Minnesota EV charging vs. gas costs
Minnesota's average residential electricity rate is 16.39¢/kWh,below the national average by 13%. Gasoline averages $3.59/gallon, below the national average by 5%. That ranks Minnesota #25 of 51 for cheapest electricity and #19 for cheapest gas.
Cost per mile in Minnesota
Charging an EV at 3.5 mi/kWh on Minnesota's 16.39¢/kWh residential rate works out to about 4.7¢ per mile. A gas car at 28 MPG paying $3.59/gallon pays about 12.8¢ per mile — roughly 2.7× as much per mile driven.
Example: 12,000 miles a year in Minnesota
A gas car at 28 MPG driving 12,000 miles a year in Minnesota spends about $1,539 on gasoline. An EV at 3.5 mi/kWh charging at home over the same distance spends about $562 on electricity — a difference of $977 a year, or about $4,883 over five years.
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Frequently asked questions
Is it cheaper to drive an EV or a gas car in Minnesota?
In Minnesota, an EV charging at home costs about 4.7¢ per mile, versus about 12.8¢ per mile for a 28 MPG gas car at the state's $3.59/gallon average. The EV is cheaper to fuel per mile.
How much can an EV save per year in Minnesota?
Driving 12,000 miles a year, an EV owner in Minnesota spends about $562 on home charging versus $1,539 on gasoline — a saving of roughly $977 per year, or $4,883 over five years.