EV vs Gas Vehicle Costs in Sussex County, NJ

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

Annual Gas Cost

$1,796

Annual EV Cost

$684

Annual Savings

$1,112

Breakeven

7.2 yrs

5-Year Total Cost of Ownership

Gas Vehicle (ICE)

Purchase Price$35,000
Fuel (5 years)$8,980
Maintenance (5 years)$6,000

5-Year TCO$49,980

Electric Vehicle (EV)

Purchase Price$43,000
Charging (5 years)$3,420
Maintenance (5 years)$3,000
Federal Tax Credit-$7,500

5-Year TCO$41,920

In Sussex County, an EV saves approximately $8,060 over 5 years compared to a gas vehicle, including the federal tax credit.

About Sussex County, New Jersey

Sussex County in New Jersey has a population of 144,808 and a median household income of $111,094. 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 New Jersey

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.