EV Charging Cost in New Mexico

Home electricity here averages 15.06¢/kWh, 14 of 51 nationally. That makes a full charge anywhere from $14.61 (Lucid Air) to $30.60 (GMC Hummer EV Pickup), and running costs of $417–$1,155 a year.

Every EV in New Mexico, cheapest to run first

Charging cost of every electric car in New Mexico
Vehicle kWh/100 mi Full charge Per 100 mi Per year vs petrol
Lucid Air23.1$14.61$3.48$417$1,217
Tesla Model 326.4$13.76$3.98$477$1,157
Tesla Model S27.1$16.73$4.08$490$1,144
Tesla Model Y27.5$13.54$4.14$497$1,137
Hyundai Ioniq 628$13.33$4.22$506$1,128
Subaru Solterra28$12.14$4.22$506$1,128
Toyota bZ28$12.14$4.22$506$1,128
BMW iX28.6$18.69$4.31$517$1,117
BMW i528.9$14.28$4.35$522$1,112
Fiat 500e29.2$6.55$4.40$528$1,106
Audi Q4 e-tron29.4$12.75$4.43$531$1,103
Volkswagen ID.429.8$13.06$4.49$539$1,095
Hyundai Ioniq 530$14.37$4.52$542$1,092
Nissan Leaf30.4$6.82$4.58$549$1,085
Genesis GV6030.6$14.10$4.61$553$1,081
BMW i430.8$11.64$4.64$557$1,077
Lucid Gravity31.1$21.08$4.68$562$1,072
Volvo EX3031.1$11.85$4.68$562$1,072
Tesla Model X32.2$17.07$4.85$582$1,052
Audi Q6 e-tron32.5$15.91$4.89$587$1,047
Chevrolet Equinox EV32.6$15.07$4.91$589$1,045
Polestar 233.5$14.03$5.05$605$1,029
Cadillac Optiq34$15.51$5.12$614$1,020
Mercedes-Benz EQS34$19.97$5.12$614$1,020
Honda Prologue34.1$15.10$5.14$616$1,018
Nissan Ariya34.4$14.97$5.18$622$1,012
Mini Cooper SE34.6$11.26$5.21$625$1,009
Porsche Macan Electric34.6$16.10$5.21$625$1,009
Lexus RZ35.3$12.17$5.32$638$996
Chevrolet Blazer EV35.7$15.22$5.38$645$989
Mercedes-Benz EQE36$16.70$5.42$651$983
Jeep Wagoneer S36.2$16.03$5.45$654$980
Cadillac Lyriq36.8$18.07$5.54$665$969
Volvo EX9036.8$15.30$5.54$665$969
Genesis Electrified GV7037.3$14.04$5.62$674$960
Ford Mustang Mach-E37.4$15.77$5.63$676$958
Polestar 337.5$17.62$5.65$678$956
Acura ZDX37.7$18.34$5.68$681$953
Hyundai Ioniq 938$18.31$5.72$687$947
Porsche Taycan39$17.21$5.87$705$929
Volkswagen ID. Buzz40.8$14.38$6.14$737$897
Kia EV641$14.26$6.17$741$893
Tesla Cybertruck42.9$21.00$6.46$775$859
Kia EV943$16.84$6.48$777$857
Rivian R1S44.4$25.01$6.69$802$832
Rivian R1T44.4$25.01$6.69$802$832
Chevrolet Silverado EV47.8$30.52$7.20$864$770
Ford F-150 Lightning49.4$17.86$7.44$893$741
GMC Sierra EV49.5$30.56$7.45$895$739
GMC Hummer EV Pickup63.9$30.60$9.62$1,155$479

Annual figures over 12,000 miles. Petrol comparison at 30 mpg and $4.09 a gallon.

What this means in New Mexico

At 15.06 cents per kWh, New Mexico is 4.36 cents below the national average. The same Lucid Air that costs $14.61 to fill here costs $12.72 in Nevada and $51.15 in Hawaii.

Every car on this page beats petrol here. The cheapest to run, the Lucid Air, saves about $1,217 a year against a 30 mpg car — and even the thirstiest still saves $479.

These are flat residential averages. Most utilities offer a time-of-use plan where overnight charging costs considerably less, and public fast charging costs considerably more. Each vehicle page lets you enter your own rate.

Frequently asked questions

How much does it cost to charge an electric car in New Mexico?
New Mexico residential electricity averages 15.06 cents per kWh, which ranks it 14 of 51 nationally. A full charge ranges from $14.61 for a Lucid Air to $30.60 for a GMC Hummer EV Pickup.
Which EV is cheapest to run in New Mexico?
The Lucid Air, at $3.48 per 100 miles — roughly $417 a year over 12,000 miles. The most expensive to run is the GMC Hummer EV Pickup at $9.62 per 100 miles.
Is an EV cheaper than petrol in New Mexico?
Yes, for every car here. A 30 mpg petrol car costs about $13.62 per 100 miles at $4.09 a gallon; even the thirstiest EV on this page comes in below that.
Why is electricity so cheap in New Mexico?
New Mexico sits 4.36 cents below the 19.42-cent national average. The national spread runs from 13.11 cents in Nevada to 52.72 in Hawaii — generation mix, fuel costs and transmission distance all feed into it.

Vehicle data: EPA fueleconomy.gov, model years 2025-2027. Electricity: EIA Electric Power Monthly Table 5.6.A, residential, June 2026. Petrol: EIA weekly retail gasoline price, 24 August 2026.

Estimates for informational purposes only. Real charging cost depends on your tariff, time of use, charger efficiency, temperature, driving style and state of charge. EPA figures are a standardised test result, not a promise about your car.

Data on this page last verified . How these figures are calculated

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