EVCostIQ

The EV cost intelligence platform

EV vs gas cost in Alberta, Canada (2026) — the true 5-year total

As of July 2026: of the 51 models we price, the cheapest to own over 5 years in Alberta, Canada is the Toyota Corolla (LE gas) at $43,561 — a gas car. The cheapest electric, the Chevrolet Bolt (2027, LT) ($54,400), runs about $10,839 more — we say it plainly when the gas or hybrid car wins.

What an EV really costs to own in Alberta versus gas or a hybrid, at Alberta's electricity price of 28.00c/kWh — depreciation, charging, insurance, maintenance and registration, every figure sourced and dated. Gasoline, fuel and incentives are Canada-wide; only electricity changes by province.

Français (Québec)

Example comparison — change the vehicles belowOver 5 years, the Toyota Corolla (LE gas) (gas car) is the cheapest at $43,561 — about $10,894 less than the Tesla Model 3 ($726/mo, $0.58/km).

Total cost of ownership, cheapest first

Lowest cost Gas

Toyota Corolla (LE gas)

$43,561 / 5 yr
$726/mo$0.58/km
Lowest 5-yr cost
Electric

Tesla Model 3 (RWD)

$54,455 / 5 yr
$908/mo$0.73/km
+$10,894 more than the Toyota Corolla (25%)
Electric

Tesla Model Y (Standard RWD)

$62,012 / 5 yr
$1,034/mo$0.83/km
+$18,451 more than the Toyota Corolla (42%)

Cumulative cost over time

Total spend by each year — purchase, charging/fuel, depreciation, insurance and financing combined. Where two lines cross is your payback point.

Tesla Model 3Toyota CorollaTesla Model Y
Cumulative cost of ownership by year for each vehicle The full data is available in the breakdown table below. $0$16,743$33,486$50,230$66,9730yr 1yr 2yr 3yr 4yr 5Tesla Model 3Toyota CorollaTesla Model Y

Tesla Model 3 never beats Toyota Corolla within 5 yrs · Tesla Model Y never beats Toyota Corolla within 5 yrs

Where the money goes (full breakdown)

5-year total cost of ownership by component, by vehicle (CAD). Estimates; sources dated in the methodology.
Cost componentElectric · Tesla Model 3Gas · Toyota CorollaElectric · Tesla Model Y
Depreciation (estimated)$23,194 (43%)$12,750 (29%)$28,994 (47%)
Charging / fuel$4,902 (9%)$8,946 (21%)$4,778 (8%)
↳ of which charging loss12% (~$588)12% (~$573)
Maintenance$3,248 (6%)$5,873 (13%)$3,248 (5%)
Insurance$15,655 (29%)$11,445 (26%)$15,655 (25%)
Financing interest$6,957 (13%)$4,047 (9%)$8,837 (14%)
Registration & fees$500 (1%)$500 (1%)$500 (1%)
Total cost of ownership$54,455$43,561$62,012

Alberta reference numbers

Electricity (Alberta)
28.00c/kWhprovincial utilities · 2026-08-06
Gasoline (Canada)
$1.68/LCAA
Charging loss (modeled)
12%EPA / SAE J1634
Maintenance ($/yr)
EV $650 vs gas $1175est.
Insurance ($/yr, avg)
EV $3,131 vs gas $2,289est.
Federal EVAP (BEV)
up to $5,000Transport Canada

What is different about Alberta's numbers

Home electricity in Alberta is 28.00c/kWh — 69.7% above the 16.50c Canada average (provincial utilities, 2026-08-06), which makes Alberta the most expensive of the 7 provinces we price: 4.1× more than a household pays in Quebec. Gasoline stays Canada-wide at $1.68/L (CAA), as do registration and incentives, so Alberta changes exactly one input on this page.

What the provincial utilities figure for Alberta actually is: CRITICAL — ALL-IN deregulated rate (~25-29¢; Edmonton ~29¢). Do NOT use the ~12¢ energy-only Rate-of-Last-Resort headline — that is the single most common error in Canadian EV calculators. Delivery + admin + transmission roughly doubles the energy charge.

Run all 49 models that have their own cost page through the kernel at both rate sets and the average electric car's 5-year total in Alberta lands $2,322 above its Canada-average figure, while a gas or hybrid car's total does not move by a cent — in Canada only electricity changes by province. Net effect: Alberta widens the gap an EV has to close by about $2,322. At Alberta rates EVs take 0 of the 12 head-to-head matchups we track, against 0 at the Canada average — we publish that whichever way it falls.

Take one car — a Chevrolet Bolt (2027, LT) — and Alberta is the most expensive place in Canada to keep it charged: $3,647 more over 5 years in Alberta than the identical car in Quebec.

