EV vs Gas Vehicle Costs in Steele County, ND

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

Annual Gas Cost

$1,384

Annual EV Cost

$540

Annual Savings

$844

Breakeven

9.5 yrs

5-Year Total Cost of Ownership

Gas Vehicle (ICE)

Purchase Price$35,000
Fuel (5 years)$6,920
Maintenance (5 years)$6,000

5-Year TCO$47,920

Electric Vehicle (EV)

Purchase Price$43,000
Charging (5 years)$2,700
Maintenance (5 years)$3,000

5-Year TCO$48,700

In Steele County, a gas vehicle costs approximately $780 less over 5 years, though EVs become cheaper with higher mileage or local incentives.

About Steele County, North Dakota

Steele County in North Dakota has a population of 1,774 and a median household income of $85,750. 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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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.