2026 Volvo EX40: home charging cost in Indiana

At Indiana's residential electricity rate of 17.11¢/kWh, a 2026 Volvo EX40 (rated 31.7 kWh per 100 miles by the EPA) costs $5.42 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. Charging at home costs a fraction of what gas would here: 66.1% less than gas per mile, here specifically.

What a year of driving costs

Driving 15,000 miles a year — fueleconomy.gov's own default assumption — a 2026 Volvo EX40 charged at home in Indiana costs about $814/year in electricity, against about $2,403/year for the gas-car comparison. That's a savings of about $1,589 a year.

Filling up the 2026 Volvo EX40, in dollars

A 2026 Volvo EX40 needs roughly 93.8 kWh to reach its EPA-rated 296-mile range, which runs about $16.06 at 17.11¢/kWh in Indiana.

How this compares nationally

This combination ranks 6,617 of 20,400 state/model pairs for cost savings against gas (1 is cheapest). The Volvo EX40 alone ranks 83 of 400 models for efficiency; Indiana alone ranks 32 of 51 states for electricity price.

Getting set up to charge a 2026 Volvo EX40 at home

The numbers above assume Level 2 home charging is already in place — the electrical work behind that is a real, separate cost that varies by panel, wiring, and local labor rates, not something this page's per-mile math includes.

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

Where these figures come from

See the methodology guide for exactly which EIA and EPA figures feed 2026 Volvo EX40's cost in Indiana. Indiana's 17.11¢/kWh rate ranks 32 of 51 states; the state rate guide lays out the full spread.