EV vs Gas Vehicle Costs in Calvert County, MD

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

Annual Gas Cost

$2,070

Annual EV Cost

$792

Annual Savings

$1,278

Breakeven

6.3 yrs

5-Year Total Cost of Ownership

Gas Vehicle (ICE)

Purchase Price$35,000
Fuel (5 years)$10,350
Maintenance (5 years)$6,000

5-Year TCO$51,350

Electric Vehicle (EV)

Purchase Price$43,000
Charging (5 years)$3,960
Maintenance (5 years)$3,000
Federal Tax Credit-$7,500

5-Year TCO$42,460

In Calvert County, an EV saves approximately $8,890 over 5 years compared to a gas vehicle, including the federal tax credit.

About Calvert County, Maryland

Calvert County in Maryland has a population of 93,244 and a median household income of $128,078. 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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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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Other Counties in Maryland

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.