ThePowerPayback

EV vs gas calculator

EV vs gas running-cost calculator for the US

Compare an EV with a gasoline car using US electricity, public charging, gasoline prices, and your annual mileage.

Compare running cost first, then see whether the upfront premium earns itself back.

Your EV payback

Change miles, MPG, charging mix, gasoline price, and EV purchase premium.

Tune the assumptions

12000 miles
0.31 kWh/mile
30 MPG
0.1811 USD/kWh
0.42 USD/kWh
80 %
3.8 USD/gallon
6000 USD

Decision signal

Worth checking quotes

The default case can work, but local prices and rebates decide the final answer.

Annual fuel saving

$669

Payback on EV premium

9 years

10-year net

$686

Before vs after annual cost

lower is better
Decision numberDefaultWhy it matters
Upfront / net cost$6,000The amount the savings must recover.
5-year net-$2,657Useful if you may move or replace equipment early.
10-year net$686The long-run money signal after upfront cost.

EV cost = miles x kWh/mile x blended charging price. Gas cost = miles / MPG x gasoline price.

Default values are source-backed planning benchmarks, not quotes. For the most accurate result, replace them with your own bill, tariff, vendor quote, grant, and usage numbers.

Before you buy

Use the calculator as a quote filter

1. Enter your real tariff

Use your bill or supplier app, not a sales estimate.

2. Add the actual quote

Net of grants, rebates, discounts, and installation extras.

3. Share the link

Keep everyone comparing the same assumptions.

Trust layer

  • -No signup wall before the answer.
  • -Sources are visible at the bottom of every calculator.
  • -The result warns users when the math does not pay back.

Quick answers

Common questions

Is this ev vs petrol calculator exact?

It is a planning estimate, not a quote. Replace the defaults with your actual quote, tariff, usage, and incentive numbers before buying.

Why does payback change so much when I move the sliders?

Big energy purchases are sensitive to usage, local energy prices, upfront cost, and incentives. A small change in those assumptions can move payback by years.

Should I use this before talking to vendors?

Yes. The calculator gives you a neutral baseline so you can compare vendor claims against source-backed math.

Sources for this page

Data last reviewed: August 2026Our methodology