Florida EV charging vs. gas costs
Florida's average residential electricity rate is 15.38¢/kWh,below the national average by 18%. Gasoline averages $3.73/gallon, below the national average by 2%. That ranks Florida #19 of 51 for cheapest electricity and #27 for cheapest gas.
Cost per mile in Florida
Charging an EV at 3.5 mi/kWh on Florida's 15.38¢/kWh residential rate works out to about 4.4¢ per mile. A gas car at 28 MPG paying $3.73/gallon pays about 13.3¢ per mile — roughly 3.0× as much per mile driven.
Example: 12,000 miles a year in Florida
A gas car at 28 MPG driving 12,000 miles a year in Florida spends about $1,599 on gasoline. An EV at 3.5 mi/kWh charging at home over the same distance spends about $527 on electricity — a difference of $1,071 a year, or about $5,356 over five years.
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Frequently asked questions
Is it cheaper to drive an EV or a gas car in Florida?
In Florida, an EV charging at home costs about 4.4¢ per mile, versus about 13.3¢ per mile for a 28 MPG gas car at the state's $3.73/gallon average. The EV is cheaper to fuel per mile.
How much can an EV save per year in Florida?
Driving 12,000 miles a year, an EV owner in Florida spends about $527 on home charging versus $1,599 on gasoline — a saving of roughly $1,071 per year, or $5,356 over five years.