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Cost to run an electric car in New Jersey (June 2026 rates)

At 24.95¢ per kilowatt-hour — New Jersey's average residential price in June 2026 — running an electric car costs $948 a year. That is 36% more than the national average of $697.

Per day
$2.60
Per month
$79.01
Per year
$948

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 24.95¢/kWh, the 9th most expensive residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $251 more a year than the typical U.S. household pays for the same use. Running the same electric car costs $498 a year in Nevada and $2,003 in Hawaii, so where you live changes this bill by $1,505 a year.

StateRatePer monthPer year
District of Columbia24.39¢$77.23$927
Vermont24.44¢$77.39$929
New Jersey24.95¢$79.01$948
New Hampshire27.01¢$85.53$1,026
Alaska28.21¢$89.33$1,072

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

Questions

How much does an electric car cost per month in New Jersey?
About $79.01 a month, assuming 3,800 kWh a year at 24.95¢/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 9th most expensive average residential rate in the country, so this appliance costs more here than the U.S. average of $697 a year.