EV vs gas cost in Colorado
Regular gas is $4.62 a gallon (state average, week of 2026-10-26) and home electricity is 17.17¢/kWh (2026-08). A typical EV (31.5 kWh per 100 miles) saves about $1,197 a year against a 30 MPG car.
Gas is up 18.7¢ since last week. Prices for the week of October 26, 2026.
Fuel cost for 1,000 miles a month
| Car | Per mile | Per month | Per year | EV saves per year |
|---|---|---|---|---|
| Typical EV, home charging | $0.054 | $54 | $649 | – |
| 25 MPG gas car | $0.185 | $185 | $2,216 | $1,567 |
| 30 MPG gas car | $0.154 | $154 | $1,846 | $1,197 |
| 35 MPG gas car | $0.132 | $132 | $1,583 | $934 |
Questions about EV vs gas in Colorado
Is an EV cheaper to fuel in Colorado?
Yes. At $4.62/gal a 30 MPG car costs $0.154 per mile in gas. A typical EV charged at home costs $0.054 per mile at 17.17¢/kWh. Over 12,000 miles that is $1,197 a year.
How much fuel does a typical driver use?
At 1,000 miles a month a 30 MPG car burns 33 gallons a month, 400 a year. A typical EV uses 315 kWh of electricity for the same miles.
Is gas in Colorado expensive compared with other states?
Colorado ranks #44 of 51, where 1 is the cheapest gas. Prices run from $3.74 in Texas to $6.00 in California. The higher the gas price, the sooner an EV's purchase premium pays back.