OwnRate

Chevrolet Equinox EV vs Chevrolet Equinox (gas): running cost

The Chevrolet Equinox EV is the cheaper of the two to run, at $750/year in electricity versus $2,300 for the Chevrolet Equinox (gas) (EPA estimate). That's about $1,550 a year, or $7,750 over five years, on fuel alone. Per mile it's 6¢ vs 13¢. Full side-by-side below.

Source: EPA / DOE FuelEconomy.gov vehicle data. Data as of June 2026.

Chevrolet Equinox EV vs Chevrolet Equinox (gas) side by side

Running-cost comparison. Source: EPA / DOE FuelEconomy.gov vehicle data, 2023–2027 model years. 5-year cost-to-own includes documented (non-EPA) assumptions — see methodology.
MetricChevrolet Equinox EVChevrolet Equinox (gas)
PowertrainElectric (EV)Gas
Model year20262027
Efficiency103 MPGe27 MPG
EPA annual fuel cost$750$2,300
Cost to drive 1,000 mi$57$126
Cost per mile13¢
5-year fuel (EPA)$3,750$11,500
Tailpipe CO20 g/mi333 g/mi
Est. 5-year cost to own$35,670$40,700

What the numbers mean

The fuel/energy figures above are EPA data and are directly comparable. The Chevrolet Equinox EV's lower running cost adds up to roughly $7,750 over five years — money that can offset a higher purchase price. Whether that makes it the better buy depends on what each costs up front, how many miles you drive, and your local fuel and electricity prices. Model your own scenario with the EV-vs-gas calculator or the cost-to-own calculator.

Frequently asked questions

Is the Chevrolet Equinox EV or the Chevrolet Equinox (gas) cheaper to run?

On EPA estimated annual fuel cost, the Chevrolet Equinox EV is cheaper to run at $750/yr versus $2,300 for the Chevrolet Equinox (gas) — a saving of about $1,550 a year, or $7,750 over five years on fuel alone.

Chevrolet Equinox EV vs Chevrolet Equinox (gas): which has lower running cost per mile?

The Chevrolet Equinox EV costs about 6¢ per mile to fuel/charge at June 2026 prices, versus 13¢ for the Chevrolet Equinox (gas). Cost per mile is driven by efficiency and the price of gasoline vs electricity.

Does the cheaper-to-run model also cost less to own?

OwnRate's 5-year cost-to-own estimate is $35,670 for the Chevrolet Equinox EV and $40,700 for the Chevrolet Equinox (gas). Note these include illustrative depreciation, insurance and maintenance assumptions, not just fuel — so the cheapest to fuel isn't always the cheapest to own. See the methodology.

Chevrolet Equinox EV vs Chevrolet Equinox (gas): which is better for the environment?

The electric option has zero tailpipe CO2, though upstream electricity generation still has emissions that vary by grid. Lower fuel use generally means lower emissions.

Keep exploring

Last updated: 2026-06-20