EV vs Gas Vehicle Costs in Washington County, RI

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

Annual Gas Cost

$1,607

Annual EV Cost

$612

Annual Savings

$995

Breakeven

8 yrs

5-Year Total Cost of Ownership

Gas Vehicle (ICE)

Purchase Price$35,000
Fuel (5 years)$8,035
Maintenance (5 years)$6,000

5-Year TCO$49,035

Electric Vehicle (EV)

Purchase Price$43,000
Charging (5 years)$3,060
Maintenance (5 years)$3,000
Federal Tax Credit-$7,500

5-Year TCO$41,560

In Washington County, an EV saves approximately $7,475 over 5 years compared to a gas vehicle, including the federal tax credit.

About Washington County, Rhode Island

Washington County in Rhode Island has a population of 129,998 and a median household income of $99,510. 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 Rhode Island

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.