EV vs Gas Vehicle Costs in Nantucket County, MA

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

Annual Gas Cost

$2,190

Annual EV Cost

$828

Annual Savings

$1,362

Breakeven

5.9 yrs

5-Year Total Cost of Ownership

Gas Vehicle (ICE)

Purchase Price$35,000
Fuel (5 years)$10,950
Maintenance (5 years)$6,000

5-Year TCO$51,950

Electric Vehicle (EV)

Purchase Price$43,000
Charging (5 years)$4,140
Maintenance (5 years)$3,000
Federal Tax Credit-$7,500

5-Year TCO$42,640

In Nantucket County, an EV saves approximately $9,310 over 5 years compared to a gas vehicle, including the federal tax credit.

About Nantucket County, Massachusetts

Nantucket County in Massachusetts has a population of 14,065 and a median household income of $135,590. 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.

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Other Counties in Massachusetts

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.