What is the average cost of buying an electric car?

The average price paid for a new EV was $56,238 in June 2026, according to Kelley Blue Book. For comparison, the average transaction price across all new vehicles was $49,758 that month. Those are market averages, not the price of a typical individual EV, and actual prices vary widely by size, brand, range, trim, and incentives.

The former federal new- and used-clean-vehicle purchase credits are not available for vehicles acquired after September 30, 2025. State, utility, manufacturer, lease, and dealer offers can still affect the effective price. When comparing affordability, also include charging, insurance, maintenance, registration, and expected resale value, not just the sticker price.