Is an EV Cheaper Than Gas in Alaska? (2026)

Yes. An EV is roughly 2.1× cheaper per mile than a comparable gas car in Alaska.

EV cost
6.9¢/mi
24.0¢/kWh ÷ 3.5 mi/kWh
Gas cost
14.6¢/mi
$4.10/gal ÷ 28 mpg

Annual fuel cost at 12,000 mi/year

EV (charging at home)$823
Gas car (28 mpg sedan)$1,757
EV savings$934/yr

Over 5 years that's $4,671 in fuel savings — before factoring in oil changes, brake wear, or EV tax credits.

How we calculated this

We use Alaska's average residential electricity rate of 24.0¢/kWh (averaged across major utility EV plans) and the current statewide average gas price of $4.10/gallon from the U.S. Energy Information Administration's PADD data.

The reference EV gets 3.5 mi/kWh — typical for a Tesla Model 3, Hyundai Ioniq 6, or Chevy Equinox EV. The reference gas car gets 28 mpg combined — typical for a Toyota Camry, Honda CR-V, or Ford Escape.

Charging at public DC fast chargers costs 2–4× more than charging at home. If you can't charge at home in Alaska, the math changes — see our home vs public charging guide for the breakdown.

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