How much cheaper is an EV vs a gas car in Minnesota?

In Minnesota, an EV costs about $490/year in electricity at 14.3¢/kWh for 12,000 miles. A 30 MPG gas car at $3.15/gallon costs $1,260/year. The annual fuel saving is $770 — $3,850 over 5 years.

What is the electricity rate for EV charging in Minnesota?

Minnesota's average residential electricity rate is 14.3¢/kWh — 1.8¢ below the national average of 16.1¢/kWh. At that rate, a full charge of a 75 kWh battery pack costs $10.73. Charging 12,000 miles per year costs $490.

What is the gas price in Minnesota?

Minnesota averages $3.15/gallon in 2026 — $0.05 below the national average of $3.2/gal. At 30 MPG and 12,000 miles/year, that's $1,260 in annual fuel costs for a gas car.

EV vs Gas Cost in Minnesota (2026)

Q: What EV incentives are available in Minnesota?

Minnesota offers a $2,500 state EV rebate. Minnesota EV Rebate: up to $2,500 for new BEV. Income limit of $150K single / $225K joint. Apply through MNcleancar.org.

Minnesota electricity averages 14.3¢/kWh. Gas is $3.15/gallon. Driving an EV 12,000 miles costs $490/year vs $1,260/year for a 30 MPG gas car.

Annual savings

$770

per year

5-year savings

$3,850

fuel only

EV/mile

4.1¢

vs 10.5¢ gas

State rebate

$2,500

available

Minnesota beats the national average

National average EV fuel savings: $728/year. Minnesota comes in $42/year higher. Electricity at 14.3¢/kWh is 1.8¢ below the national average.

Minnesota: EV vs gas full breakdown

	EV	Gas car (30 MPG)
Fuel rate	14.3¢/kWh	$3.15/gal
Cost per mile	4.1¢/mile	10.5¢/mile
Annual fuel (12,000 mi)	$490	$1,260
5-year fuel	$2,450	$6,300
Annual fuel savings	$770/yr · $3,850 over 5 years

3.5 mi/kWh EV efficiency · 30 MPG gas car · home charging · 2026 EIA electricity rates and GasBuddy gas prices

Minnesota savings calculator — adjust for your situation

Miles per year

Gas car MPG

EV efficiency (mi/kWh)

EV annual fuel

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Gas annual fuel

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Annual savings

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Electricity: 14.3¢/kWh · Gas: $3.15/gal · Minnesota 2026 rates

Minnesota EV incentives (2026)

State rebate: up to $2,500

Minnesota EV Rebate: up to $2,500 for new BEV. Income limit of $150K single / $225K joint. Apply through MNcleancar.org.

Electricity: 14.3¢/kWh

1.8¢ below the national average of 16.1¢/kWh. A full 75 kWh battery charge costs $10.73.

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 Minnesota.

Source: GasBuddy 2026 state averages

EV charging availability in Minnesota

Decent coverage

Public charging in Minnesota covers major metro areas and interstate corridors. Rural coverage is improving. Home charging handles most daily needs.

Home vs public charging costs in Minnesota → Tesla Supercharger rates in Minnesota →

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More Minnesota EV data

Charging costs in Minnesota Cost per mile in Minnesota Full incentives for Minnesota EV savings in Minnesota