EV vs Gas Vehicle Costs in Madison County, MT

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

Annual Gas Cost

$990

Annual EV Cost

$396

Annual Savings

$594

Breakeven

13.5 yrs

5-Year Total Cost of Ownership

Gas Vehicle (ICE)

Purchase Price$35,000
Fuel (5 years)$4,950
Maintenance (5 years)$6,000

5-Year TCO$45,950

Electric Vehicle (EV)

Purchase Price$43,000
Charging (5 years)$1,980
Maintenance (5 years)$3,000
Federal Tax Credit-$7,500

5-Year TCO$40,480

In Madison County, an EV saves approximately $5,470 over 5 years compared to a gas vehicle, including the federal tax credit.

About Madison County, Montana

Madison County in Montana has a population of 8,742 and a median household income of $61,226. 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.

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Other Counties in Montana

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.