2027 BMW i5 xDrive40 Sedan (20 inch Wheels): home charging cost in New Jersey

At New Jersey's residential electricity rate of 23.65¢/kWh, a 2027 BMW i5 xDrive40 Sedan (20 inch Wheels) (rated 35 kWh per 100 miles by the EPA) costs $8.28 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 is much cheaper than gas here: 48.3% 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 2027 BMW i5 xDrive40 Sedan (20 inch Wheels) charged at home in New Jersey costs about $1,242/year in electricity, against about $2,403/year for the gas-car comparison. That's a savings of about $1,161 a year.

Cost of a full charge

A 2027 BMW i5 xDrive40 Sedan (20 inch Wheels) needs roughly 95.6 kWh to reach its EPA-rated 273-mile range, which runs about $22.61 at 23.65¢/kWh in New Jersey.

Where this ranks

This combination ranks 15,479 of 20,400 state/model pairs for cost savings against gas (1 is cheapest). The BMW i5 xDrive40 Sedan (20 inch Wheels) alone ranks 149 of 400 models for efficiency; New Jersey alone ranks 40 of 51 states for electricity price.

Before you install a home charger in New Jersey

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.

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

Where these figures come from

Every figure on this page traces to a named EIA or EPA dataset — see the methodology guide. New Jersey's 23.65¢/kWh rate ranks 40 of 51 states; the state rate guide lays out the full spread.