EVGasCompare

EV vs Gas Savings in Michigan (2026)

Michigan electricity averages 15.2¢/kWh and gas runs $3.45/gallon. Driving an EV 12,000 miles costs $521/year in fuel. A 30 MPG gas car costs $1380/year.

Annual savings

$859

per year

5-year savings

$4,295

fuel only

EV fuel/yr

$521

15.2¢/kWh

Gas fuel/yr

$1,380

$3.45/gal

Michigan beats the national average

The national average EV fuel savings is $728/year. Michigan comes in $131/year higher. Cheap electricity (15.2¢/kWh) plus high gas ($3.45/gal) is a strong combination.

Michigan EV vs gas: the full cost breakdown

EV Gas car
Fuel rate 15.2¢/kWh $3.45/gal
Efficiency 3.5 mi/kWh 30 MPG
Annual fuel cost (12,000 mi) $521 $1,380
5-year fuel cost $2,605 $6,900
EV fuel savings $859/yr · $4,295 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: 15.2¢/kWh

0.9¢ below the national average of 16.1¢/kWh. At this rate, charging a 75 kWh battery pack from empty costs $11.4.

Source: EIA 2026 residential rates

Gas: $3.45/gallon

$0.25 above the national average of $3.2/gal. Filling a 15-gallon tank costs $51.75 in Michigan.

Source: GasBuddy 2026 state averages