New York home charging cost for the 2026 Volvo EX40

At New York's residential electricity rate of 29.26¢/kWh, a 2026 Volvo EX40 (rated 31.7 kWh per 100 miles by the EPA) costs $9.28 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: 42.1% less than gas per mile, here specifically.

2026 Volvo EX40: yearly cost in New York

At fueleconomy.gov's default of 15,000 annual miles, the 2026 Volvo EX40 costs roughly $1,391 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 $1,012 a year.

Cost of a full charge

Covering the 2026 Volvo EX40's EPA-rated 296-mile range takes about 93.8 kWh, which costs about $27.46 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 16,707 of 20,400 state/model pairs for cost savings against gas (1 is cheapest). The Volvo EX40 alone ranks 83 of 400 models for efficiency; New York alone ranks 46 of 51 states for electricity price.

Before you install a home charger in New York

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 York electrician to quote the install before this math becomes a real decision.

Where these figures come from

See the methodology guide for exactly which EIA and EPA figures feed 2026 Volvo EX40's cost in New York. New York's 29.26¢/kWh rate ranks 46 of 51 states; the state rate guide lays out the full spread.