EVGasCompare

EV vs Gas Cost Per Mile in New York (2026)

At 23.1¢/kWh electricity and $3.62/gallon gas, EVs cost 6.08¢/mile vs 12.93¢/mile for a 28 MPG gas car — 53% less per mile. That's $822/year savings on 12,000 miles.

6.08¢
EV Cost Per Mile
12.93¢
Gas Cost Per Mile
6.85¢
Saved Per Mile
$822
Annual Savings

Cost Per Mile: EV vs Gas in New York

EV (home)
6.08¢
6.08¢/mi
Gas (28 MPG)
12.93¢
12.93¢/mi
Vehicle Type Fuel Cost Efficiency Cost Per Mile 12,000 mi/yr
EV (home charging) 23.1¢/kWh 3.8 mi/kWh 6.08¢ $729
Gas car (28 MPG) $3.62/gal 28 MPG 12.93¢ $1551

EV assumes 3.8 mi/kWh (Tesla Model 3 / Equinox EV efficiency range), 12,000 miles/year, 100% home charging. Electricity rate: EIA 2025 residential average for New York. Gas price: AAA 2024 state average.

Annual Fuel Cost in New York: EV vs Gas

EV (home charging)
$729
per year, 12,000 miles
6.08¢/mile at 23.1¢/kWh
Gas car (28 MPG)
$1551
per year, 12,000 miles
12.93¢/mile at $3.62/gal
EV home charging saves $822/year in New York (5-year: $4,110)

EV Cost Per Mile in New York: What the Numbers Mean

New York's residential electricity rate of 23.1¢/kWh translates to 6.08¢ per mile for home charging, assuming 3.8 miles per kWh. That puts New York near the national average — a solid state for EV ownership from a fuel cost standpoint.

At $3.62/gallon (#{@state[:name]} average), a 28 MPG gas car costs 12.93¢ per mile. The per-mile gap between EV and gas is 6.85¢ — 53% cheaper for the EV. Over 12,000 miles per year, that's $822 saved.

Most New York utilities offer time-of-use (TOU) rates for overnight EV charging that can reduce the home rate by 2–5¢/kWh. If you charge overnight, ask your utility — even small rate reductions compound over 12,000+ miles per year.

New York vs National Average: Cost Per Mile

Location Electricity Rate EV ¢/mile Gas ¢/mile EV Advantage
New York 23.1¢/kWh 6.08¢ 12.93¢ 53% less
National Average 16.1¢/kWh 4.24¢ 11.43¢ 63% less

Frequently Asked Questions

What is the EV cost per mile in New York?

At New York's residential electricity rate of 23.1¢/kWh, a typical EV (3.8 miles per kWh) costs 6.08¢ per mile to charge at home. Driving 12,000 miles per year costs $729 in fuel.

How does New York compare to the national average for EV cost per mile?

The national average EV home charging cost is 4.24¢/mile (at 16.1¢/kWh). New York's rate of 23.1¢/kWh puts its EV cost at 6.08¢/mile — 1.84¢ above the national average. EVs still beat gas here, but by a smaller margin than low-rate states.

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

In New York, a 28 MPG gas car at $3.62/gallon costs 12.93¢/mile. An EV costs 6.08¢/mile at home. The per-mile savings is 6.85¢ — 53% less per mile. Over 12,000 miles per year, that's $822 saved annually in fuel.

Does cost per mile include maintenance?

These figures cover fuel only. Adding maintenance, the EV advantage grows further. Gas cars average $1,200–$1,500/year in maintenance (oil changes, transmission, spark plugs). EVs average $400–$900/year. At 12,000 miles/year, total running costs in New York: gas car approximately 22.9–24.9¢/mile all-in vs 10.1–13.1¢/mile for an EV.

Data Sources

Electricity rate for New York: U.S. Energy Information Administration (EIA) Electric Power Monthly, 2025 residential averages. Gas price: AAA 2024 state average. EV efficiency: 3.8 mi/kWh (Tesla Model 3 / Chevy Equinox EV range). Last updated: March 2026.