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EV vs Gas Savings in Mississippi (2026)

Mississippi electricity averages 12.2¢/kWh and gas runs $2.88/gallon. Driving an EV 12,000 miles costs $418/year in fuel. A 30 MPG gas car costs $1152/year.

Annual savings

$734

per year

5-year savings

$3,670

fuel only

EV fuel/yr

$418

12.2¢/kWh

Gas fuel/yr

$1,152

$2.88/gal

Mississippi beats the national average

The national average EV fuel savings is $728/year. Mississippi comes in $6/year higher. The below-average electricity rate (12.2¢ vs 16.1¢ national) drives most of the advantage.

Mississippi EV vs gas: the full cost breakdown

EV Gas car
Fuel rate 12.2¢/kWh $2.88/gal
Efficiency 3.5 mi/kWh 30 MPG
Annual fuel cost (12,000 mi) $418 $1,152
5-year fuel cost $2,090 $5,760
EV fuel savings $734/yr · $3,670 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: 12.2¢/kWh

3.9¢ below the national average of 16.1¢/kWh. At this rate, charging a 75 kWh battery pack from empty costs $9.15.

Source: EIA 2026 residential rates

Gas: $2.88/gallon

$0.32 below the national average of $3.2/gal. Filling a 15-gallon tank costs $43.2 in Mississippi.

Source: GasBuddy 2026 state averages