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What is the average cost to charge an electric car?
I know an electric car will save me some money on fuel expenses, but will it make my electric bill astronomical? What is the average cost to charge an electric car?
Allison Stone · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Great question! The cost of charging your electric car will vary based on the cost of electricity in your area and how much you drive. Based on nationwide driving averages and electricity costs, right now charging an electric car will cost about $55 per month.
Here’s how we got to that number:
- The average electric car gets 3 to 4 miles per kWh.
- The average U.S. household pays about 14 cents per kWh in electricity.
- Americans drive an average of about 14,200 miles annually, or 1,183 miles per month.
- At 14 cents per kilowatt, that would cost $55 per month to charge an electric car.
Driving an electric vehicle can save you big on your monthly car expenses compared to a gas-powered vehicle. The average passenger vehicle in the U.S. gets about 25 miles per gallon. At even $3 per gallon, after 1,000 miles you’re spending $120 on gas. That’s more than double what you would spend powering a 34 kWh electric car while paying the national average of 13 cents per kilowatt.
Once you download Jerry, answer a handful of questions that will take you roughly 45 seconds to complete and you’ll immediately get car insurance quotes for coverage similar to your current plan. Jerry customers save an average of over $800 a year.
View full answer
- Gregory R.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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