AUTO, ENERGY & INFRASTRUCTURE

EV vs Petrol (E20) / Gas / Diesel Running Cost & Breakeven Calculator

Compare electric vehicle vs petrol/diesel running costs in your country. Factors in home/public charging rates, 5-year TCO, and CO₂ savings.

USUnited States(USD)Calibrated Edition v2026.09.1
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years

Fleet Economic Verdict

Internal Combustion Engine Retains Cost Advantage in Selected Horizon

5-year TCO: EV $48,636 vs ICE $44,546

Annual Fuel Cost (ICE)

$1,259

Annual Charging (EV)

$417

Annual Savings

$782

5-Year TCO (ICE)

$44,546

5-Year TCO (EV)

$48,636

CO₂ Saved / Year

2,227 kg

≈ 101 trees offset

Annual Operating Cost Breakdown — ICE vs EV

Petrol/Gas Fuel Cost/yr
1,259
EV Charging Cost/yr
417
ICE Maintenance/yr
750
EV Maintenance/yr
380

Capital Amortization & Breakeven Horizon

10y 3m

The EV fully amortizes its initial capital premium in 10 years and 3 months through cumulative fuel and maintenance efficiencies.

EV breaks even on total cost in 10 years 3 months.

Driving an EV saves 2227 kg CO₂/year — equivalent to planting 101 trees.

Configure retail pump fuel price, commercial EV charging tariffs, and battery degradation.

/gallon
/kWh
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Verified: 2026-09-29 • Config v2026.09.1

Statutory Formula & Editorial Methodology

Running cost = Distance / Efficiency × Price per unit. 5-year TCO includes purchase price difference, running costs, maintenance (EVs 40% lower), insurance, and depreciation. CO₂ savings use IPCC emission factors.

Audited: 2026-09-29•Policy Spec v2026.09.1

Public Interest & Editorial Context

Understanding ev vs fuel calculator is crucial for informed financial, economic, and policy decisions. This model uses verified data from official gazette sources, central banks, and research institutes to provide transparent computational insights. The underlying parameters are fully auditable — click the assumptions button above to inspect or adjust any rate or threshold.

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❓ Frequently Asked Questions

How is fuel efficiency measured?

The US uses Miles Per Gallon (MPG) for ICE vehicles and Miles per kWh for EVs. The calculator automatically switches units based on your country selection.

How long until an EV pays for itself?

The breakeven point depends on the purchase price premium, your daily distance, local fuel/electricity prices, and maintenance savings. This calculator shows the exact breakeven month.

EV vs Petrol (E20) / Gas / Diesel Running Cost & Breakeven Calculator — Free Online Tool