State data

Maryland EV charging vs. gas costs

Maryland's average residential electricity rate is 22.07¢/kWh,above the national average by 17%. Gasoline averages $3.7/gallon, below the national average by 2%. That ranks Maryland #39 of 51 for cheapest electricity and #26 for cheapest gas.

Source: U.S. Energy Information Administration (EIA), Electric Power Monthly Table 5.6.A, average residential price (April 2026); AAA Daily Fuel Gauge Report, state average regular gasoline price (July 7, 2026). Data last updated: 2026-07-07.
Electricity rate
22.07¢/kWh
Gasoline price
$3.7/gal
Est. annual EV savings
$829

Cost per mile in Maryland

Charging an EV at 3.5 mi/kWh on Maryland's 22.07¢/kWh residential rate works out to about 6.3¢ per mile. A gas car at 28 MPG paying $3.7/gallon pays about 13.2¢ per mile — roughly 2.1× as much per mile driven.

Example: 12,000 miles a year in Maryland

A gas car at 28 MPG driving 12,000 miles a year in Maryland spends about $1,586 on gasoline. An EV at 3.5 mi/kWh charging at home over the same distance spends about $757 on electricity — a difference of $829 a year, or about $4,145 over five years.

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Frequently asked questions

Is it cheaper to drive an EV or a gas car in Maryland?

In Maryland, an EV charging at home costs about 6.3¢ per mile, versus about 13.2¢ per mile for a 28 MPG gas car at the state's $3.7/gallon average. The EV is cheaper to fuel per mile.

How much can an EV save per year in Maryland?

Driving 12,000 miles a year, an EV owner in Maryland spends about $757 on home charging versus $1,586 on gasoline — a saving of roughly $829 per year, or $4,145 over five years.

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