EV Charging Cost in Iowa: 13.42¢ per kWh

▼ 30% below US average
Residential electricity in Iowa costs 13.42¢/kWh (March 2026), the 5th cheapest of all 50 states and DC. A full 60 kWh EV charge costs about $8.05 — roughly 12% more than North Dakota, the cheapest state at 11.95¢/kWh.

Latest EIA data: March 2026 Published May 24, 2026 Source: U.S. Energy Information Administration

13.42¢
per kWh ▲ 5.34% MoM
$8.05
Full 60 kWh charge
3.8¢
Cost per mile
$1,220
Annual savings vs gas*

Iowa Electricity Price Trend (24 Months)

11¢ 13¢ 16¢ 18¢ 20¢ Apr '24Oct '24Apr '25Oct '25Mar '26 13.42¢
Iowa US average

Charging Cost by Battery Size in Iowa

Battery Example EV Est. range Full charge (0–100%)
40 kWh Nissan Leaf 140 mi $5.37
60 kWh Typical EV 210 mi $8.05
80 kWh Tesla Model 3 LR 280 mi $10.74
100 kWh Tesla Model S 350 mi $13.42

Estimated range and charge cost assume 3.5 mi/kWh efficiency at Iowa's 13.42¢/kWh residential rate. *Annual savings assumes 1,000 miles/month vs a 25 MPG gas car at $3.50/gallon.

Over the past year, electricity in Iowa has increased 7.53%, from 12.48¢ to 13.42¢ per kWh.

Compare Iowa to Neighboring States

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Frequently Asked Questions

How much does electricity cost in Iowa?

Residential electricity in Iowa costs 13.42¢/kWh as of March 2026, according to the U.S. Energy Information Administration. That is 30% below the US average of 19.16¢/kWh, ranking Iowa the 5th cheapest of all 50 states and DC.

How much does it cost to charge an EV in Iowa?

At 13.42¢/kWh, a full 0–100% charge costs about $5.37 for a 40 kWh battery, $8.05 for a typical 60 kWh EV, and $13.42 for a 100 kWh battery. That works out to roughly 3.8¢ per mile of driving.

Is it cheaper to drive an EV than a gas car in Iowa?

Yes. Driving 1,000 miles a month on electricity in Iowa costs about $460 a year, versus roughly $1,680 for a 25 MPG gas car at $3.50/gallon — an annual saving of about $1,220.

Electricity price from the U.S. Energy Information Administration (Form EIA-861), March 2026.