EV vs Gas Savings in Indiana (2026)
Indiana electricity averages 12.5¢/kWh and gas runs $3.15/gallon. Driving an EV 12,000 miles costs $429/year in fuel. A 30 MPG gas car costs $1260/year.
Annual savings
$831
per year
5-year savings
$4,155
fuel only
EV fuel/yr
$429
12.5¢/kWh
Gas fuel/yr
$1,260
$3.15/gal
Indiana beats the national average
The national average EV fuel savings is $728/year. Indiana comes in $103/year higher. The below-average electricity rate (12.5¢ vs 16.1¢ national) drives most of the advantage.
Indiana EV vs gas: the full cost breakdown
| EV | Gas car | |
|---|---|---|
| Fuel rate | 12.5¢/kWh | $3.15/gal |
| Efficiency | 3.5 mi/kWh | 30 MPG |
| Annual fuel cost (12,000 mi) | $429 | $1,260 |
| 5-year fuel cost | $2,145 | $6,300 |
| EV fuel savings | $831/yr · $4,155 over 5 years | |
12,000 mi/yr · 3.5 mi/kWh EV · 30 MPG gas car · 2026 EIA and GasBuddy data · home charging only
Electricity: 12.5¢/kWh
3.6¢ below the national average of 16.1¢/kWh. At this rate, charging a 75 kWh battery pack from empty costs $9.38.
Source: EIA 2026 residential rates
Gas: $3.15/gallon
$0.05 below the national average of $3.2/gal. Filling a 15-gallon tank costs $47.25 in Indiana.
Source: GasBuddy 2026 state averages
More EV data for Indiana