EV vs gas cost in New York
Regular gas is $4.38 a gallon (state average, week of 2026-10-26) and home electricity is 28.65¢/kWh (2026-08). A typical EV (31.5 kWh per 100 miles) saves about $669 a year against a 30 MPG car.
Gas is down 6.5¢ 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 | $0.090 | $90 | $1,083 | – |
| 25 MPG gas car | $0.175 | $175 | $2,103 | $1,020 |
| 30 MPG gas car | $0.146 | $146 | $1,752 | $669 |
| 35 MPG gas car | $0.125 | $125 | $1,502 | $419 |
Questions about EV vs gas in New York
Is an EV cheaper to fuel in New York?
Yes. At $4.38/gal a 30 MPG car costs $0.146 per mile in gas. A typical EV charged at home costs $0.090 per mile at 28.65¢/kWh. Over 12,000 miles that is $669 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 New York expensive compared with other states?
New York ranks #38 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.