ChargeMath

EV Charging Cost Calculator

Estimate your monthly and annual EV charging costs based on your vehicle, electricity rate, and daily driving.

Data last updated: March 2026

60 kWh battery • 272 mi EPA range • 25 kWh/100mi

Average residential electricity rate from EIA

¢/kWh

Leave at 0 to use your state's average rate

Charging Level
35 miles
10 miles150 miles

Your Estimated Costs

Monthly Charging Cost
$72.37/month
📅Annual Charging Cost
$880.52/year
🔋Cost Per Mile (EV)
$0.069/mile
💰Annual Savings vs Gas
$707/year
🔌Cost for Full Charge
$16.54(272 mi range)
Cost Per Mile (Gas)
$0.125/mile @ $3.50/gal

Monthly Cost Comparison

EV (Electric)$72.37
Gas (28 MPG @ $3.50/gal)$131.25

You save $58.88/month with an EV

Frequently Asked Questions

At the national average electricity rate of 16.11¢/kWh, charging a typical EV with a 60 kWh battery from empty to full costs about $9.67. Most daily charging sessions cost $2–5 depending on how far you drive, since most people only charge 20–40% of the battery each night.

Affiliate disclosure: We may earn a commission from links on this page. Learn more.