What it costs to charge a 2027 BMW i7 xDrive60 Sedan (20 inch Summer Tires) in New Jersey

At New Jersey's residential electricity rate of 23.65¢/kWh, a 2027 BMW i7 xDrive60 Sedan (20 inch Summer Tires) (rated 36.5 kWh per 100 miles by the EPA) costs $8.63 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. That works out to 46.1% cheaper per mile than gasoline in New Jersey — charging at home is much cheaper than gas here.

What a year of driving costs

Home charging this 2027 BMW i7 xDrive60 Sedan (20 inch Summer Tires) in New Jersey runs about $1,295 over fueleconomy.gov's default 15,000 annual miles, versus about $2,403 for the gasoline equivalent. Call it about $1,108 saved annually, at this mileage.

What one full charge costs

$31.25 — that's what New Jersey's 23.65¢/kWh rate puts on the 132.2 kWh a 2027 BMW i7 xDrive60 Sedan (20 inch Summer Tires) needs for its full 362-mile EPA range.

How this compares nationally

Among all 20,400 state-and-model combinations this site tracks, charging a 2027 BMW i7 xDrive60 Sedan (20 inch Summer Tires) in New Jersey ranks 15,948 for cost savings versus gas — 1 being the best deal nationally. Separately, the BMW i7 xDrive60 Sedan (20 inch Summer Tires) ranks 177 of 400 EV models for raw efficiency, and New Jersey ranks 40 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.

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

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.