Rates updated July 2026 · Source: U.S. Energy Information Administration
Homes in Indiana pay an average of 16.73¢ per kWh for electricity, 9% below the national average of 18.31¢. That makes Indiana in the middle of the pack for EV charging costs.
At that rate, driving 1,000 miles a month costs between $40 (Tesla Model 3) and $81 (Ford F-150 Lightning) when you charge at home on Level 2. A Tesla Model Y saves about $102 a month compared with buying gas at $4.00 a gallon.
Calculate your own cost in Indiana
Enter the rate from your own bill for the most accurate number. Utility rates within a state can differ widely from the average.
Assumes Level 2 home charging at 90% efficiency and EPA-rated range. Electricity rates: EIA residential averages, July 2026.
Cost to charge popular EVs in Indiana
| Model | Full charge | Per mile | Per 1,000 mi | Saved vs gas |
|---|---|---|---|---|
| Tesla Model Y | $14.69 | 4.1¢ | $41 | $102 |
| Tesla Model 3 | $14.69 | 4.0¢ | $40 | $102 |
| Hyundai IONIQ 5 | $15.61 | 4.9¢ | $49 | $94 |
| Toyota bZ | $13.89 | 4.4¢ | $44 | $99 |
| Chevrolet Equinox EV | $15.80 | 5.0¢ | $50 | $93 |
| Ford Mustang Mach-E | $16.92 | 5.6¢ | $56 | $86 |
| Honda Prologue | $15.80 | 5.1¢ | $51 | $92 |
| Lexus RZ | $14.31 | 4.8¢ | $48 | $95 |
| Cadillac LYRIQ | $18.96 | 5.8¢ | $58 | $85 |
| Kia EV6 | $15.61 | 4.9¢ | $49 | $94 |
| Kia EV9 | $18.55 | 6.1¢ | $61 | $82 |
| Hyundai IONIQ 9 | $20.45 | 6.1¢ | $61 | $82 |
| Nissan LEAF | $13.94 | 4.6¢ | $46 | $97 |
| Volkswagen ID.4 | $15.24 | 5.2¢ | $52 | $90 |
| Chevrolet Bolt | $12.08 | 4.6¢ | $46 | $97 |
| Ford F-150 Lightning | $24.35 | 8.1¢ | $81 | $62 |
| Tesla Cybertruck | $22.86 | 6.8¢ | $68 | $75 |
Full charge = 0 to 100% of usable battery at 90% charging efficiency. Most owners charge from about 20% to 80%, which costs roughly 60% of the full-charge figure.
How to pay less than the Indiana average
- Ask your utility about an EV or time-of-use plan. Off-peak overnight rates are often far below the average. Our time-of-use savings calculator shows what that's worth.
- Schedule charging in your car's app or charger app so it starts after peak hours end.
- Check for charger rebates from your utility before you buy hardware. Many utilities offer them even though the federal charger credit has ended.
- Charge at home, not on fast chargers. Public DC fast charging averages around 41¢/kWh, more than double most home rates.
Nearby rates
States with similar electricity prices: Georgia (16.27¢), Alabama (16.40¢), Colorado (17.00¢), Minnesota (17.45¢). See all 50 states.
Frequently asked questions
How much does it cost to charge an EV in Indiana?
At the Indiana average residential rate of 16.73¢/kWh, a full charge costs about $14.69 for a Tesla Model Y and $15.80 for a Chevrolet Equinox EV, including typical Level 2 charging losses.
Is it cheaper to charge an EV than buy gas in Indiana?
For 1,000 miles a month, a Tesla Model Y costs about $41 in electricity versus about $143 in gas for a 28-mpg car at $4.00 a gallon.
How does Indiana compare with other states?
Indiana ranks #29 of 50 states for residential electricity price (1 = cheapest), at 9% below the national average.