How much do I save on EV fuel costs moving from New York to New Jersey?

Switching from New York to New Jersey saves about $154/year on EV home charging at 12,000 miles/year. Over 5 years that's roughly $770 — before accounting for any public charging.

How do New York and New Jersey electricity rates compare to the national average?

The national average residential electricity rate is 16.1¢/kWh ($508/year for 12,000 EV miles). New York at 23.1¢/kWh is 7.0¢ above the national average. New Jersey at 18.2¢/kWh is 2.1¢ above.

How much does an EV save vs gas in New York vs New Jersey?

At current gas prices, a 28-MPG gas car costs $1551/year to fuel in New York — an EV saves roughly $822/year there. In New Jersey, the gas cost runs $1406/year, making the EV savings about $831/year. Both states favor EVs on fuel cost; the margin just differs.

EV Charging Cost: New York vs New Jersey (2026)

Q: Is EV charging cheaper in New York or New Jersey?

New Jersey has lower home electricity rates for EV charging — New York averages 23.1¢/kWh vs. 18.2¢/kWh in New Jersey. At 12,000 miles/year (3.8 mi/kWh), that's $729/year in New York vs. $575/year in New Jersey — a $154/year difference.

New Jersey electricity runs 18.2¢/kWh vs 23.1¢/kWh in New York. At 12,000 miles/year, that's $154/year less to charge at home.

New York

23.1¢

per kWh

$729/year

+7.0¢ vs national avg

New Jersey

18.2¢

per kWh

$575/year

+2.1¢ vs national avg

New York vs New Jersey — EV Charging Breakdown

Home charging at 12,000 miles/year (3.8 mi/kWh efficiency). Green = lower cost.

Metric	New York	New Jersey	National Avg
Electricity rate	23.1¢/kWh	18.2¢/kWh ✓	16.1¢/kWh
Cost per mile (EV)	6.1¢/mi	4.8¢/mi ✓	4.2¢/mi
Annual home charging	$729/yr	$575/yr ✓	$508/yr
Gas savings vs EV	$822/yr	$831/yr ✓	—

EIA 2025 residential rates. 12,000 mi/year at 3.8 mi/kWh. Gas savings vs. 28 MPG car at state avg pump price. Home charging only — public L2 runs ~2–3× more, DCFC ~3–4×.

Annual Cost Impact

At 12,000 miles/year, home EV charging costs $729/year in New York vs $575/year in New Jersey. New Jersey comes out $154/year ahead.

Monthly savings

$13

Annual savings

$154

5-year savings

$770

Rate difference

4.9¢

Savings = New York minus New Jersey home charging cost at 12,000 miles/year.

Frequently Asked Questions

Is EV charging cheaper in New York or New Jersey?

New Jersey at 18.2¢/kWh vs. 23.1¢/kWh in New York. At 12,000 miles/year, that gap is $154/year — real money over a 5-year lease or ownership period.

How much does an EV cost to charge annually in each state?

At home (100% home charging): New York runs $729/year, New Jersey runs $575/year. Switching from public L2 charging adds roughly 2.5× on top of the home rate.

How much does an EV save on fuel vs. a gas car in New York?

In New York, a 28-MPG gas car costs about $1551/year in fuel. An EV at 23.1¢/kWh costs $729/year — roughly $822/year less.

Do electricity rates vary within a state?

Yes. Statewide averages hide real spread between utilities. California's PG&E customers pay well above the state average, while LADWP customers pay less. If you're buying an EV, check your specific utility's EV rate — many offer off-peak discounts that cut the effective rate by 30–50%.

Related Comparisons

New York vs Florida → Massachusetts vs New York → Pennsylvania vs New Jersey → Connecticut vs New York →

See full breakdown: EV charging in New York · EV charging in New Jersey · All state comparisons · EV vs gas by state