Michigan EV charging vs. gas costs
Michigan's average residential electricity rate is 21.39¢/kWh,above the national average by 14%. Gasoline averages $3.91/gallon, above the national average by 3%. That ranks Michigan #37 of 51 for cheapest electricity and #38 for cheapest gas.
Cost per mile in Michigan
Charging an EV at 3.5 mi/kWh on Michigan's 21.39¢/kWh residential rate works out to about 6.1¢ per mile. A gas car at 28 MPG paying $3.91/gallon pays about 14.0¢ per mile — roughly 2.3× as much per mile driven.
Example: 12,000 miles a year in Michigan
A gas car at 28 MPG driving 12,000 miles a year in Michigan spends about $1,676 on gasoline. An EV at 3.5 mi/kWh charging at home over the same distance spends about $733 on electricity — a difference of $942 a year, or about $4,712 over five years.
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Frequently asked questions
Is it cheaper to drive an EV or a gas car in Michigan?
In Michigan, an EV charging at home costs about 6.1¢ per mile, versus about 14.0¢ per mile for a 28 MPG gas car at the state's $3.91/gallon average. The EV is cheaper to fuel per mile.
How much can an EV save per year in Michigan?
Driving 12,000 miles a year, an EV owner in Michigan spends about $733 on home charging versus $1,676 on gasoline — a saving of roughly $942 per year, or $4,712 over five years.