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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.
| State | Rate | Per month | Per year |
|---|---|---|---|
| Texas | 15.88¢ | $50.29 | $603 |
| Oregon | 15.97¢ | $50.57 | $607 |
| Iowa | 15.99¢ | $50.63 | $608 |
| Missouri | 16.09¢ | $50.95 | $611 |
| New Mexico | 16.09¢ | $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
- Charging on an off-peak or EV rate plan is usually the single largest lever, and it costs nothing but a schedule setting.
- Charging losses are real: the meter sees noticeably more than the battery receives, especially in cold weather.
- Cost per mile, not cost per charge, is the number that compares cleanly against a tank of gasoline.
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.