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Cost to run an electric car in New Jersey (August 2026 rates)
At 24.61¢ per kilowatt-hour — New Jersey's average residential price in August 2026 — running an electric car costs $935 a year. That is 36% more than the national average of $690.
- Per day
- $2.56
- Per month
- $77.93
- Per year
- $935
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 New Jersey compares
New Jersey pays 24.61¢/kWh, the 10th most expensive residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $245 more 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 |
|---|---|---|---|
| Vermont | 23.84¢ | $75.49 | $906 |
| Connecticut | 24.51¢ | $77.61 | $931 |
| New Jersey | 24.61¢ | $77.93 | $935 |
| District of Columbia | 25.98¢ | $82.27 | $987 |
| New Hampshire | 27.64¢ | $87.53 | $1,050 |
States ranked by average residential price, cheapest first. See all 51 states for an electric car.
What else costs about the same in New Jersey
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 New Jersey?
- About $77.93 a month, assuming 3,800 kWh a year at 24.61¢/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?
- New Jersey has the 10th most expensive average residential rate in the country, so this appliance costs more here than the U.S. average of $690 a year.