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EV vs Gas 5-Year Cost Calculator

Driving Habits

Annual Miles Driven

Ownership Period

Electric Vehicle

Purchase Price ($)

Tax Credit or Rebate ($)

Efficiency (miles/kWh)

Electricity Rate ($/kWh)

Annual Maintenance ($)

Annual Insurance ($)

Gas Vehicle

Purchase Price ($)

Fuel Efficiency (MPG)

Gas Price ($/gallon)

Annual Maintenance ($)

Annual Insurance ($)

How to Use This Calculator

Compare the total 5-year cost of ownership between an electric vehicle and a gas vehicle. This includes purchase price, fuel/electricity, maintenance, insurance, and tax credits.

Note: EVs typically have lower maintenance costs due to fewer moving parts and no oil changes. The federal EV credit of up to $7,500 ended for vehicles acquired after September 30, 2025; some states still offer rebates.

Use this ev vs gas 5-year cost calculator to compute electric vehicles results from your inputs.

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