The Cost of EV Ownership

When choosing a vehicle, consumers consider several different factors. This table compares different electric vehicles and hybrids with a gas vehicle so you can make an informed decision when choosing which vehicle is right for you and your family. The costs represent the purchase and first year of driving each vehicle.

       
VEHICLE SPECIFICS 2021 NISSAN LEAF EV 2021 CHEVY BOLT EV 2021 HONDA CLARITY PHEV 2021 TOYOTA PRIUS PRIME PHEV 2021 TOYOTA CAMRY GAS
Starting Price $31,670 $36,500 $33,400 $28,220 $24,970
Charger Cost $699 $699 $699 $699 N/A
Federal Tax Credit $7,500 N/A $7,500 $4,502 N/A
State Incentive $2,500 $2,500 $1,500 $1,500 N/A
Dealer Incentive N/A $15,500 N/A N/A N/A
Electricity* $504 $487 $261 $210 N/A
Gasoline Cost N/A N/A $396 $308 $979
Total Fuel* $504 $487 $657 $518 $979
Maintenance* $466 $479 $588 $572 $668
Insurance* $1,212 $1,245 $1,224 $1,189 $1,158
Total Cost $24,551 $21,410 $27,568 $25,196 $27,775

*Source: Plug in America

Dealer incentives are subject to availability

Electricity calculated using $0.14/kWh

Fuel cost calculated using 12,000 miles driven per year. For plug-in hybrids, assumes 50% electric driving.