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Cost to run an electric car in Indiana (August 2026 rates)
At 17.02¢ per kilowatt-hour — Indiana's average residential price in August 2026 — running an electric car costs $647 a year. That is 6% less than the national average of $690. Indiana's residential rate is up 5.0% from August 2025, which moves this appliance from $616 to $647 a year.
- Per day
- $1.77
- Per month
- $53.90
- Per year
- $647
Assumption: 3,800 kWh a year. 12,000 miles a year at roughly 3.5 miles per kWh, plus about 10% charging losses, on home Level 2 charging. Use the calculator to swap in the numbers from your own model.
How Indiana compares
Indiana pays 17.02¢/kWh, the 24th most expensive residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $43.32 less a year than the typical U.S. household pays for the same use. Running the same electric car costs $483 a year in Nevada and $1,793 in Hawaii, so where you live changes this bill by $1,309 a year.
| State | Rate | Per month | Per year |
|---|---|---|---|
| Alabama | 16.33¢ | $51.71 | $621 |
| New Mexico | 16.51¢ | $52.28 | $627 |
| Indiana | 17.02¢ | $53.90 | $647 |
| Iowa | 17.06¢ | $54.02 | $648 |
| Colorado | 17.17¢ | $54.37 | $652 |
States ranked by average residential price, cheapest first. See all 51 states for an electric car.
What else costs about the same in Indiana
Cutting the number down
- Charging on an off-peak or EV rate plan is usually the single largest lever, and it costs nothing but a schedule setting.
- Charging losses are real: the meter sees noticeably more than the battery receives, especially in cold weather.
- Cost per mile, not cost per charge, is the number that compares cleanly against a tank of gasoline.
Questions
- How much does an electric car cost per month in Indiana?
- About $53.90 a month, assuming 3,800 kWh a year at 17.02¢/kWh.
- How many kilowatt-hours does an electric car use?
- Roughly 3,800 kWh a year under these assumptions.
- Is that expensive compared with other states?
- Indiana has the 24th most expensive average residential rate in the country, so this appliance costs less here than the U.S. average of $690 a year.