EV vs Gas in Indiana: Yearly Cost (2026)
An electric car in Indiana costs about $1,052 a year to run, including the $242 state EV fee, compared with $1,658 of gas for a 30 mpg car – the EV saves about $606 a year (32 of 51 for EV savings).
12,000 mi/yr, 3.5 mi/kWh, 85% home charging at 16.73¢/kWh, gas $4.15/gal (Midwest (PADD 2) average). Change any number below.
Indiana EV registration fee
| Battery-electric (BEV) | $242.00 / year |
| Plug-in hybrid (PHEV) | $81.00 / year |
Indexed supplemental fee updated January 1, 2026; the $81 hybrid fee covers plug-in and regular hybrids.
Source: www.ncsl.org, checked October 24, 2026. This fee is indexed or recently changed – confirm the current amount with your state DMV before relying on it.
Charging at home vs public chargers
Charging only at home, the EV would cost about $879 a year in Indiana. Every 10% of miles moved to public fast chargers (about $0.48/kWh) adds roughly $115 a year. See the cost per charge for popular models in EV charging cost in Indiana.
Nearby states
Frequently asked questions
Is an EV cheaper than gas in Indiana?
Yes. Driving 12,000 miles a year, an EV costs about $1,052 ($810 of electricity plus the $242 state EV fee) versus $1,658 of gas for a 30 mpg car – a difference of $606 a year.
How much is the EV registration fee in Indiana?
$242.00 a year for a battery-electric vehicle and $81.00 for a plug-in hybrid, on top of normal registration. Indexed supplemental fee updated January 1, 2026; the $81 hybrid fee covers plug-in and regular hybrids.
What gas price makes an EV and a gas car cost the same in Indiana?
About $2.63 a gallon for a 30 mpg car, counting charging and the EV fee. Gas is currently $4.15 (Midwest (PADD 2) average).
Electricity: EIA Electric Power Monthly (July 2026). Gasoline: EIA weekly retail prices, week of 2026-10-19. Estimates only; excludes purchase price, insurance and maintenance.