EV vs Gas Vehicle Costs in Rice County, MN

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

Annual Gas Cost

$1,264

Annual EV Cost

$468

Annual Savings

$796

Breakeven

10.1 yrs

5-Year Total Cost of Ownership

Gas Vehicle (ICE)

Purchase Price$35,000
Fuel (5 years)$6,320
Maintenance (5 years)$6,000

5-Year TCO$47,320

Electric Vehicle (EV)

Purchase Price$43,000
Charging (5 years)$2,340
Maintenance (5 years)$3,000

5-Year TCO$48,340

In Rice County, a gas vehicle costs approximately $1,020 less over 5 years, though EVs become cheaper with higher mileage or local incentives.

About Rice County, Minnesota

Rice County in Minnesota has a population of 67,152 and a median household income of $78,214. 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.

Start Free Analysis

Other Counties in Minnesota

This County Across Smart Technology Investments

Property and place

Money and planning

  • Morivexlife insurance, term, whole
  • Lontevisretirement, withdrawal, portfolio
  • Vontarirelocation, cost of living, salary

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.