How much do electric cars save per mile over gas cars?

I’ve heard that EVs cost significantly less per mile on average. I’m just curious how much do electric cars actually save over gas per mile?

Find out if you’re getting ripped off on your car insurance in less than two minutes.
No spam · No long forms · No fees
Find savings (100% Free)
rating white
3.5k Ratings
Answer provided by
Marlee John
Answered on May 18, 2022
Great question, it’s difficult to break it down by mile. But it’s safe to say electric cars are a great fuel savings option as in most cases fuel rates are much lower than the cost of gasoline (especially with the current prices). Electric cars can save about $800 to $1,000 on average a year in refueling costs.
Unless you live in a region where the cost of gasoline and electricity is about the same, you will more than likely be saving on fuel costs in an EV. At the current gas rates of almost $7 per gallon in some regions, electricity rates average at about $0.12 per kWh.
From home on a slower charger, the total cost may be about $6 for a full charge. At a public charging station which costs more for a quicker charge, the cost may be anywhere from $10 to $30 depending on how much charge is needed.
Feel like you’re paying too much for car insurance? Jerry can help. Jerry, the smartphone app, is an insurance broker you carry in your pocket. If you’re looking for a new insurance plan, Jerry can help you find the best deals in under a minute and our agents can even help you to cancel your old policy.

Here to save on car and home insurance? Great, you do that. We’ll do everything else.

Sign up in under a minute.
No need to fill out forms or shop around. Sign up in 45 seconds to start saving. Jerry does the rest.
Jerry collects and analyzes your current coverage.
Say hello to Jerry, your new insurance agent. We’ll contact your insurance company, review your current plan, then find the coverage that fits your needs and saves you money.
Get the best options before your renewal.
Jerry does all the picky, busy work by comparing prices and coverage from more than 50+ insurance companies. We compare what we find to your current policy and offer you the three best options before every renewal.

Easiest way to compare and buy car insurance

√
No long forms
√
No spam or unwanted phone calls
√
Quotes from top insurance companies
Find insurance savings — it's 100% free