What it costs to charge a 2026 Volvo EX40 in Illinois

At Illinois's residential electricity rate of 19.22¢/kWh, a 2026 Volvo EX40 (rated 31.7 kWh per 100 miles by the EPA) costs $6.09 to drive 100 miles on home charging, against $16.02 for the same distance in a car averaging 25.5 mpg on gasoline at $4.085/gallon. That works out to 62% cheaper per mile than gasoline in Illinois — charging at home is much cheaper than gas here.

Annual cost, at 15 thousands miles a year

Home charging this 2026 Volvo EX40 in Illinois runs about $914 over fueleconomy.gov's default 15,000 annual miles, versus about $2,403 for the gasoline equivalent. Call it about $1,489 saved annually, at this mileage.

Filling up the 2026 Volvo EX40, in dollars

$18.04 — that's what Illinois's 19.22¢/kWh rate puts on the 93.8 kWh a 2026 Volvo EX40 needs for its full 296-mile EPA range.

Where this ranks

Among all 20,400 state-and-model combinations this site tracks, charging a 2026 Volvo EX40 in Illinois ranks 9,810 for cost savings versus gas — 1 being the best deal nationally. Separately, the Volvo EX40 ranks 83 of 400 EV models for raw efficiency, and Illinois ranks 36 of 51 for cheapest residential electricity.

Next step: home charger installation

Everything above is the per-mile and per-year cost once a home charger exists — getting one installed is a separate electrical job whose price depends on your panel and wiring, not the state average used here.

Get quotes from local electricians for Level 2 charger installation in Illinois before deciding.

More on how this number was built

Every figure on this page traces to a named EIA or EPA dataset — see the methodology guide. Illinois's 19.22¢/kWh rate ranks 36 of 51 states; the state rate guide lays out the full spread.