Gas vs EV Cost
Free Gas vs EV Cost calculator with clear step-by-step results.
About Gas vs EV Cost
Compares the running cost of the same annual distance on petrol against electricity, then adds the maintenance difference - no oil changes, no filters, far less brake wear. The per-kilometre gap is the durable number, because it stays valid as annual distance changes.
Formulas
Petrol cost
Cost = km x (L/100km) / 100 x price per litre
EV cost
Cost = km x (kWh/100km) / 100 x price per kWh
Worked example
With the default values below, Gas vs EV Cost returns Annual saving with the EV of $1,727.00. Change any input above and every figure here is recalculated in your browser.
Inputs used
- Annual distance drivenminimum 0 km
- 15,000 km
- Petrol consumptionminimum 0.1 L/100km
- 7.8 L/100km
- Petrol priceminimum 0 $/L
- 1.7 $/L
- EV consumptionminimum 1 kWh/100km
- 17 kWh/100km
- Electricity priceminimum 0 $/kWh
- 0.24 $/kWh
- Annual maintenance saving on the EVminimum 0 $
- 350 $
Results
- Annual saving with the EV
- $1,727.00
- Annual petrol cost
- $1,989.00
- Annual electricity cost
- $612.00
- Energy cost difference per kilometre
- $0.0918
Step by step
- 1Values used
- 2Petrol cost
- 3EV cost
- 4Annual saving with the EV= $1,727.00
- 5Annual petrol cost= $1,989.00
- 6Annual electricity cost= $612.00
- 7Energy cost difference per kilometre= $0.0918/km
Assumptions and limits
- The result is derived only from the 6 inputs listed above. Anything not among them is not part of the calculation.
- In particular, this calculator does not take inflation, tax or fees or charges into account.
- Figures are rounded for display to 4 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.
Frequently Asked Questions
Does home charging price hold up?
Only if you charge at home. Public rapid charging often costs two to four times a domestic tariff, which can erase most of the saving for drivers without off-street parking.
What about purchase price and depreciation?
Not included - this is running cost only. Compare the annual saving against the price premium to see how many years the premium takes to recover.
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