EV vs gas cost in Md
Current fuel prices: $4.24/gal gasoline (PADD 1B (Central Atlantic), week of 2026-08-31) and 21.84¢/kWh residential electricity (2026-06). Typical EV: 37 kWh/100mi.
Monthly fuel cost — 1,000 miles
Typical EV (home charging)
$81
$0.081/mi
25 MPG gas car
$170
$0.17/mi
30 MPG gas car
$141
$0.141/mi
35 MPG gas car
$121
$0.121/mi
Yearly savings with an EV in Md
| Compared to | Fuel for 12,000 mi/yr | EV fuel for 12,000 mi/yr | Yearly saving |
|---|---|---|---|
| 25 MPG gas car | $2,037 | $970 | $1,067 |
| 30 MPG gas car | $1,698 | $970 | $728 |
| 35 MPG gas car | $1,455 | $970 | $485 |
Md fuel FAQ
Is an EV actually cheaper to fuel in Md?
Yes. At $4.24/gal, a 30 MPG car costs $0.141 per mile in gas, while a typical EV costs $0.081 per mile charged at home (21.84¢/kWh). That's roughly $0.061 saved per mile — about $728 per year at 12,000 miles.
How much gas does the average driver use in Md?
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 Md gas expensive compared to other states?
Md ranks #36 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.