Gas vs. electric driving costs · adjust vehicle and price period below
Why is it like this in Missouri?
Missouri's electricity rate of about 13¢/kWh is among the lower in the Midwest, but that advantage is narrowing. Ameren Missouri pushed through a roughly 12% rate increase in June 2025, adding about $14/month to average bills. With gasoline priced similarly to electricity on a per-mile basis for a typical PHEV, At the January 2026 baseline, electricity is clearly the cheaper per-mile option in Missouri — though the rate trend is moving in the wrong direction for home charging, and further increases are expected.
In the news · Missouri
Missouri regulators approved a roughly 12% Ameren rate increase (~$14/month) effective June 2025 — a direct increase in the per-kWh cost that determines whether it's cheaper to drive a Missouri PHEV on gas or electricity.
Ameren sought a 15% rate increase in early 2025, setting the stage for the rate hike that went through — explains why Missouri's electricity costs were on a steep upward path.
Large data centers are paying Ameren upfront fees but could drive future rate increases if they fail to materialize — a forward-looking risk factor that may push Missouri electricity costs higher, affecting PHEV charging economics.
Curated coverage of Missouri's EV/PHEV cost, policy, and infrastructure story. External links open in a new tab.
Midwest region comparison
| State | Electric ¢/mi | Gas ¢/mi | Cheaper | Annual diff |
|---|---|---|---|---|
| North Dakota | 3.3¢ | 6.6¢ | ⚡ Electric | $400/yr |
| Nebraska | 3.6¢ | 6.7¢ | ⚡ Electric | $377/yr |
| Missouri | 3.6¢ | 6.5¢ | ⚡ Electric | $350/yr |
| South Dakota | 4.1¢ | 6.8¢ | ⚡ Electric | $325/yr |
| Illinois | 5.0¢ | 7.6¢ | ⚡ Electric | $320/yr |
| Iowa | 3.9¢ | 6.5¢ | ⚡ Electric | $316/yr |
| Indiana | 4.9¢ | 7.4¢ | ⚡ Electric | $297/yr |
| Minnesota | 4.5¢ | 6.9¢ | ⚡ Electric | $285/yr |
| Kansas | 4.3¢ | 6.4¢ | ⚡ Electric | $247/yr |
| Ohio | 5.3¢ | 7.2¢ | ⚡ Electric | $224/yr |
| Michigan | 5.9¢ | 7.8¢ | ⚡ Electric | $221/yr |
| Wisconsin | 5.5¢ | 6.5¢ | ⚡ Electric | $122/yr |