Calculate exactly how much it costs to charge your electric vehicle. Compare home charging vs public stations and see your potential savings over gas vehicles.
Electric vehicle charging costs vary significantly based on where and how you charge. Understanding these differences can help you save hundreds or even thousands of dollars annually. The average American drives about 13,500 miles per year, and switching from a gas vehicle to an EV can save $1,000-$2,500 annually in fuel costs alone.
Home charging remains the most economical option for most EV owners. With the average residential electricity rate in the United States at approximately $0.16 per kWh in 2025, charging a Tesla Model 3 with a 60 kWh battery from 20% to 80% costs roughly $5.76. The same charge at a DC fast charging station could cost $15-$25, making home charging up to 75% cheaper.
Level 1 Charging (120V)
Uses a standard 120V household outlet. Adds 3-5 miles of range per hour. Best for plug-in hybrids or overnight charging when daily driving is under 40 miles. Costs approximately $0.06-$0.08 per mile.
Level 2 Charging (240V)
The most popular home charging solution. Adds 25-30 miles of range per hour with a 7kW charger. A full charge overnight is possible for most EVs. Installation costs $500-$2,000 but qualifies for federal tax credits up to 30% of the cost.
DC Fast Charging (DCFC)
Public stations that can charge 80% in 20-45 minutes. Costs $0.30-$0.60 per kWh at most networks. Best for road trips and emergency charging. Frequent DCFC use may slightly impact battery longevity, so most manufacturers recommend limiting fast charging to 20% of total charges.
| Factor | Electric Vehicle | Gas Vehicle (30 MPG) |
|---|---|---|
| Annual Fuel/Energy Cost | $540 - $720 | $1,575 - $2,025 |
| Maintenance (Annual) | $300 - $500 | $800 - $1,200 |
| Oil Changes | $0 | $120 - $200 |
| Total Annual Savings | $1,300 - $2,200 with an EV | |
Note: Actual costs vary based on your specific electricity rates, EV efficiency, driving habits, and local conditions. Check with your utility company for exact rates and available EV charging programs.