2027 BMW i7 xDrive60 Sedan (21 inch Summer Tires): home charging cost in New Jersey

At New Jersey's residential electricity rate of 23.65¢/kWh, a 2027 BMW i7 xDrive60 Sedan (21 inch Summer Tires) (rated 38.3 kWh per 100 miles by the EPA) costs $9.06 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: 43.5% less than gas per mile, here specifically.

Annual cost, at 15 thousands miles a year

Driving 15,000 miles a year — fueleconomy.gov's own default assumption — a 2027 BMW i7 xDrive60 Sedan (21 inch Summer Tires) charged at home in New Jersey costs about $1,358/year in electricity, against about $2,403/year for the gas-car comparison. That's a savings of about $1,045 a year.

What one full charge costs

A 2027 BMW i7 xDrive60 Sedan (21 inch Summer Tires) needs roughly 133.2 kWh to reach its EPA-rated 348-mile range, which runs about $31.51 at 23.65¢/kWh in New Jersey.

How this compares nationally

This combination ranks 16,449 of 20,400 state/model pairs for cost savings against gas (1 is cheapest). The BMW i7 xDrive60 Sedan (21 inch Summer Tires) alone ranks 221 of 400 models for efficiency; New Jersey alone ranks 40 of 51 states for electricity price.

Next step: home charger installation

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 New Jersey electrician quotes for Level 2 install before you commit either way.

Where these figures come from

Every figure on this page traces to a named EIA or EPA dataset — see the methodology guide. At 23.65¢/kWh, New Jersey sits in the middle of the national range — the guide to why charging cost varies by state shows where.