EV vs Gas Car TCO Calculator

This EV vs gas cost calculator compares the total cost of ownership for an electric car and a gasoline car. It highlights whether lower charging and maintenance costs are enough to offset a higher purchase price.

Inputs

Verdict

Enter your driving assumptions to compare total cost.

EV total cost$0

Gas total cost$0

Break-even yearNo break-even

EV cost per km$0

Gas cost per km$0

How it works

EV total cost is purchase price minus subsidy, plus electricity and maintenance over the ownership period. Gas total cost is purchase price plus fuel and maintenance. The lower total cost wins.

Break-even compares the upfront price gap with annual operating savings. The model is intentionally simple, so add resale value, insurance, financing, or taxes separately if they matter for your decision.

This tool runs entirely in your browser. Your input never leaves your device.

Frequently asked questions

What does EV vs gas total cost of ownership include?
This model includes purchase price after subsidy, monthly driving distance, fuel or electricity, maintenance, and years owned. Insurance, financing, taxes, and resale value are not included.
How do I enter EV efficiency?
Use kWh per 100 km. If your car reports miles per kWh, divide 100 by miles per kWh and then divide by 1.609 to estimate kWh per 100 km.
How is gas cost converted from mpg?
The calculator converts mpg to kilometers per gallon, then divides gas price per gallon by that distance to get fuel cost per kilometer.
What does break-even year mean?
It is the ownership year when operating savings recover the higher upfront EV price. If the EV is cheaper upfront, break-even is immediate.
Is an electric car worth it if the break-even year is later than I will own it?
Usually not on cost alone. You may still choose it for emissions, driving feel, or convenience, but this calculator focuses on money.