Missouri EV charging vs. gas costs
Missouri's average residential electricity rate is 14.01¢/kWh,below the national average by 26%. Gasoline averages $3.47/gallon, below the national average by 8%. That ranks Missouri #8 of 51 for cheapest electricity and #12 for cheapest gas.
Cost per mile in Missouri
Charging an EV at 3.5 mi/kWh on Missouri's 14.01¢/kWh residential rate works out to about 4.0¢ per mile. A gas car at 28 MPG paying $3.47/gallon pays about 12.4¢ per mile — roughly 3.1× as much per mile driven.
Example: 12,000 miles a year in Missouri
A gas car at 28 MPG driving 12,000 miles a year in Missouri spends about $1,487 on gasoline. An EV at 3.5 mi/kWh charging at home over the same distance spends about $480 on electricity — a difference of $1,007 a year, or about $5,034 over five years.
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Frequently asked questions
Is it cheaper to drive an EV or a gas car in Missouri?
In Missouri, an EV charging at home costs about 4.0¢ per mile, versus about 12.4¢ per mile for a 28 MPG gas car at the state's $3.47/gallon average. The EV is cheaper to fuel per mile.
How much can an EV save per year in Missouri?
Driving 12,000 miles a year, an EV owner in Missouri spends about $480 on home charging versus $1,487 on gasoline — a saving of roughly $1,007 per year, or $5,034 over five years.