True Cost to Own an EV Calculator
See the true cost to own an electric car each month, not just the loan or lease payment, but insurance, home charging, and maintenance rolled into one all-in number. The breakdown shows where your money actually goes.
EPA rates your EV in kWh/100mi? Convert to mi/kWh
All-in monthly cost to own
$902/mo
- Loan / lease payment
- $65072%
- Insurance
- $16018%
- Home charging
- $526%
- Maintenance
- $404%
- Yearly total
- $10,828
- Cost per mile
- 90.2¢/mi
Your real monthly cost is more than the payment. Charging is usually the smallest piece; the payment is the largest. Excludes depreciation, registration, and taxes, which vary widely. Estimate only.
Home Level 2 chargers
The charging line above prices every mile at your home electricity rate, which assumes you charge at home; Level 2 is what makes that practical for daily driving. Most non-Tesla EVs built before 2025 have a J1772 port; a NACS car takes the wall charger's NACS version. The portable unit plugs into an existing 14-50 outlet on a 50 A circuit with no install. It is J1772-only.
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Smart charger
Emporia Classic EV Charger
Best for: Best value in a 48 A smart charger, and tight panels via PowerSmart
Portable charger
Lectron Portable Level 2 J1772 Charger (NEMA 14-50)
Best for: Renters and second homes with an existing 14-50 outlet
Frequently asked questions
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Sources & standards
This tool's methodology and data follow US standards and authoritative public datasets: