Minnesota home charging cost for the 2026 Volvo EX40

A 2026 Volvo EX40 draws 31.7 kWh per 100 miles per the EPA; at Minnesota's 15.98¢/kWh residential rate that's $5.07 per 100 miles charged at home, versus $16.02 for a 25.5-mpg gas car covering the same distance. Charging at home costs a fraction of what gas would here: 68.4% less than gas per mile, here specifically.

2026 Volvo EX40: yearly cost in Minnesota

At fueleconomy.gov's default of 15,000 annual miles, the 2026 Volvo EX40 costs roughly $760 a year to charge at home in Minnesota, against roughly $2,403 a year for an equivalent gas car. That's a savings of about $1,643 a year.

What one full charge costs

Covering the 2026 Volvo EX40's EPA-rated 296-mile range takes about 93.8 kWh, which costs about $15 at Minnesota's residential rate — figured from the EPA's own combined range and consumption numbers, not the pack's nameplate capacity.

How this compares nationally

This combination ranks 4,803 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; Minnesota alone ranks 26 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.

Line up a few Minnesota electrician quotes for Level 2 install before you commit either way.

Where these figures come from

See the methodology guide for exactly which EIA and EPA figures feed 2026 Volvo EX40's cost in Minnesota. Curious how Minnesota's 15.98¢/kWh compares? The guide to charging cost by state ranks every state side by side.