EV vs gas costs by state · Gas October 6, 2026 · Electricity July 2026

Is an EV cheaper than gas right now?

Yes, for fuel, in every state and DC. At the average U.S. home electricity rate (18.3 cents per kWh, EIA July 2026), charging an EV costs the same per mile as gas at $1.48 a gallon. Regular gas averaged $4.37 nationally on October 6, 2026 (AAA). For 1,000 miles a month, that is about $55 to charge versus $162 in gas: roughly $107 a month back.

Where it is closest, and where it is not close

Where home electricity is cheapest, charging costs the same per mile as gas at about $1.03 a gallon (Louisiana and Nevada).

Where it is most expensive, Hawaii, charging equals gas at $3.89, but gas there averaged $5.63, so charging at home still saves about $64 a month. That is the closest call in the country.

Gas price at which charging at home costs the same per mile, by state
StateCharging equals gas atGas nowYou save /mo
Alabama$1.33$3.97$98
Alaska$2.34$5.02$99
Arizona$1.25$4.74$129
Arkansas$1.16$3.98$104
California$2.72$6.38$135
Colorado$1.38$4.12$101
Connecticut$1.96$4.45$92
Delaware$1.50$4.15$98
District of Columbia$2.04$4.43$88
Florida$1.22$4.15$108
Georgia$1.32$3.85$94
Hawaii$3.89$5.63$64
Idaho$1.11$4.94$142
Illinois$1.56$4.65$115
Indiana$1.36$3.72$88
Iowa$1.30$4.25$110
Kansas$1.24$4.05$104
Kentucky$1.12$4.06$109
Louisiana$1.03$3.93$107
Maine$2.63$4.39$66
Maryland$1.73$4.21$92
Massachusetts$2.47$4.35$70
Michigan$1.87$4.43$95
Minnesota$1.41$4.30$107
Mississippi$1.18$3.94$102
Missouri$1.30$4.03$101
Montana$1.21$4.51$122
Nebraska$1.12$4.23$115
Nevada$1.03$5.48$165
New Hampshire$2.15$4.33$81
New Jersey$2.04$4.29$83
New Mexico$1.30$4.47$117
New York$2.42$4.47$76
North Carolina$1.23$4.09$106
North Dakota$1.09$4.17$114
Ohio$1.58$3.78$82
Oklahoma$1.16$4.00$105
Oregon$1.29$5.04$139
Pennsylvania$1.76$4.47$100
Rhode Island$2.29$4.33$75
South Carolina$1.25$4.03$103
South Dakota$1.24$4.26$112
Tennessee$1.11$3.97$106
Texas$1.29$3.90$97
Utah$1.06$4.93$143
Vermont$1.92$4.43$93
Virginia$1.42$4.16$101
Washington$1.19$5.48$159
West Virginia$1.28$4.29$111
Wisconsin$1.54$4.15$96
Wyoming$1.16$4.49$123

Savings per 1,000 miles a month, charging at home at the state average rate vs a 27 mpg car.

When the answer is no, or barely

You can only use public fast chargers

Most fast chargers price power by the kWh too, just higher than your utility does. At 50 cents per kWh, charging costs the same per mile as gas at $4.05 a gallon, which is about what gas costs now. If you cannot charge at home or work, check the prices at the chargers you would actually use before you count on savings.

You are comparing against a hybrid

A 50 mpg hybrid would need gas below $2.75 a gallon to beat charging at home at the average rate. With gas at $4.37, the EV still wins on fuel, by less: about $55 versus $87 for 1,000 miles. The exceptions: New York, Massachusetts, Maine and Hawaii, where electricity costs enough that a 50 mpg hybrid is cheaper to fuel than an EV charged at home.

Fuel is not the whole bill

These numbers are fuel only. The purchase price, insurance and the extra EV registration fee most states charge are separate, and they decide whether an EV is cheaper to own, not just to drive.

EV fees by state · EV incentives by state · Savings calculator

Why this holds up when gas spikes

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 the U.S., gas would have to fall below $1.48 a gallon.

Why an EV opts you out of gas spikes

By city, utility by utility

How we calculated it

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 the average residential electricity rate. The break-even gas price is the electricity cost per mile times 27 mpg. 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)

Now run it with your own numbers

Use the savings calculator or see which EVs fit how you drive.

Questions people ask

Is an EV cheaper than gas right now?

For fuel, yes, in every state. At the U.S. average home electricity rate of 18.3 cents per kWh, 1,000 miles costs about $55 to charge. The same miles in a 27 mpg car cost about $162 at the $4.37 national gas average on October 6, 2026.

How low would gas have to go for a gas car to be cheaper to fuel?

About $1.48 a gallon at the national average electricity rate. By state it ranges from about $1.03 in Louisiana and Nevada to $3.89 in Hawaii. That is the gas price at which a 27 mpg car costs the same per mile as charging at home.

Is an EV cheaper to fuel than a hybrid?

Yes in 47 of 51 (the 50 states plus DC), by less. A 50 mpg hybrid matches home charging at the average rate when gas is $2.75 a gallon. Gas is $4.37, so the EV is still cheaper per mile at the average rate, but the gap is much smaller than against a 27 mpg car. In New York, Massachusetts, Maine and Hawaii, the hybrid wins.

What if I can only charge at public fast chargers?

Then the savings can disappear. At 50 cents per kWh, charging costs the same per mile as gas at $4.05 a gallon. Home charging is what makes an EV cheap to run.

Why does an EV stay cheaper when gas prices spike?

Home electricity is priced by utilities under state regulators and moves much more slowly than gas. When the 2026 war with Iran disrupted oil shipping through the Strait of Hormuz, pump prices jumped while home electricity rates moved far less, so the gap widened.

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