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EV Charging Cost Calculator

Calculate the cost to charge an electric vehicle at home or public charging stations. Enter values for instant results with step-by-step formulas.

Reviewed by Daniel Agrici, Founder & Lead Developer

Reviewed by Daniel Agrici, Founder & Lead Developer

Formula

Energy Needed = Battery ร— (Target% - Current%) / 100 | Cost = Energy ร— Rate

Home charging (Level 2) is cheapest at ~$0.12/kWh. Public fast chargers: $0.30-0.60/kWh. Charging to 80% is most efficient.

Worked Examples

Example 1: 60kWh battery 20โ†’80%

Problem:60kWh battery, 20% to 80%, $0.12/kWh

Solution:36kWh ร— $0.12 = $4.32

Result:$4.32 (Level 2: 5 hrs)

Example 2: Public DC fast charging top-up

Problem:A 75 kWh battery is charged from 15% to 80% at a public DC fast charger billing $0.35/kWh.

Solution:Energy needed = 75 ร— (80 - 15) / 100 = 48.75 kWh\nCost = 48.75 ร— $0.35 = $17.06\nDC fast time โ‰ˆ 48.75 / 50 = 0.98 hrs (โ‰ˆ59 min, before tapering above 80%)

Result:$17.06 for the session (โ‰ˆ59 minutes at 50kW)

Frequently Asked Questions

How do I estimate EV range and charging costs?

EV range depends on battery size (kWh), efficiency (miles per kWh, typically 3-4), temperature, speed, and terrain. Charging cost = battery size x electricity rate / charger efficiency (about 90%). At $0.15/kWh, fully charging a 75 kWh battery costs about $12.50.

How do I calculate fuel cost per mile?

Divide the price per gallon by your vehicle's MPG. At $3.50/gallon with 28 MPG, your fuel cost is $0.125 per mile. For total driving costs including maintenance, insurance, and depreciation, the IRS standard mileage rate (67 cents/mile in 2024) provides a rough benchmark.

References

Reviewed by Daniel Agrici, Founder & Lead Developer ยท Editorial policy