EV vs Gas Vehicle Costs in Monroe County, IL

Should you switch to electric in Monroe County? Here's the cost breakdown.

Annual Gas Cost

$1,629

Annual EV Cost

$612

Annual Savings

$1,017

Breakeven

7.9 yrs

5-Year Total Cost of Ownership

Gas Vehicle (ICE)

Purchase Price$35,000
Fuel (5 years)$8,145
Maintenance (5 years)$6,000

5-Year TCO$49,145

Electric Vehicle (EV)

Purchase Price$43,000
Charging (5 years)$3,060
Maintenance (5 years)$3,000

5-Year TCO$49,060

In Monroe County, an EV saves approximately $85 over 5 years compared to a gas vehicle. The federal clean vehicle credit ended for vehicles acquired after September 30, 2025, so it is not included; state and local incentives may still apply.

About Monroe County, Illinois

Monroe County in Illinois has a population of 34,905 and a median household income of $100,685. Local gas prices and electricity rates significantly affect the EV vs gas calculus.

These estimates use regional energy cost data. Actual costs depend on your specific vehicles, driving patterns, electricity plan, and available incentives. Our Monte Carlo simulation models battery degradation, fuel price volatility, maintenance schedules, and resale values across thousands of scenarios.

Run Your Personalized EV vs Gas Analysis

Enter your specific vehicles, driving habits, energy costs, and incentive eligibility to get a Monte Carlo TCO comparison with probability-weighted cost projections.

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Health and care costs

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: EIA, AAA, Department of Energy AFDC. Estimates based on regional data. This is not financial advice.