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EV vs Gas Cost Calculator
Annual energy costs and price-premium payback. Use Tinkkit’s free ev vs gas cost calculator directly in your browser.
Tip from Tink: Compare charging prices you actually pay at home and on the road.
Yearly energy saving
$1,080.00
EV energy / year
$600.00
Gas fuel / year
$1,680.00
Premium payback
4.63 years
Estimate only, not financial advice. Energy comparison excludes maintenance, insurance, tax, resale and financing.
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How to use the EV vs Gas Cost Calculator
- Enter your measurements or details.
- Adjust the assumptions for your situation.
- Read the result.
Everything runs in your browser. Nothing you enter is uploaded.
Comparing EV and gas running costs
EV cost = km ÷ 100 × kWh/100 km × price ÷ efficiency Gas cost = km ÷ 100 × L/100 km × fuel price
- Work out a year of electricity cost, allowing for charging losses.
- Work out a year of fuel cost.
- Divide the EV's extra purchase price by the yearly saving to get a payback time.
Quick reference
| Car | Use | Price | Per year |
|---|---|---|---|
| EV | 18 kWh/100 km | $0.20/kWh | $600 |
| Gas | 7 L/100 km | $1.60/L | $1,680 |
Frequently asked questions
Does this include maintenance?
No. It compares energy only. It is an estimate, not financial advice.