Charging a 2027 BMW i5 eDrive40 Sedan (21 inch Wheels) at home in Michigan

A 2027 BMW i5 eDrive40 Sedan (21 inch Wheels) draws 33.9 kWh per 100 miles per the EPA; at Michigan's 21.14¢/kWh residential rate that's $7.16 per 100 miles charged at home, versus $16.02 for a 25.5-mpg gas car covering the same distance. That works out to 55.3% cheaper per mile than gasoline in Michigan — charging at home is much cheaper than gas here.

Annual cost, at 15 thousands miles a year

Michigan owners putting 15,000 annual miles on a 2027 BMW i5 eDrive40 Sedan (21 inch Wheels) spend about $1,074 on home electricity, compared to about $2,403 a gas-car equivalent would spend on fuel. Call it about $1,329 saved annually, at this mileage.

Cost of a full charge

At Michigan's rate, fully covering this 2027 BMW i5 eDrive40 Sedan (21 inch Wheels)'s 280-mile EPA range costs about $20.04 (94.8 kWh) — the energy the EPA test actually used, not the battery's rated size.

How this compares nationally

Among all 20,400 state-and-model combinations this site tracks, charging a 2027 BMW i5 eDrive40 Sedan (21 inch Wheels) in Michigan ranks 13,452 for cost savings versus gas — 1 being the best deal nationally. Separately, the BMW i5 eDrive40 Sedan (21 inch Wheels) ranks 120 of 400 EV models for raw efficiency, and Michigan ranks 38 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 Michigan before deciding.

More on how this number was built

The methodology guide names the exact EIA and EPA tables behind this page's numbers. At 21.14¢/kWh, Michigan sits in the middle of the national range — the guide to why charging cost varies by state shows where.