EV vs Petrol Cost Calculator Australia

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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

Drive-away price after any incentives.
Drive-away price for an equivalent petrol model.
Australian average is ~13–15,000 km per year.
Recent national average; check FuelCheck/MotorMouth for your area.
Combined-cycle figure for the petrol model.
Use a charging-time rate if you're on a TOU plan.
Typical real-world range for current EVs is 16–22 kWh/100km.
Most EV makers publish $200–400/yr capped-price schedules.
Includes service intervals, tyres and consumables.
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Total cost of ownership

Break-even year
when EV becomes cheaper overall
Saving (period)
EV vs petrol over selected period
EV total
purchase + fuel + service
Petrol total
purchase + fuel + service

Electric vehicle

Annual fuel (electricity)
Annual servicing

Petrol vehicle

Annual fuel (petrol)
Annual servicing
EV cumulative cost Petrol cumulative cost
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?
The most recent national unleaded average from the Australian Institute of Petroleum is a fair starting point. For a personalised view, check FuelCheck (NSW), MotorMouth or your state's fuel-price portal for your local average over the last month.
What EV efficiency is realistic?
Most Australian-market EVs sit between 16 and 22 kWh per 100 km in real-world driving — small hatches at the lower end, large SUVs at the upper. The 18 kWh/100km default works well for a mid-size sedan or small SUV.
Does the calculator include the EV's "free home solar" advantage?
Not directly. If you charge entirely from your own rooftop solar export, your effective electricity rate is closer to the feed-in tariff you would otherwise have earned (typically 4–7 c/kWh). Set the home electricity rate to that figure to model that scenario.
What about depreciation and resale value?
EV residual values in Australia have stabilised but vary widely by brand. If you trust a specific resale forecast, subtract it from each vehicle's purchase price and re-run the calculator with those net costs.
Can I model a hybrid or PHEV?
Sort of. For a hybrid, lower the L/100km figure to the published combined-cycle number — they're not as cheap to run as an EV, but cheaper than a straight petrol car. For a plug-in hybrid, the maths is more complex because it depends on how much of your driving is on electric power; this calculator isn't designed for that.

Related calculators and reading

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.