EV vs Gas Vehicle Costs in Burlington County, NJ

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

Annual Gas Cost

$1,659

Annual EV Cost

$648

Annual Savings

$1,011

Breakeven

7.9 yrs

5-Year Total Cost of Ownership

Gas Vehicle (ICE)

Purchase Price$35,000
Fuel (5 years)$8,295
Maintenance (5 years)$6,000

5-Year TCO$49,295

Electric Vehicle (EV)

Purchase Price$43,000
Charging (5 years)$3,240
Maintenance (5 years)$3,000

5-Year TCO$49,240

In Burlington County, an EV saves approximately $55 over 5 years compared to a gas vehicle. The federal clean vehicle credit ended for vehicles acquired after September 30, 2025, so it is not included; state and local incentives may still apply.

About Burlington County, New Jersey

Burlington County in New Jersey has a population of 461,853 and a median household income of $102,615. 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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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.