BMW i4 eDrive40 Charging Cost in New Mexico: 2026 Calculator
Find out exactly how much you'll pay for electricity vs gas in New Mexico based on current local rates.
BMW i4 eDrive40
EV Charging Savings Calculator
How much does it cost to charge a BMW i4 eDrive40 in New Mexico?
Based on current residential energy rates in New Mexico, you're looking at approximately $12 to fully charge a BMW i4 eDrive40 from 0% to 100%.
This calculation uses the average residential electricity rate of $0.15/kWh. With electricity prices in New Mexico being quite affordable, charging at home is significantly cheaper than filling up a gas tank.
BMW i4 eDrive40 vs. Gas: The Savings in New Mexico
Let’s talk numbers. The average price for premium gasoline in New Mexico is currently hovering around $3.42 per gallon. If you were driving a comparable gasoline vehicle, your monthly fuel bill would be nearly double what you'd pay for electricity.
Can you charge a BMW i4 eDrive40 at home?
Absolutely. In fact, over 80% of EV charging happens at home. The BMW i4 eDrive40 comes equipped with a large 81 kWh battery. To get the best experience, we recommend installing a Level 2 home charger (240V).
- Level 1 (Standard Outlet): Too slow for daily use. Adds about 3-5 miles of range per hour.
- Level 2 (Dedicated Charger): The sweet spot. Adds 25-45 miles of range per hour, easily filling your battery overnight while electricity rates might be lower.
What is the electricity rate in New Mexico?
In 2026, the average residential electricity rate in New Mexico is $0.15 per kWh. This rate can vary depending on your specific utility provider and time-of-use plans.
Is BMW i4 eDrive40 expensive to maintain?
Generally, no. With no oil changes, spark plugs, or transmission fluid to worry about, the BMW i4 eDrive40 has lower maintenance costs than traditional gas cars. Your main recurring cost will be electricity.