New York home charging cost for the 2026 BMW i7 M70 xDrive Sedan (20 inch Wheels)

In New York, home electricity runs 29.26¢/kWh — put a 2026 BMW i7 M70 xDrive Sedan (20 inch Wheels)'s EPA-rated 45.1 kWh/100mi against that and 100 miles costs $13.18, versus $16.02 for a gas car averaging 25.5 mpg. Charging at home is cheaper than gas here: 17.7% less than gas per mile, here specifically.

What a year of driving costs

At fueleconomy.gov's default of 15,000 annual miles, the 2026 BMW i7 M70 xDrive Sedan (20 inch Wheels) costs roughly $1,978 a year to charge at home in New York, against roughly $2,403 a year for an equivalent gas car. That's a savings of about $425 a year.

Cost of a full charge

Covering the 2026 BMW i7 M70 xDrive Sedan (20 inch Wheels)'s EPA-rated 267-mile range takes about 120.3 kWh, which costs about $35.2 at New York's residential rate — figured from the EPA's own combined range and consumption numbers, not the pack's nameplate capacity.

Where this ranks

This combination ranks 19,605 of 20,400 state/model pairs for cost savings against gas (1 is cheapest). The BMW i7 M70 xDrive Sedan (20 inch Wheels) alone ranks 360 of 400 models for efficiency; New York alone ranks 46 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.

Get quotes from local electricians for Level 2 charger installation in New York before deciding.

Where these figures come from

The methodology guide names the exact EIA and EPA tables behind this page's numbers. At 29.26¢/kWh, New York sits in the middle of the national range — the guide to why charging cost varies by state shows where.