EV Home Charging Cost

July 2026 prices, downloaded 2026-10-16

EV home charging cost in New Mexico

Charging an electric car at home in New Mexico costs about $4.83 per 100 miles for a car that uses 30 kWh per 100 miles, based on a residential price of 16.09 cents per kWh in July 2026.

16.09cents per kWh
26th cheapest of 51

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The average residential electricity price in New Mexico was 16.09 cents per kWh in July 2026, according to EIA.

Energy use per 100 miles comes from the EPA fuel economy ratings; each car's page links its source.

What it costs by car

CarkWh per 100 miCost per 100 miPer month (1,000 mi)Per year (12,000 mi)
2025 Tesla Model 3 Long Range RWD25$4.02$40.23$483
2025 Tesla Model Y Long Range RWD27$4.34$43.44$521
2025 Toyota bZ4X28$4.51$45.05$541
2025 Hyundai Ioniq 5 RWD30$4.83$48.27$579
2025 Kia EV6 Long Range RWD30$4.83$48.27$579
2025 Nissan LEAF30$4.83$48.27$579
2025 Chevrolet Equinox EV FWD31$4.99$49.88$599
2025 Ford Mustang Mach-E RWD31$4.99$49.88$599
2025 Volkswagen ID.432$5.15$51.49$618
2025 Cadillac LYRIQ36$5.79$57.92$695
2025 Rivian R1S Dual Large (20in)43$6.92$69.19$830
2025 Ford F-150 Lightning 4WD ER148$7.72$77.23$927

Costs are the car's energy use multiplied by the state price, with no allowance for a time-of-use plan, a fixed monthly fee or charging away from home. Use the calculator to enter your own mileage.

How New Mexico compares

New Mexico ranks 26th cheapest of the 51 places on this site (the 50 states and the District of Columbia), at 16.09 cents per kWh. The U.S. average in the same table is 18.31 cents, so New Mexico is 12% below it.

The cheapest place is Louisiana at 12.72 cents and the most expensive is Hawaii at 48 cents, a gap of $10.58 per 100 miles for the same car.

States with the closest prices: Missouri (16.09), Iowa (15.99), Oregon (15.97), Georgia (16.27). See all 51 places ranked, or go to New Jersey or New York.