EV vs gas cost in Colorado
Current fuel prices: $4.29/gal gasoline (state average, week of 2026-08-31) and 17.13¢/kWh residential electricity (2026-06). Typical EV: 37 kWh/100mi.
Monthly fuel cost — 1,000 miles
Typical EV (home charging)
$63
$0.063/mi
25 MPG gas car
$171
$0.171/mi
30 MPG gas car
$143
$0.143/mi
35 MPG gas car
$122
$0.122/mi
Yearly savings with an EV in Colorado
| Compared to | Fuel for 12,000 mi/yr | EV fuel for 12,000 mi/yr | Yearly saving |
|---|---|---|---|
| 25 MPG gas car | $2,057 | $761 | $1,297 |
| 30 MPG gas car | $1,714 | $761 | $954 |
| 35 MPG gas car | $1,469 | $761 | $709 |
Colorado fuel FAQ
Is an EV actually cheaper to fuel in Colorado?
Yes. At $4.29/gal, a 30 MPG car costs $0.143 per mile in gas, while a typical EV costs $0.063 per mile charged at home (17.13¢/kWh). That's roughly $0.079 saved per mile — about $954 per year at 12,000 miles.
How much gas does the average driver use in Colorado?
At 1,000 miles/month in a 30 MPG car, 33 gallons/month (400 gallons/year). The same miles in a typical EV use 370 kWh/month of electricity.
Is Colorado gas expensive compared to other states?
Colorado ranks #40 of 51 (1 = cheapest gas). The national spread runs from Texas at $3.69 to California at $5.63 per gallon. The higher your gas price, the faster an EV pays for its price premium.