Free financial calculator guide
EV vs Gas Car: Compare Monthly Driving Costs
Compare the monthly cost of driving an electric vehicle versus a gasoline vehicle, including energy, mileage, payments and optional insurance.
Use the free EV vs. Gas Vehicle Cost Calculator
Open the working calculator on the MoneyWise Tools homepage. It does not require a Premium subscription.
Open EV vs. Gas Vehicle Cost Calculator →Why this calculation matters
Comparing an EV with a gas car means looking beyond the sticker price. Electricity rates, gas prices, efficiency, distance driven, and monthly vehicle costs all affect the result.
How to use the calculator
Enter the efficiency and local energy prices for each vehicle. Compare estimated monthly energy costs and, if useful, include other ownership expenses.
What to keep in mind
EV efficiency is commonly expressed as MPGe, while gas vehicles use MPG. Compare total monthly costs using the same driving distance for both vehicles.
The interactive calculator is on our main calculator page. Use the button above to jump directly to it; the guide here explains the inputs and how to interpret your estimate.
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Educational estimates only; not personalized financial, tax or investment advice. Read our disclaimer.