Compare fuel and charging costs, then see how long the EV price premium takes to pay back.
How to read the results
Both energy costs are calculated per year and the difference is set against the extra purchase price.
EV vs petrol running cost
Compare fuel and charging costs, then see how long the EV price premium takes to pay back.
Built and reviewed by Dovanic, Founder and editor, FreeByteLast reviewed: 2026-08-18
30 mpg
$
$
3.5 mi/kWh
$
Fuel saving per year
$891
Break-even on the price gap
6.7 yr
- Petrol cost per year
- $1,440
- Charging cost per year
- $549
- Cost per mile, petrol
- $0.12
- Cost per mile, electric
- $0.05
Methodology
Both energy costs are calculated per year and the difference is set against the extra purchase price.
- · Home charging rates
- · Maintenance differences are excluded
Estimates only. Nothing here is financial advice. Spotted something wrong? Tell us and it gets fixed.