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Cost Calculation Formula:
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The Gas Vs Ev Cost Calculator compares the operating cost per mile between gasoline vehicles and electric vehicles. It helps users understand the financial implications of their transportation choices based on fuel efficiency and energy prices.
The calculator uses the cost formula:
Where:
Explanation: The formula calculates the total cost by determining how much fuel/energy is needed for the distance and multiplying by the unit price.
Details: Comparing gas vs EV costs helps consumers make informed decisions about vehicle purchases, understand long-term operating expenses, and evaluate the financial benefits of switching to electric transportation.
Tips: Enter distance in miles, vehicle efficiency (mpg for gas vehicles, mi/kWh for EVs), and the current fuel/energy price. All values must be positive numbers for accurate calculation.
Q1: What's the typical efficiency for gas vehicles vs EVs?
A: Gas vehicles average 20-30 mpg, while EVs typically get 3-4 mi/kWh. Actual efficiency varies by vehicle model and driving conditions.
Q2: How do fuel prices compare between gas and electricity?
A: Electricity prices are generally more stable and lower per energy unit, but regional variations exist. Gas prices fluctuate more frequently.
Q3: Should I include maintenance costs in this comparison?
A: This calculator focuses on fuel costs only. EVs typically have lower maintenance costs, which would further improve their cost advantage.
Q4: How accurate is this cost comparison?
A: It provides a good estimate of direct energy costs but doesn't account for factors like battery degradation, charging efficiency losses, or time-of-use electricity rates.
Q5: Can I use this for hybrid vehicles?
A: For hybrids, use their combined mpg rating and current gas prices to calculate cost per mile using the same formula.