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Gas vs Electric Car Calculator

Compare Total Cost of Ownership (TCO) between gas and electric vehicles over your expected ownership period. Make an informed decision based on real costs.

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Unit system:

local_gas_stationGas vehicleEstimate

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electric_carElectric vehicleEstimate

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years

%

analyticsResults

electric_car

Electric vehicle wins!

Save $ 1,665.64 (3.5%)

local_gas_station

Gas vehicle

$ 48,018.49

Total cost of ownership

electric_car

Electric vehicle

$ 46,352.85

Total cost of ownership

Break-even

No break-even within period

Annual fuel savings

$ 1,926.99

Cost/km (gas)

$ 0.48

Cost/km (elec)

$ 0.46

Cost breakdown

Cost breakdown chart. Gas vehicle total: $ 48,018.49. Electric vehicle total: $ 46,352.85. Electric vehicle is cheaper by $ 1,665.64.

Acquisition
Fuel/Energy
Maintenance
Insurance
Depreciation

Year-by-year timeline

Cost comparison chart over 5 years. Gas vehicle total: $ 62,634.67. Electric vehicle total: $ 68,172.71. No break-even within period.

How to Use the Gas vs Electric Calculator

This calculator helps you compare the total cost of ownership between a gas vehicle and an electric vehicle over your expected ownership period.

  1. Enter the purchase price and tax rate for both vehicles
  2. Set fuel consumption and price for the gas vehicle
  3. Configure energy consumption and electricity prices for the electric vehicle
  4. Add any incentives, rebates, or trade-in values
  5. Set your annual mileage and ownership period
  6. Review the TCO comparison and break-even analysis

Use the preset buttons to quickly load realistic values for different vehicle categories.

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Frequently Asked Questions

TCO includes all costs of owning a vehicle: purchase price (minus trade-in and incentives), operating costs (fuel, maintenance, insurance), and depreciation. It gives you the true cost of ownership, not just the purchase price.