MONTHLY CHARGING
$64/mo
EV Charging Costs in New Jersey
At 23.98¢/kWh, New Jersey is 32% above the national average (18.19¢/kWh). Ranked number 41 cheapest out of 51.
35 mi
5 mi120 mi
State rate locked at 24.0¢/kWh (EIA residential average).
New Jersey savings
YOU SAVE$1,187/year
In New Jersey, versus a 28 MPG gas car at $4.28/gal. Over 5 years, that is $5,934.
61%
FUEL CUT
ANNUAL SAVINGS
$1,187/yr
COST PER MILE
$0.060 EV
GAS
$0.15
EV
$0.06
5 YEAR SAVINGS
$5,934 total
Live savings meter
GAS1,953/yr
SAVES
1,187
/yr
EV766/yr
Similar states by rate
| State | Rate | Monthly | Rank |
|---|---|---|---|
| New Jersey (you) | 23.98¢ | $63.82 | #41 |
| Maryland | 21.3¢ | $56.69 | #38 |
| Michigan | 21.53¢ | $57.30 | #39 |
| Vermont | 23.95¢ | $63.74 | #40 |
| District of Columbia | 24.66¢ | $65.63 | #42 |
| New Hampshire | 26.79¢ | $71.30 | #43 |
What the rate means for you
New Jersey's residential electricity rate of 23.98¢/kWh is 32% above the national average. For a typical EV owner driving 35 miles per day, this translates to about $63.82 per month in charging costs, or $765.86 annually. Compared to fueling a 28 MPG gas car at the US average of $4.28 per gallon, you save $1,187 per year.
At $0.060 per mile for electricity versus $0.153 per mile for gas, driving electric in New Jersey costs 61% less per mile. Over 5 years of typical driving (12,775 miles per year), that adds up to $5,934 in fuel savings alone, before accounting for reduced maintenance costs.
A full charge on a 2026 Tesla Model 3 Premium RWD (75 kWh battery, 363 miles of range) costs $17.99 in New Jersey. Most daily charging sessions only use 20 to 40 percent of the battery, so a typical overnight charge costs $5.40 to $7.19.
FAQ
Frequently asked
At New Jersey's average residential rate of 23.98¢/kWh, charging a 2026 Tesla Model 3 Premium RWD (75 kWh battery) from empty costs $17.99. For a typical driver covering 35 miles per day, monthly charging costs are about $63.82.