Mississippi EV charging vs. gas costs
Mississippi's average residential electricity rate is 16.76¢/kWh,below the national average by 11%. Gasoline averages $3.42/gallon, below the national average by 10%. That ranks Mississippi #27 of 51 for cheapest electricity and #6 for cheapest gas.
Cost per mile in Mississippi
Charging an EV at 3.5 mi/kWh on Mississippi's 16.76¢/kWh residential rate works out to about 4.8¢ per mile. A gas car at 28 MPG paying $3.42/gallon pays about 12.2¢ per mile — roughly 2.6× as much per mile driven.
Example: 12,000 miles a year in Mississippi
A gas car at 28 MPG driving 12,000 miles a year in Mississippi spends about $1,466 on gasoline. An EV at 3.5 mi/kWh charging at home over the same distance spends about $575 on electricity — a difference of $891 a year, or about $4,455 over five years.
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Frequently asked questions
Is it cheaper to drive an EV or a gas car in Mississippi?
In Mississippi, an EV charging at home costs about 4.8¢ per mile, versus about 12.2¢ per mile for a 28 MPG gas car at the state's $3.42/gallon average. The EV is cheaper to fuel per mile.
How much can an EV save per year in Mississippi?
Driving 12,000 miles a year, an EV owner in Mississippi spends about $575 on home charging versus $1,466 on gasoline — a saving of roughly $891 per year, or $4,455 over five years.