// Gas vs. Electric: The True Cost Per Mile
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Calculator-Specific Notice. Vehicle ownership cost comparisons are estimates and do not include insurance differentials, registration fees, depreciation, financing costs, charging infrastructure installation costs (Level 2 home chargers cost $500-$2,500), public charging fees, or battery degradation/replacement costs for electric vehicles. Federal EV tax credits are subject to eligibility requirements including income limits, vehicle MSRP caps, North American assembly requirements, and battery sourcing rules — your actual credit may differ or be unavailable. State and local incentives vary by jurisdiction. Fuel and electricity prices fluctuate. MPG and MPGe ratings are EPA estimates and real-world performance varies based on driving conditions, climate, and driving style. Consult your tax advisor regarding eligibility for EV tax credits and a licensed automotive professional regarding total cost of ownership.
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