EV Charge Cost

Rank 42 of 51 states, EIA August 2026 prices

New Jersey electricity rates and EV charging cost

At 24.61¢/kWh — New Jersey's average residential electricity price in August 2026 — charging a typical EV costs about $8.24 per 100 miles and $92.75 a month for 13,500 miles a year. That is 36% above the U.S. average of 18.16¢. That is down from 25.19¢ in July 2026.

Per month

$92.75

13,500 miles a year

Electricity price
24.61¢per kWh, +36% vs U.S.
Per 100 miles
$8.2433.5 kWh/100 mi EV
Rank
#42of 51, 1 is cheapest
Per month
$92.7513,500 miles a year

Calculate your cost in New Jersey

Live EIA prices and EPA efficiency. Updates as you type.

Public charging (optional)

2025 Tesla Model Y Long Range RWD in New Jersey at 24.61¢/kWh:

Per month
$74.37
Per year
$892.49
Per 100 miles
$6.61
Full charge (337 mi)
$22.28

Based on 26.9 kWh per 100 miles (EPA, measured at the wall) and 13,500 miles a year — about 302 kWh a month.

More models are in the full calculator.

Electricity price trend in New Jersey

Average residential price, cents per kWh, last 13 months (EIA).

21.0¢22.7¢24.3¢26.0¢August 2025: 24.7¢September 2025: 23.3¢October 2025: 22.5¢November 2025: 22.7¢December 2025: 22.9¢January 2026: 23.1¢February 2026: 23.1¢March 2026: 23.5¢April 2026: 23.5¢May 2026: 23.3¢June 2026: 25.0¢July 2026: 25.2¢August 2026: 24.6¢24.6¢Aug ’25Oct ’25Dec ’25Feb ’26Apr ’26Jun ’26Aug ’26

EV vs gas in New Jersey

Typical EV$1,112.99
30 mpg gas car$1,940.40
13,500 miles a year

Regular gasoline averaged $4.312 a gallon in the Central Atlantic region in the week of October 19, 2026 (EIA). A 30 mpg car costs $14.37 per 100 miles, versus $8.24 for a typical EV — $827.41 a year in favor of the EV.

Compare EV and gas costs in New Jersey

Charging cost for popular EVs in New Jersey

At 24.61¢/kWh and 13,500 miles a year. Select a model for trims, charging time and nearby states.

Monthly home charging cost in New Jersey at 24.61¢/kWh, 13,500 miles a year
VehiclekWh/100 miPer 100 milesPer monthFull charge
Tesla Model Y26.9$6.61$74.37$22.28
Tesla Model 326.4$6.49$73.02$22.46
Tesla Model S32.5$8.00$89.94$27.82
Tesla Model X34.2$8.43$94.82$27.73
Tesla Cybertruck42.9$10.56$118.79$34.32
Chevrolet Equinox EV32.6$8.03$90.31$24.64
Chevrolet Blazer EV35.6$8.77$98.69$24.82
Chevrolet Silverado EV49.6$12.19$137.19$34.88
Ford Mustang Mach-E33.6$8.28$93.12$19.87
Ford F-150 Lightning47.9$11.79$132.66$37.73
Hyundai Ioniq 534.5$8.49$95.51$22.84
Hyundai Ioniq 628.0$6.89$77.52$21.77
Hyundai Kona Electric29.1$7.16$80.52$18.68
Kia EV631.6$7.77$87.44$22.93
Kia EV940.0$9.84$110.75$27.86
Honda Prologue34.1$8.39$94.33$24.65
Rivian R1S43.1$10.61$119.39$33.64
Rivian R1T43.1$10.61$119.39$33.64
Cadillac Lyriq38.0$9.35$105.16$29.82
Volkswagen ID.431.6$7.78$87.48$16.02
Nissan Leaf30.4$7.49$84.24$11.16
Nissan Ariya35.3$8.69$97.72$17.81
Toyota bZ28.0$6.89$77.51$19.84
Subaru Solterra28.9$7.12$80.08$19.79
BMW i433.4$8.22$92.50$23.60
Lucid Air27.3$6.72$75.60$26.61

New Jersey vs neighboring states

New Jersey and its neighbors are outlined on the map.

Monthly electricity prices in New Jersey

Average residential electricity price in New Jersey by month (EIA)
MonthPrice (¢/kWh)EV cost per 100 miles
August 202624.61$8.24
July 202625.19$8.44
June 202624.95$8.36
May 202623.27$7.80
April 202623.53$7.88
March 202623.48$7.87
February 202623.12$7.75
January 202623.13$7.75
December 202522.92$7.68
November 202522.68$7.60
October 202522.49$7.53
September 202523.32$7.81
August 202524.70$8.27

Questions people ask

How much does it cost to charge an EV in New Jersey?

About $8.24 per 100 miles, $92.75 a month or $1,112.99 a year for 13,500 miles, at 24.61¢/kWh for an EV using 33.5 kWh/100 mi.

What is the average electricity price in New Jersey?

24.61 cents per kWh for residential customers in August 2026, according to the U.S. Energy Information Administration. That is 36% above the U.S. average of 18.16¢.

Is it cheaper to drive an EV than a gas car in New Jersey?

On fuel, yes: about $1,112.99 a year for the EV versus $1,940.40 for a 30 mpg gas car at $4.312/gal (EIA Central Atlantic average).

How does New Jersey compare with neighboring states?

Delaware, Pennsylvania have lower residential electricity prices than New Jersey.

Data updated October 26, 2026. Sources: EIA Electric Power Monthly (August 2026 residential prices), EIA weekly gasoline prices (October 19, 2026), EPA vehicle data. See the methodology.