Gaugewise / Fuel Cost Calculator

Cost

What your fuel economy actually costs you.

Enter your car's MPG, your local fuel price, and how much you drive — get your real annual cost, cost per mile, and how it compares to going electric.

US MPG
$/gal
mi
¢/kWh
Annual fuel cost
$1,440/yr
Cost per mile
$0.120/mi
Your car
$1,440
Typical EV
$576

At today's prices, switching would save you roughly $864/yr in fuel costs alone — before accounting for the price difference of the vehicles themselves.

Frequently asked

How is annual fuel cost calculated?

Annual fuel cost = (miles driven per year ÷ MPG) × price per gallon. The three inputs — mileage, fuel economy, and local price — are all it takes.

Is an EV actually cheaper to run?

Usually yes on a cost-per-mile basis, since electricity is typically cheaper per mile than gasoline — but the exact gap depends on your local electricity and fuel prices, and this doesn't account for the price difference between the vehicles themselves or charging setup costs.

Need the conversion itself?

For a plain MPG ↔ L/100km ↔ km/L conversion without the cost math, use the MPG converter.