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Cost to run an electric car in Iowa (July 2026 rates)

At 15.99¢ per kilowatt-hour — Iowa's average residential price in July 2026 — running an electric car costs $608 a year. That is 13% less than the national average of $696. Iowa's residential rate is up 4.4% from July 2025, which moves this appliance from $582 to $608 a year.

Per day
$1.66
Per month
$50.63
Per year
$608

Assumption: 3,800 kWh a year. 12,000 miles a year at roughly 3.5 miles per kWh, plus about 10% charging losses, on home Level 2 charging. Use the calculator to swap in the numbers from your own model.

How Iowa compares

Iowa pays 15.99¢/kWh, the 24th cheapest residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $88.16 less a year than the typical U.S. household pays for the same use. Running the same electric car costs $483 a year in Louisiana and $1,824 in Hawaii, so where you live changes this bill by $1,341 a year.

StateRatePer monthPer year
Texas15.88¢$50.29$603
Oregon15.97¢$50.57$607
Iowa15.99¢$50.63$608
Missouri16.09¢$50.95$611
New Mexico16.09¢$50.95$611

States ranked by average residential price, cheapest first. See all 51 states for an electric car.

What else costs about the same in Iowa

Cutting the number down

Questions

How much does an electric car cost per month in Iowa?
About $50.63 a month, assuming 3,800 kWh a year at 15.99¢/kWh.
How many kilowatt-hours does an electric car use?
Roughly 3,800 kWh a year under these assumptions.
Is that expensive compared with other states?
Iowa has the 24th cheapest average residential rate in the country, so this appliance costs less here than the U.S. average of $696 a year.