TCO 2.2 - Please email any issues you encounter to hhyde@rmi.org.

The cost of Plug-in Electric Vehicles (PEVs) has been touted as 'the 800lb gorilla in the room' when it comes to the viable adoption of this new technology. High estimated sticker prices come as a shock to consumers, but what does the total cost of owning a PEV look like? The PGR Calculator allows you to consider the purchase cost (including financing) and the fuel cost of a PEV compared to a Prius or a regular Internal Combustion Engine vehicle over a lifetime of fifteen years. Purchase price and fuel costs are two of the biggest cost drivers, but should be taken as only an estimate of the actual lifetime cost of a vehicle. Consumers should also consider driving habits, maintenance costs, insurance, resale value, and for PEVs- potential battery and charging infrastructure costs.

Learn more about our calculator development methodology and assumptions.
Be sure to read the FAQ as well.

How many miles do you drive per year?	mi
Will you own or lease the car?	Own Lease
How long will you own/lease for?	yrs
Select your state of residence:	Other...AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPARISCSDTNTXUTVAVTWAWIWVWY
State energy prices:	'08/'09 Current

Change Units: English

What vehicles would you like to compare?
Select the first vehicle:
Select the second vehicle:

+ Advanced Options +

Average Gas Price:	$ /gal
Average Diesel Price:	$ /gal
Electricity Rate:	$/kWh
Interest Rate:	%
Discount Rate:	%
Include Federal subsidies?	Yes No

Would you buy a faster home charger for a PHEV?	Yes No
Percentage value of purchase price of vehicle at end of lifetime:	%
Would you pay extra ($15,000) to convert your hybrid to a plug-in?	Yes No
Maintenance savings of Vehicle 1 over Vehicle 2:	$
Additional savings/costs of Vehicle 1:	$
Additional savings/costs of Vehicle 2:	$

Choose a driving profile that best suits you (applies to plugins only):
	My trips are almost always short (under 20 miles), and I have a spot to plug in every night.
	Most of my trips are short, but I go 75 miles at least once a month. I can plug in most nights.
	I take trips longer than 75 miles at least once a week, and/or I probably won't plug in every night.