How New York compares
Ranked by yearly saving, New York is 47th of 51. Savings run from $66 in Hawaii to $1,276 in Louisiana. The saving here is $397 less than the $1,084 a driver saves at the U.S. average price.
Gas would have to fall below $2.73 a gallon, from $4.33 now, before charging an EV in New York stopped saving money.
Public chargers averaged $0.42/kWh nationally on October 16, 2026, 1.4 times the home price here, so every mile charged in public cuts the saving. Charging only at home would raise it to $717 a year.
Four of its five neighbors save more: Connecticut, New Jersey, Pennsylvania and Vermont, led by Pennsylvania at $967.
| State | Electricity | EV saving a year |
|---|---|---|
| Pennsylvania | 21.72¢ | $967 |
| Vermont | 23.75¢ | $897 |
| Connecticut | 24.16¢ | $883 |
| New Jersey | 25.19¢ | $848 |
| New York | 29.90¢ | $687 |
| Massachusetts | 30.49¢ | $666 |
More for New York
- Solar payback in New York: a typical system pays back in 8.2 years.
- Heat pump vs gas in New York: a heat pump costs $467 a year more.
What these numbers assume
- 12,000 miles a year.
- An EV that goes 3.5 miles per kWh, with 10% of home charging energy lost between the outlet and the battery.
- 10% of miles charged at public stations at $0.42/kWh, the AAA national average on October 16, 2026.
- A 28 mpg gas car, with regular gas at $4.33 a gallon, the national average on October 12, 2026 (EIA weekly retail price survey).
- Home electricity at the New York average of 29.90¢/kWh.
Change any of them in the calculator above to match your own bills. The formulas are on the main EV vs gas calculator.
Sources
- Electricity price: EIA Electric Power Monthly, Table 5.6.A (July 2026 data).
- Gasoline: EIA weekly U.S. regular retail price, October 12, 2026.
- Public charging: AAA national average, October 16, 2026.
- Rankings: MeterMath calculation with the same inputs for all 50 states and DC.