EV Running Cost Calculator
Beyond charging: the true running cost of an EV — per kilometer, per month and per year, including maintenance, insurance, tires and charging.
EVs wear tires a bit faster.
Cost per km
Per month
Per year
vs petrol equivalent
Where the money goes (per year)
Frequently asked questions
What does it really cost to run an EV per km?
A home-charged EV costs roughly $0.02-0.04 per km (15-18 kWh/100km at $0.15/kWh). Including maintenance and insurance, the all-in cost is about $0.06-0.10 per km.
How much does an EV cost per month?
Charging a car driven 1,500 km/month costs $40-70 at home rates. Adding insurance, maintenance and depreciation, a realistic monthly budget is $200-500 depending on the car.
Why is my EV cheaper to run in the city?
Low speeds and regenerative braking make city driving the most efficient. Highway and winter driving push consumption up, raising the per-km cost.
What is the most expensive part of EV ownership?
Depreciation — not charging. A new EV loses 40-55% of value in 5 years, often exceeding the total energy cost. Buying used avoids the steepest part of that curve.