EV vs Gas in New York: Yearly Cost (2026)
An electric car in New York costs about $1,237 a year to run (no state EV fee), compared with $1,725 of gas for a 30 mpg car – the EV saves about $489 a year (44 of 51 for EV savings).
12,000 mi/yr, 3.5 mi/kWh, 85% home charging at 29.90¢/kWh, gas $4.31/gal. Change any number below.
New York EV registration fee
| Battery-electric (BEV) | None |
| Plug-in hybrid (PHEV) | None |
No EV registration surcharge.
Source: taxfoundation.org, checked October 24, 2026.
Charging at home vs public chargers
Charging only at home, the EV would cost about $1,139 a year in New York. Every 10% of miles moved to public fast chargers (about $0.48/kWh) adds roughly $65 a year. See the cost per charge for popular models in EV charging cost in New York.
Nearby states
- New Jersey: EV $1,354 vs gas $1,725 a year
- Pennsylvania: EV $1,222 vs gas $1,725 a year
Frequently asked questions
Is an EV cheaper than gas in New York?
Yes. Driving 12,000 miles a year, an EV costs about $1,237 ($1,237 of electricity) versus $1,725 of gas for a 30 mpg car – a difference of $489 a year.
How much is the EV registration fee in New York?
New York has no extra EV registration fee in 2026. No EV registration surcharge.
What gas price makes an EV and a gas car cost the same in New York?
About $3.09 a gallon for a 30 mpg car, counting charging and the EV fee. Gas is currently $4.31.
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.