- 3Enter the real-world range you get on a full charge – use winter range for a worst case.
- 4Enter the mpg and gas price of the car you are comparing with, then read cost per charge, per mile and savings per 1,000 miles.
Frequently asked questions
How much does it cost to charge an electric car at home?
Multiply the battery size by your electricity rate and divide by 0.9. A 75 kWh battery at $0.16/kWh costs about $13 for a full charge; most daily top-ups cost a few dollars.
Is charging an EV cheaper than buying gas?
Usually, when charging at home: typical home charging works out to 3–6 cents a mile versus 10–20 cents for gas cars. Relying only on fast chargers can make an EV as expensive as, or more than, an efficient hybrid.
What is MPGe?
MPGe is the EPA's energy-equivalent rating: 33.7 kWh of electricity counts as one gallon of gasoline. It measures efficiency, not cost; the cost-equivalent mpg on this page depends on the prices you enter.
How much does an EV add to my electric bill?
Divide your monthly miles by the car's miles per kWh, divide by 0.9 for charging losses and multiply by your rate. 1,000 miles a month at 3.5 mi/kWh and $0.16 adds about $51. The electricity cost calculator helps with other appliances.
Does fast charging cost more?
Yes. DC fast chargers typically charge several times the residential rate per kWh and sometimes bill by the minute, to cover equipment and grid demand charges.
References
- Alternative Fuels Data Center – Charging Electric Vehicles at Home — US Department of Energy
- Fuel economy and MPGe ratings (fueleconomy.gov) — US Environmental Protection Agency and US Department of Energy
About this calculator
- Built and reviewed by the Calculation Machine team · How we build and test calculators
- Last reviewed: October 24, 2026
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