All states · Gas October 6, 2026 · Electricity July 2026
Charging an EV at home in Nevada costs the same per mile as buying gas at $1.03 a gallon. Regular gas averaged $5.48 on October 6, 2026, so 1,000 miles costs about $38 to charge and $203 in gas: roughly $165 a month back in your pocket, or $1,975 a year.
Nevada has 1 EV incentive still open (state, utility and charger money), last reviewed October 2026. See the Nevada incentives.
By city, utility by utility: Is an EV cheaper than gas in Las Vegas?
Regular gas averages $5.48 a gallon (AAA, October 6, 2026), 25% above the $4.37 national average, the 48th cheapest of 51. A 27 mpg car burns about 444 gallons over 12,000 miles, roughly $2,435 a year.
Gas would have to fall to about $1.03 a gallon before that car costs less per mile than charging at home in Nevada.
Home electricity averages 12.8 cents per kWh (EIA, July 2026), 30% below the 18.3-cent national average. That makes Nevada the 2nd cheapest of 51 places to charge at home (50th most expensive).
The rate is up 3.1% from a year ago (12.4 to 12.8 cents). At today's rate, 12,000 miles a year costs about $460 to charge at home, the same per mile as a gas car that gets 143 mpg.
Nevada does not charge EV owners an extra registration fee, so the full $1,975 a year in fuel savings at 12,000 miles stays yours.
Same 1,000 miles a month, same car, each state's own prices. Nevada saves $165 a month.
Gas prices jumped in 2026 when the war with Iran disrupted oil shipping through the Strait of Hormuz. Home electricity is priced by utilities under state regulators and moves far more slowly, so the gap tends to widen when gas spikes. For a 27 mpg car to cost less per mile than charging at home in Nevada, gas would have to fall below $1.03 a gallon.
Why an EV opts you out of gas spikes · Is an EV cheaper than gas right now? Every state
We assume 1,000 miles a month, a typical new EV that uses 30 kWh per 100 miles, a 27 mpg gas car, and home charging at Nevada's average residential rate. Your own miles, car and utility will move these numbers, so treat this as the honest average, not your bill.
Sources: EIA Electric Power Monthly, Table 5.6.A (residential average), AAA state gas price averages (regular unleaded)
Use the savings calculator, check Nevada EV incentives, or see which EVs fit how you drive.
Nevada's average residential electricity rate is 12.8 cents per kWh (EIA, July 2026). A typical new EV uses about 30 kWh per 100 miles, so 100 miles costs about $3.83 and 1,000 miles costs about $38 when you charge at home.
Yes, to fuel. Charging at home costs the same per mile as gas at $1.03 a gallon. With regular gas at $5.48 a gallon (AAA, October 6, 2026), 1,000 miles in a 27 mpg gas car costs about $203, versus $38 for an EV. That is roughly $165 a month, or $1,975 a year.
About $1.03 a gallon. Below that price, a 27 mpg gas car costs less per mile than charging at home at Nevada's average rate. Gas is $5.48 today, so home charging currently costs about the same per mile as a gas car that gets 143 mpg.
They assume home charging at the state average residential rate, a typical new EV and a 27 mpg gas car. Public fast charging usually costs more than charging at home, and some utilities offer cheaper overnight rates. Your own miles, car and utility matter, so run your own numbers in the savings calculator.
Got a dealer quote? Run it through the free Deal-Checker.