EV vs Petrol Cost Calculator Australia
Compare the 5- or 10-year total cost of ownership for an electric vehicle against an equivalent petrol car in Australia. This calculator factors in purchase price, fuel or electricity, and servicing — and shows the year an EV becomes cheaper overall.
Vehicles and driving
Total cost of ownership
Electric vehicle
Petrol vehicle
Year-by-year cumulative cost table
| Year | EV cumulative | Petrol cumulative | Difference (Petrol − EV) |
|---|
How to use this calculator
- Use drive-away prices for both vehicles, including any state stamp duty concession or EV incentive that applies in your state.
- Use the same body type for a fair comparison — small SUV vs small SUV, mid-size sedan vs mid-size sedan.
- Set annual kilometres realistically. Higher mileage helps the EV (because each kilometre is cheaper), lower mileage helps the petrol car.
- If you'll mostly charge on a time-of-use tariff overnight, use that off-peak rate (often 18–25 c/kWh) rather than your flat retail rate.
- For servicing, use each manufacturer's published capped-price schedule averaged across the comparison period.
Key assumptions
- Fuel and electricity prices stay constant for the comparison period. Both have moved over time — adjust the inputs upward if you expect that to continue.
- Servicing costs are flat per year, ignoring big-ticket items like timing belts (petrol) or battery service (EV) that may fall in or outside the period.
- No depreciation, registration, CTP or insurance — these are usually broadly comparable, but always quote both vehicles for your specific situation.
- No fast-charging premium unless you build it into the home electricity rate.
- Annual kilometres are constant year on year.
Frequently asked questions
What petrol price should I use?
What EV efficiency is realistic?
Does the calculator include the EV's "free home solar" advantage?
What about depreciation and resale value?
Can I model a hybrid or PHEV?
Related calculators and reading
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Once you've decided on EV, model the install cost of a home charger and 5-year savings vs public DC fast charging.
Cost an EV charger →Solar Payback Calculator
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Calculate solar payback →Home Battery Payback Calculator
If you charge the EV at night and want to run it from solar instead, a battery sits between the two. Model the maths with the 2026 federal rebate.
Run battery payback →EV vs petrol: the real cost breakdown
Article — running the numbers on a Tesla Model Y vs a Toyota RAV4, with current Australian fuel and electricity prices.
Read article →This calculator provides general estimates only and is not financial, energy or product advice. Always obtain written quotes for both vehicles, confirm capped-price servicing, and check current government incentives before purchasing.
Last reviewed: — figures verified against AIP Australian retail petrol data, AER residential electricity rates.