EV vs Gas Vehicle Costs in Fairfax city, VA

Should you switch to electric in Fairfax city? Here's the cost breakdown.

Annual Gas Cost

$2,079

Annual EV Cost

$792

Annual Savings

$1,287

Breakeven

6.2 yrs

5-Year Total Cost of Ownership

Gas Vehicle (ICE)

Purchase Price$35,000
Fuel (5 years)$10,395
Maintenance (5 years)$6,000

5-Year TCO$51,395

Electric Vehicle (EV)

Purchase Price$43,000
Charging (5 years)$3,960
Maintenance (5 years)$3,000
Federal Tax Credit-$7,500

5-Year TCO$42,460

In Fairfax city, an EV saves approximately $8,935 over 5 years compared to a gas vehicle, including the federal tax credit.

About Fairfax city, Virginia

Fairfax city in Virginia has a population of 24,242 and a median household income of $128,708. 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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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 Virginia

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.