EV vs Gas Vehicle Costs in Wabasha County, MN

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

Annual Gas Cost

$1,213

Annual EV Cost

$468

Annual Savings

$745

Breakeven

10.7 yrs

5-Year Total Cost of Ownership

Gas Vehicle (ICE)

Purchase Price$35,000
Fuel (5 years)$6,065
Maintenance (5 years)$6,000

5-Year TCO$47,065

Electric Vehicle (EV)

Purchase Price$43,000
Charging (5 years)$2,340
Maintenance (5 years)$3,000
Federal Tax Credit-$7,500

5-Year TCO$40,840

In Wabasha County, an EV saves approximately $6,225 over 5 years compared to a gas vehicle, including the federal tax credit.

About Wabasha County, Minnesota

Wabasha County in Minnesota has a population of 21,460 and a median household income of $75,063. 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 Minnesota

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.