EV vs gas cost in New York
Regular gas is $4.45 a gallon (state average, week of 2026-10-19) and home electricity is 28.65¢/kWh (2026-08). A typical EV (31.5 kWh per 100 miles) saves about $695 a year against a 30 MPG car.
Gas is down 4.1¢ since last week. Prices for the week of October 19, 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 | $0.178 | $178 | $2,134 | $1,051 |
| 30 MPG gas car | $0.148 | $148 | $1,778 | $695 |
| 35 MPG gas car | $0.127 | $127 | $1,524 | $441 |
Questions about EV vs gas in New York
Is an EV cheaper to fuel in New York?
Yes. At $4.45/gal a 30 MPG car costs $0.148 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 $695 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 #40 of 51, where 1 is the cheapest gas. Prices run from $3.81 in Texas to $6.15 in California. The higher the gas price, the sooner an EV's purchase premium pays back.