EV vs Gas in Virginia: Which Is Cheaper in 2026?

A Virginia driver covering 13,400 miles a year pays about $973 to charge an EV versus $2,020 to fuel a 26 MPG petrol car. Electric saves about $1,048 a year — about 52% less.

EV vs gas calculator — Virginia

Fuel cost only. Change anything to see the gap move.

EV is cheaper to fuel by

$1,048

per year · $5,238 over 5 years

Electric per year

$973

7.3¢ / mile

Gasoline per year

$2,020

15.1¢ / mile

Electricity needed4,254 kWh
Blended charging price22.9¢ / kWh
Gas breaks even at$1.89 / gal

The numbers behind it

Average electricity rate16.58¢ / kWh
Average gas price$3.92 / gal
Miles driven per year13,400
EV efficiency assumed3.5 mi / kWh
Petrol car assumed26 MPG
Electricity needed4,254 kWh
Gasoline needed515 gal
EV fuel cost (80% home)$973
EV fuel cost (100% home)$705
Gas fuel cost$2,020
Cost per mile — electric7.3¢
Cost per mile — gas15.1¢
Annual difference$1,048
5-year difference$5,238
Break-even gas price$1.89 / gal

Home charging is the whole ballgame

In Virginia a public fast charge costs roughly 2.9× the home rate. Charging entirely at home costs $705 a year here; leaning on public chargers for a fifth of your miles pushes that to $973. If you cannot charge where you park, the running-cost case weakens sharply — and in cheap-gas, expensive-electricity states it can disappear entirely.

Common questions

Is an EV cheaper than gas in Virginia?

On fuel alone, yes. At 16.58¢ per kWh and $3.92 a gallon, 13,400 miles costs about $973 in electricity versus $2,020 in gas — a difference of $1,048 a year, assuming 80% home charging.

How much does it cost to charge an EV at home in Virginia?

A full year of driving needs roughly 4,254 kWh from the wall. Charged entirely at home at 16.58¢, that is about $705 a year, or 5.3¢ per mile. Note you pay for about 10% more electricity than reaches the battery.

Does public fast charging cancel out the savings?

It can. Public DC fast charging runs around $0.48 per kWh — roughly 2.9× the home rate in Virginia. Charging entirely at home costs $705 a year here; at 80% home charging it rises to $973. Without home charging, an EV can genuinely cost more to fuel than a petrol car.

At what gas price do the two break even in Virginia?

About $1.89 a gallon. Below that, a 26 MPG petrol car is cheaper to fuel; above it, the EV pulls ahead. Virginia currently averages roughly $3.92.

Does this include the cost of buying the car?

No. This is fuel cost only. Purchase price, depreciation, insurance, maintenance and any tax credits are excluded — and they often matter more than fuel. Use this to size the running-cost gap, then weigh it against the price difference between the two cars.

How we calculate this

We charge you for electricity drawn from the wall, not delivered to the battery — about 10% is lost as heat, which most calculators quietly ignore. We also blend home and public charging rather than assuming every kWh comes from a cheap home tariff.

Fuel only. Purchase price, depreciation, insurance, maintenance, registration fees (several states levy an EV surcharge in place of fuel tax) and tax credits are all excluded.

Data vintage: Electricity: EIA Electric Power Monthly Table 5.6.B (residential, May 2026 YTD). Solar resource: PVGIS v5.3 (EU JRC), ERA5 2005-2023. Gasoline: AAA state averages. Natural gas: EIA residential by state. Heating degree days: NOAA CPC population-weighted normals. Retrieved 2026-08-03/04. Install costs, household usage, net-metering status, annual mileage, time-of-use spreads and outage hours remain estimates.

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