Free tool

EV vs petrol cost calculator

How much would an electric car really save you? Put in your own driving, power price and petrol price — every number can be changed.

Last updated November 2026

Your driving

Electric car

Petrol car

Results

ElectricPetrol
Energy per 100 km$5.28$15.00
Energy per year$634$1,800
Energy + servicing per year$884$2,400
Running cost over 5 years$4,418$12,000

The EV costs about $1,516 a year less to run.

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Estimate only. Leaves out charging losses (about 10%), insurance, registration, tyres and resale value. Not financial advice.

How it works

  • EV energy cost = energy use (kWh per 100 km) × your blended price: home power for most charging, fast-charger prices for the share you set.
  • Petrol cost = fuel use (L per 100 km) × petrol price.
  • Total cost adds yearly servicing for the years you keep the car, plus the purchase prices if you enter them.

Ways to cut EV running costs further

  • Charge overnight on an off-peak or EV electricity plan, or in the day from rooftop solar.
  • Use fast chargers mainly on road trips. They can cost two to three times home power.
  • Through a novated lease, an eligible EV may be exempt from fringe benefits tax (see the ATO link below). Ask a licensed adviser about your situation.

Buying used? Check the battery's health first: see our used EV buying checklist.

Official sources

General information only, not financial advice. Prices change; use the figures from your own bills where you can.