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

At 25.19¢ per kilowatt-hour — New Jersey's average residential price in July 2026 — running an electric car costs $957 a year. That is 38% more than the national average of $696. New Jersey's residential rate is down 0.5% from July 2025, which moves this appliance from $962 to $957 a year.

Per day
$2.62
Per month
$79.77
Per year
$957

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 New Jersey compares

New Jersey pays 25.19¢/kWh, the 10th most expensive residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $261 more 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
Vermont23.75¢$75.21$902
Connecticut24.16¢$76.51$918
New Jersey25.19¢$79.77$957
District of Columbia25.21¢$79.83$958
New Hampshire26.60¢$84.23$1,011

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

What else costs about the same in New Jersey

Cutting the number down

Questions

How much does an electric car cost per month in New Jersey?
About $79.77 a month, assuming 3,800 kWh a year at 25.19¢/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?
New Jersey has the 10th most expensive average residential rate in the country, so this appliance costs more here than the U.S. average of $696 a year.