With the price of gas in the stratosphere, it's got a lot of people thinking about getting themselves an electric vehicle.

Gas just hit another all time high in Connecticut, and that means that people are starting to think about alternative means of transportation, mainly electric vehicles.

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If you've made the rounds on Twitter recently, you may have come across some posts claiming that it's cheaper to fill your car with gas then to fully charge an electric vehicle. An article from Fox Business, which boasts the same claim about gas versus electric, is also making the rounds on social media.

So what's the bottom line behind these latest rumors that gas is cheaper then electric? According to the Environmental Protection Agency, the average car was able to get just under 26 miles per gallon of gas in 2021. The most recent national price of gas is $4.34 a gallon, so if you do the math it means that it will cost about 17 cents to drive one mile in the average gas powered vehicle.

Compare that with the U.S. Department of Energy statistics about an electric vehicle that has a 66 kilowatt hour battery and basically can get that car about 200 miles on a single charge.

Now it's not all just cut and dry. We have to factor in the charging habits of individuals, but for the most part we're looking at paying an average of 15 cents per kilowatt hour to get a full charge on the electric vehicle. Again, if you do the math it comes out to basically 5 cents to drive that car one mile.

So there's the comparison of both gas and electric, and yes we can conclude that if it costs 17 cents to drive a mile in a gas powered car, and only 5 cents to drive a mile in an electric car, the electric vehicle is indeed cheaper to drive.

Now the question you have to ask is, how long does it take to charge an electric car? You already know about filling your car with gas and how long that takes, and yes, electric vehicles are going to take longer, but how long?

First, according to evco.com, there are three types of charging levels. Level 1 charging which uses a standard wall outlet and can take multiple hours to charge, level two charging which uses a higher powered outlet but can still take some time to charge, and then there's fast charging stations that can do the job in about 30 minutes.

So there is some slight truth to what you may have been seeing online about an electric vehicle costing more than a gas powered one. If you charge at a fast charging station, which is the most expensive, it can run you more than three times the amount of charging at a level 1 or level 2 charging station, and yes it would actually be more expensive than gas.

For the most part, studies of people who already have an electric vehicle show that 70-80% of those people primarily use the slower charging stations rather than the more expensive fast charging stations. Yeah they'll have a longer wait while charging, but it does cut the cost in half,  thus making the electric vehicle more economic than the gas vehicle.

We know we are still in the very early stages of electric vehicles, but I hope this clears up any confusion and answers some questions about electric power versus gas power.

LOOK: See how much gasoline cost the year you started driving

To find out more about how has the price of gas changed throughout the years, Stacker ran the numbers on the cost of a gallon of gasoline for each of the last 84 years. Using data from the Bureau of Labor Statistics (released in April 2020), we analyzed the average price for a gallon of unleaded regular gasoline from 1976 to 2020 along with the Consumer Price Index (CPI) for unleaded regular gasoline from 1937 to 1976, including the absolute and inflation-adjusted prices for each year.

Read on to explore the cost of gas over time and rediscover just how much a gallon was when you first started driving.

LOOK: See the iconic cars that debuted the year you were born

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