EV vs Gas Vehicle Costs in St. Mary's County, MD

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

Annual Gas Cost

$1,834

Annual EV Cost

$720

Annual Savings

$1,114

Breakeven

7.2 yrs

5-Year Total Cost of Ownership

Gas Vehicle (ICE)

Purchase Price$35,000
Fuel (5 years)$9,170
Maintenance (5 years)$6,000

5-Year TCO$50,170

Electric Vehicle (EV)

Purchase Price$43,000
Charging (5 years)$3,600
Maintenance (5 years)$3,000
Federal Tax Credit-$7,500

5-Year TCO$42,100

In St. Mary's County, an EV saves approximately $8,070 over 5 years compared to a gas vehicle, including the federal tax credit.

About St. Mary's County, Maryland

St. Mary's County in Maryland has a population of 113,814 and a median household income of $113,668. 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 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.