Minnesota · 2026 prices
How much does an EV save in Minnesota?
In Minnesota, gas runs about $3.10/gal (38th-highest of 51, below the U.S. average) and home electricity about 15¢/kWh (below average). Charge an efficient EV at home and you can save roughly $790 a year on fuel versus a typical 30-mpg gas car — here's the breakdown by model.
Gas moves week to week — check live Minnesota gas prices (official averages + what drivers are reporting now).
Prices & figures reviewed July 2026
EV fuel savings in Minnesota, by model
Annual fuel cost for each EV, charging at home at Minnesota's average electricity price, and what you'd save versus a typical 30-mpg gas car driving 12,000 miles a year. Tap a car for its full comparison.
| Electric car | Efficiency | EV fuel / yr | You save / yr* |
|---|---|---|---|
| Tesla Model 3 | 4 mi/kWh | $450 | $790/yr |
| Lucid Air | 3.8 mi/kWh | $474 | $766/yr |
| Hyundai Ioniq 6 | 3.7 mi/kWh | $486 | $754/yr |
| Chevy Bolt EUV | 3.6 mi/kWh | $500 | $740/yr |
| Volvo EX30 | 3.6 mi/kWh | $500 | $740/yr |
| Tesla Model Y | 3.5 mi/kWh | $514 | $726/yr |
| Nissan Leaf | 3.5 mi/kWh | $514 | $726/yr |
| BMW i4 | 3.4 mi/kWh | $529 | $711/yr |
| Polestar 2 | 3.3 mi/kWh | $545 | $695/yr |
| Chevy Equinox EV | 3.2 mi/kWh | $563 | $678/yr |
| Hyundai Ioniq 5 | 3.2 mi/kWh | $563 | $678/yr |
| Kia EV6 | 3.2 mi/kWh | $563 | $678/yr |
| Tesla Model X | 3 mi/kWh | $600 | $640/yr |
| Ford Mustang Mach-E | 3 mi/kWh | $600 | $640/yr |
| Nissan Ariya | 3 mi/kWh | $600 | $640/yr |
| Volkswagen ID.4 | 3 mi/kWh | $600 | $640/yr |
| Audi Q4 e-tron | 3 mi/kWh | $600 | $640/yr |
| Toyota bZ4X | 3 mi/kWh | $600 | $640/yr |
| Honda Prologue | 3 mi/kWh | $600 | $640/yr |
| Subaru Solterra | 2.9 mi/kWh | $621 | $619/yr |
| Cadillac Lyriq | 2.8 mi/kWh | $643 | $597/yr |
| BMW iX | 2.8 mi/kWh | $643 | $597/yr |
| Kia EV9 | 2.6 mi/kWh | $692 | $548/yr |
| Tesla Cybertruck | 2.2 mi/kWh | $818 | $422/yr |
| Ford F-150 Lightning | 2 mi/kWh | $900 | $340/yr |
| Rivian R1T | 2 mi/kWh | $900 | $340/yr |
| Chevy Silverado EV | 2 mi/kWh | $900 | $340/yr |
| Rivian R1S | 1.9 mi/kWh | $947 | $293/yr |
| GMC Hummer EV | 1.5 mi/kWh | $1,200 | $40/yr |
*Versus a 30-mpg gas car at $3.10/gal and 12,000 mi/yr, charging at home at 15¢/kWh. A gas car at that rate costs about $1,240/yr in fuel. Public DC fast-charging costs more — your mix matters. Estimates for guidance; use the calculator for your exact case.
Run your own Minnesota numbers
Pre-set to Minnesota prices — change the cars, your miles, and how much you charge at home.
When you come out ahead
Showing cumulative fuel savings. Add the two cars' prices in the controls to plot your exact break-even point.
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What affects your real savings
- Where you charge. Home charging at Minnesota's 15¢/kWh is the cheap case; leaning on public fast-charging narrows the gap.
- Your miles. More driving means bigger annual savings — the table assumes 12,000 mi/yr.
- The gas car you're replacing. Swapping a thirsty SUV or truck saves far more than replacing an efficient hybrid.
- The EV's price. Fuel savings repay the higher sticker over time — add both prices in the calculator for the break-even. Note the federal EV tax credit ended Sept 30, 2025; check any current Minnesota state or utility incentives.
EV savings in Minnesota: common questions
How much does an EV save in Minnesota?
With Minnesota gas around $3.10/gal and home electricity about 15¢/kWh, an efficient EV charged at home saves roughly $790 a year in fuel versus a typical 30-mpg gas car at 12,000 miles. The Tesla Model 3 tops the table here.
What does it cost to charge an EV in Minnesota?
At Minnesota's average home rate of 15¢/kWh, a 3.5 mi/kWh EV costs about 4¢ per mile to charge at home — far less per mile than gas at $3.10/gal. Public DC fast-charging costs more, so your home/public mix matters.
Did the federal EV tax credit change the math in Minnesota?
The federal $7,500 EV tax credit ended September 30, 2025, so it no longer offsets an EV's price. Any current Minnesota state or utility incentive still can — enter only that in the calculator's break-even, not the expired federal credit.