London EV vs Gas Savings Calculator | 2026 Comparison

Compare electric vehicle costs vs gas cars in London. See how much you could save annually with local gas prices at $6.25/gal and electricity at $0.28/kWh.

Data updated: January 2026

EV vs Gas Savings Calculator

100 mi3,000 mi

Gas Vehicle

$208

per month

Electric Vehicle

$80

per month

Estimated Annual Savings

$1,540

Gas: $6.25/gal | Electricity: $0.28/kWh (UK prices converted to US gallons for calculation)

Assumes 30 mpg gas vehicle and 3.5 mi/kWh EV efficiency

Compare EV models and find the best deals in your area

Pro Research: EV Hidden Costs Guide

Beyond the sticker price: Learn about charging costs, insurance, maintenance, and total cost of ownership for electric vehicles in 2026.

Read Our EV Costs Guide →

More for London Residents

Explore other cost calculators for London:

🏠 Fence Cost

Calculate fence installation costs
☀️ Solar Payback

Calculate solar ROI in London
🌳 Tree Removal

Estimate tree removal costs

Frequently Asked Questions

Is EV ownership expensive in London compared to the national average?

EV ownership in London offers competitive savings with gas prices at $6.25/gal and electricity at $0.28/kWh, making EVs a solid choice compared to the national average.

Are gas prices high in London?

Gas prices in London are currently $6.25 per gallon, which is 0% below the national average of $6.25/gal. This lower gas price enhances the financial advantage of switching to an electric vehicle, as EV owners in London can save more on fuel costs compared to gas-powered vehicles.

How long does EV charging take in London?

Home charging in London typically takes 8-12 hours for a full charge using Level 2 (240V) charging, or 2-4 hours for an 80% charge using DC fast charging at public stations. The expanding charging infrastructure in London makes EV ownership increasingly convenient.

What are the 2026 price trends for EV ownership in London?

In 2026, EV ownership in London remains cost-effective with gas prices at $6.25/gal and electricity at $0.28/kWh. As charging infrastructure expands and electricity rates stabilize at national averages, EV savings in London are expected to remain strong throughout 2026.

Last Verified: January 2026

EV Cost Savings in London

Electric vehicle ownership costs in London are significantly influenced by local fuel and electricity pricing. With gas prices averaging $6.25 per gallon and electricity at $0.28 per kWh, EV owners in London can see substantial savings compared to traditional gas vehicles.

The London area's charging infrastructure and utility rates make EV ownership increasingly attractive. Public charging stations are expanding throughout London, and home charging costs remain competitive with local electricity rates.

Our calculator uses 2026 pricing data specific to London, accounting for local gas station prices, residential electricity rates, and typical driving patterns. This helps you understand the true cost comparison between electric and gas vehicles for London residents.

Recommended for you