How much can I save by switching to an EV?

Most U.S. drivers save $700–$1,500 per year on fuel by driving an EV instead of a comparable gasoline car. Over 10 years that adds up to $7,000–$15,000 — before counting lower maintenance costs.

What inputs does an EV savings calculator need?

A good EV savings calculator uses annual miles driven, your local electricity rate ($/kWh), your local gas price ($/gal), the EV's efficiency (kWh/100 miles), and the gas car's fuel economy (MPG).

Are EV savings the same if I charge at public fast chargers?

No. DC fast charging typically costs $0.35–$0.55/kWh — 2–3x the cost of home charging at ~$0.16/kWh. Drivers who can charge at home keep most of the fuel savings; frequent fast-charger users see smaller gains.

Do these numbers include maintenance savings?

The figures on this page reflect fuel cost only. EVs typically save another $300–$500 per year on maintenance (no oil changes, fewer brake jobs, no exhaust system).

EV savings calculator

Lifetime EV savings by vehicle model

See how much you'd save on fuel over 10 years by driving a popular EV instead of its gasoline counterpart. All numbers assume 12,000 miles/year, an electricity rate of 0.16/kWh, and a gas price of $4/gal.

Average 10-year fuel savings

$8,620

Across 6 popular EV vs. gas comparisons

Calculate your savings

Savings by EV model

Tesla Model 3 Long Range
vs. BMW 330i (30 MPG)
10-yr save
$9,200
EV /yr
$480
Gas /yr
$1,400
Save /yr
$920
Tesla Model Y Long Range
vs. Toyota RAV4 (30 MPG)
10-yr save
$8,624
EV /yr
$538
Gas /yr
$1,400
Save /yr
$862
Ford F-150 Lightning
vs. Ford F-150 (2.7L V6) (22 MPG)
10-yr save
$9,875
EV /yr
$922
Gas /yr
$1,909
Save /yr
$987
Hyundai Ioniq 5
vs. Honda CR-V (30 MPG)
10-yr save
$8,240
EV /yr
$576
Gas /yr
$1,400
Save /yr
$824
Chevy Bolt EUV
vs. Honda Civic (36 MPG)
10-yr save
$6,099
EV /yr
$557
Gas /yr
$1,167
Save /yr
$610
Rivian R1S
vs. Jeep Grand Cherokee (22 MPG)
10-yr save
$9,683
EV /yr
$941
Gas /yr
$1,909
Save /yr
$968

How the EV savings calculator works

For each vehicle, annual fuel cost is miles ÷ MPG × gas price for the gasoline car and miles ÷ 100 × kWh/100mi × $/kWh for the EV. The difference is your annual savings; multiply by 10 years to estimate lifetime fuel savings. EVLedger's Insight tool runs the same math on your real charging history.

Frequently asked questions

How much can I save by switching to an EV?
Most U.S. drivers save $700–$1,500 per year on fuel by driving an EV instead of a comparable gasoline car. Over 10 years that adds up to $7,000–$15,000 — before counting lower maintenance costs.
What inputs does an EV savings calculator need?
A good EV savings calculator uses annual miles driven, your local electricity rate ($/kWh), your local gas price ($/gal), the EV's efficiency (kWh/100 miles), and the gas car's fuel economy (MPG).
Are EV savings the same if I charge at public fast chargers?
No. DC fast charging typically costs $0.35–$0.55/kWh — 2–3x the cost of home charging at ~$0.16/kWh. Drivers who can charge at home keep most of the fuel savings; frequent fast-charger users see smaller gains.
Do these numbers include maintenance savings?
The figures on this page reflect fuel cost only. EVs typically save another $300–$500 per year on maintenance (no oil changes, fewer brake jobs, no exhaust system).

Track your real savings

Log every charge with EVLedger and watch lifetime savings update automatically.

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Estimates are illustrative. Your actual savings vary with local electricity and gas prices, charging mix (home vs. DC fast), driving style, and climate.