Running cost at Alberta prices: a Chevrolet Bolt (2027, LT) draws about $4.96 of electricity per 100 km charging at home in Alberta with the ~12% charging loss counted, against $11.76 of gas for a 7 L/100km car — a gas car would have to do 3.0 L/100km to match the EV's energy bill in Alberta. Only the most frugal small hybrids get near that, so on energy alone an EV is still well ahead in Alberta. Energy is only one line of the total: depreciation and insurance decide the 5-year figure, which is why most of the matchups on this page still go to the gas or hybrid car.

Sorting all 49 models by 5-year cost at Alberta rates instead of the Canada average moves 27 of them out of the position they hold nationally. The ones Alberta moves furthest:

Alberta is also the most expensive province in Canada for 22 of them.

Cheapest to own in Alberta, Canada

Ranked by true 5-year cost at Alberta's own electricity rate (15,000 km/yr, all-in). Tap a column to sort, or filter by type:

The 21 models Alberta changes something for — its cheapest tier, its cheapest EVs, both sides of every matchup that changes hands here, and every model that hits its cheapest or dearest province in Alberta. Priced at Alberta rates, cheapest to own first.
Type
Toyota Corolla (LE gas)Gas$24,520$43,561$726
Toyota Camry (Hybrid SE FWD)Hybrid$34,575$45,080$751
Nissan Kicks S FWD (ICE)Gas$27,198$45,835$764
Honda Civic (LX sedan, gas)Gas$29,000$46,859$781
Toyota RAV4 (Hybrid LE AWD)Hybrid$37,500$48,042$801
Nissan Rogue (S AWD gas)Gas$34,598$51,327$855
Kia Sportage (LX AWD 2.5L gas)Gas$32,295$51,334$856
Honda CR-V HybridHybrid$43,015$52,987$883
Hyundai Tucson (Essential gas FWD)Gas$35,099$53,194$887
Subaru Crosstrek Hybrid (HEV)Hybrid$43,781$53,624$894
Chevrolet Bolt (2027, LT)Electric$39,999$54,400$907
Tesla Model 3 (RWD)Electric$39,990$54,455$908
Hyundai Kona Electric (Preferred)Electric$43,999$58,248$971
Toyota bZ (XLE FWD)Electric$45,990$59,157$986
Chevrolet Equinox EV (LT FWD)Electric$46,200$60,311$1,005
Volvo EX30 Single Motor ERElectric$47,919$60,855$1,014
Ford Mustang Mach-E (Standard Range RWD)Electric$48,090$62,103$1,035
Nissan Ariya (SV FWD)Electric$52,898$65,889$1,098
Honda Prologue (EX AWD)Electric$59,990$71,337$1,189
Kia EV9 (Light Long Range RWD)Electric$59,995$71,371$1,190
Ford F-150 Lightning (XLT Extended Range)Electric$74,995$86,119$1,435

That is the Alberta-relevant slice of the fleet. All 49 models we price, at the Canada average rate, are on the Canada hub.

Matchups that change hands in Alberta

None of them. All 12 head-to-head matchups come out the same way at Alberta rates as at the Canada average: Alberta's electricity price moves an average EV's 5-year total by $2,322, which is never enough to change a winner in Alberta. All 12 Canada matchups →

Provinces whose numbers look like Alberta's

Closest matches to Alberta on home electricity and pump price — where the same car lands nearest to its Alberta total — plus the cheapest and dearest provinces in Canada to run an EV:

Alberta is one of 7 provinces we price: see all of them, and the full 49-model directory →

← All Canada EV costs (national average)

FAQ

Is an electric car cheaper to own than a gas car in Alberta, Canada?

Usually not at typical mileage, as of July 2026: the cheapest model we track in Alberta, Canada is the Toyota Corolla (LE gas) (a gas car) at $43,561 over 5 years, while the cheapest electric — the Chevrolet Bolt (2027, LT) at $54,400 — runs about $10,839 more. High mileage or cheap home charging can flip it; each comparison page shows exactly when.

Which EV is cheapest to own in Alberta, Canada?

As of July 2026, the Chevrolet Bolt (2027, LT) — about $54,400 over 5 years all-in: depreciation, charging (including losses), insurance, maintenance, registration and financing.

What do electricity and gas cost in Alberta, Canada right now?

Our totals use 28.00c/kWh for home electricity (provincial utilities) and $1.68/L for gas (CAA), as of August 6, 2026.

What does the 5-year total include?

Depreciation, charging or fuel (including the ~12% AC charging loss most calculators omit), insurance, maintenance, registration and financing interest — every source dated.

How much does it cost to charge an EV in Alberta?

About $4.96 per 100 km charging at home at Alberta's residential rate (28.00c/kWh, provincial utilities), including the ~12% charging loss — using a Chevrolet Bolt (2027, LT) as the reference. A gas car doing 7 L/100km burns about $11.76 over the same distance. Cost to charge every model in Canada →

Estimates for planning, not financial advice. Canada depreciation, insurance and maintenance are dated estimates calibrated to Canada sources. How we calculate →