EV vs gas cost in New York
Current fuel prices: $4.26/gal gasoline (state average, week of 2026-08-31) and 29.49¢/kWh residential electricity (2026-06). Typical EV: 37 kWh/100mi.
Monthly fuel cost — 1,000 miles
Typical EV (home charging)
$109
$0.109/mi
25 MPG gas car
$170
$0.17/mi
30 MPG gas car
$142
$0.142/mi
35 MPG gas car
$122
$0.122/mi
Yearly savings with an EV in New York
| Compared to | Fuel for 12,000 mi/yr | EV fuel for 12,000 mi/yr | Yearly saving |
|---|---|---|---|
| 25 MPG gas car | $2,045 | $1,309 | $735 |
| 30 MPG gas car | $1,704 | $1,309 | $395 |
| 35 MPG gas car | $1,461 | $1,309 | $151 |
New York fuel FAQ
Is an EV actually cheaper to fuel in New York?
Yes. At $4.26/gal, a 30 MPG car costs $0.142 per mile in gas, while a typical EV costs $0.109 per mile charged at home (29.49¢/kWh). That's roughly $0.033 saved per mile — about $395 per year at 12,000 miles.
How much gas does the average driver use in New York?
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 New York gas expensive compared to other states?
New York ranks #39 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.