What it costs to charge a 2027 BMW i5 eDrive40 Sedan (19 inch Wheels) in New Jersey

A 2027 BMW i5 eDrive40 Sedan (19 inch Wheels) draws 28.9 kWh per 100 miles per the EPA; at New Jersey's 23.65¢/kWh residential rate that's $6.84 per 100 miles charged at home, versus $16.02 for a 25.5-mpg gas car covering the same distance. That works out to 57.3% cheaper per mile than gasoline in New Jersey — charging at home is much cheaper than gas here.

Annual cost, at 15 thousands miles a year

Home charging this 2027 BMW i5 eDrive40 Sedan (19 inch Wheels) in New Jersey runs about $1,026 over fueleconomy.gov's default 15,000 annual miles, versus about $2,403 for the gasoline equivalent. Call it about $1,376 saved annually, at this mileage.

Cost of a full charge

$22.45 — that's what New Jersey's 23.65¢/kWh rate puts on the 94.9 kWh a 2027 BMW i5 eDrive40 Sedan (19 inch Wheels) needs for its full 328-mile EPA range.

How this compares nationally

Among all 20,400 state-and-model combinations this site tracks, charging a 2027 BMW i5 eDrive40 Sedan (19 inch Wheels) in New Jersey ranks 12,608 for cost savings versus gas — 1 being the best deal nationally. Separately, the BMW i5 eDrive40 Sedan (19 inch Wheels) ranks 37 of 400 EV models for raw efficiency, and New Jersey ranks 40 of 51 for cheapest residential electricity.

Before you install a home charger in New Jersey

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.

Ask a licensed New Jersey electrician to quote the install before this math becomes a real decision.

More on how this number was built

Every figure on this page traces to a named EIA or EPA dataset — see the methodology guide. Curious how New Jersey's 23.65¢/kWh compares? The guide to charging cost by state ranks every state side by side.