EV vs Gas Vehicle Costs in Bernalillo County, NM

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

Annual Gas Cost

$1,007

Annual EV Cost

$396

Annual Savings

$611

Breakeven

13.1 yrs

5-Year Total Cost of Ownership

Gas Vehicle (ICE)

Purchase Price$35,000
Fuel (5 years)$5,035
Maintenance (5 years)$6,000

5-Year TCO$46,035

Electric Vehicle (EV)

Purchase Price$43,000
Charging (5 years)$1,980
Maintenance (5 years)$3,000

5-Year TCO$47,980

In Bernalillo County, a gas vehicle costs approximately $1,945 less over 5 years, though EVs become cheaper with higher mileage or local incentives.

About Bernalillo County, New Mexico

Bernalillo County in New Mexico has a population of 674,692 and a median household income of $62,220. 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.