- Newest year: 2024
- Electric
- Small SUVs
2022-2024 Volvo C40 MPGe & Charging Cost
3 model years · 87–107 MPGe combined
15,000 mi/yr · residential electricity 18.3¢/kWh (U.S. average, Jul 2026)
Cheaper to fuel than 9 of 10 small SUV configurations, MY2024. Ranked against all rated configurations, not sales-weighted.
2022-2024 Volvo C40 at a glance
The 2022-2024 Volvo C40 covers 3 model years in the EPA database (4 configurations in all), rated 87–107 MPGe combined. The newest model year, 2024, costs about $870 a year to charge for its most efficient version, the Recharge RWD (107 MPGe), at residential electricity 18.3¢/kWh (U.S. average, Jul 2026). EPA changed the ratings in 2024; 2023 repeat the values of the year before. The best combined rating in the generation, 107 MPGe, was reached in 2024.
2022-2024 Volvo C40 by model year
What the 2024 Recharge RWD costs to drive
Per month
$73
$870 a year ÷ 12
Per 25 miles
$1.45
Per 100 miles
$5.80
Five years
$4,350
5 × the yearly cost, prices held at today's level
vs the small SUV median
$1,660less a year
Class median $2,530 a year, MY2024
Based on 15,000 miles a year and residential electricity 18.3¢/kWh (U.S. average, Jul 2026).
2024 Volvo C40 MPGe
Versus 2023: The most efficient configuration moves from 87 to 107 MPGe, up 20. Its annual cost goes from $1,060 to $870, $190 less.
EPA range 257–297 miles.
Electric configurations (2)
| Trim | Drive | kWh/100 mi | MPGe | Range | $/yr |
|---|---|---|---|---|---|
| Recharge (Most efficient) | RWD | 32 | 107 | 297 mi | $870 |
| Recharge twin | AWD | 34 | 99 | 257 mi | $940 |
MPGe is the distance an electric car travels on 33.7 kWh, the energy in a gallon of gasoline. Fewer kWh per 100 miles means a lower running cost.
2023 Volvo C40 MPGe
Same EPA ratings as 2022
EPA lists the same ratings for the 2023 Volvo C40 as for the 2022 model, so the configurations and costs are the ones in the 2022 section above.See 2022
2022 Volvo C40 MPGe
87 MPGe · $1,060/yr
EPA range 226 miles.
Electric configurations (1)
| Trim | Drive | kWh/100 mi | MPGe | Range | $/yr |
|---|---|---|---|---|---|
| Recharge twin (Most efficient) | AWD | 39 | 87 | 226 mi | $1,060 |
MPGe is the distance an electric car travels on 33.7 kWh, the energy in a gallon of gasoline. Fewer kWh per 100 miles means a lower running cost.
Fuel cost by state
Yearly cost of the Recharge RWD: $2,270 in Hawaii and $600 in Louisiana, a $1,670 difference.
Similar cars
Closest combined MPGe among MY2024 small SUV models.
Generations
- 2022-2024
Frequently asked questions
How efficient is the 2022-2024 Volvo C40?
EPA rates the 2022-2024 Volvo C40 at 87–107 MPGe combined across 4 configurations and 3 model years. The most efficient version, the 2024 Recharge RWD, is rated 107 MPGe (118 city, 96 highway).
Which years were the most efficient in the 2022-2024 Volvo C40?
The Recharge RWD reached the generation's best combined rating, 107 MPGe, in 2024. The lowest top rating, 87 MPGe, was in 2022 and 2023.
Did EPA ratings change during the 2022-2024 Volvo C40?
Yes. Ratings changed in 2024. In 2023 the values repeat the year before.
How much does it cost to charge a 2024 Volvo C40 per year?
Driving 15,000 miles a year at residential electricity 18.3¢/kWh (U.S. average, Jul 2026), the Recharge RWD costs about $870 a year. Across all 2 configurations the cost runs $870–$940 a year. That is a $70 difference between the cheapest and the costliest configuration.
How much does it cost to drive a 2024 Volvo C40 100 miles?
About $5.80 per 100 miles for the Recharge RWD at residential electricity 18.3¢/kWh (U.S. average, Jul 2026), and between $5.80 and $6.27 across all configurations. That is the annual cost over 15,000 miles divided by 150.
Is the 2024 Volvo C40 more efficient in the city or on the highway?
The Recharge RWD is rated 118 city and 96 highway MPGe, so it is more efficient in city driving, by 22 MPGe.
How does the 2024 Volvo C40 compare with other small SUV configurations?
The Recharge RWD costs about $870 a year to fuel, $1,660 less than the class median of $2,530, and less than 9 of 10 small SUV configurations. The comparison covers all 306 rated small SUV configurations for MY2024, not weighted by sales.
What is the range and charging cost of the 2024 Volvo C40?
EPA rates the range at 257–297 miles depending on configuration, and the Recharge RWD goes 297 mi. Efficiency is 32–34 kWh per 100 miles (99–107 MPGe). At residential electricity 18.3¢/kWh (U.S. average, Jul 2026), charging costs $870–$940 a year, or $5.80 per 100 miles for the Recharge RWD.
Is the 2024 Volvo C40 different from the 2023 model?
The most efficient configuration moves from 87 to 107 MPGe, up 20. Its annual cost goes from $1,060 to $870, $190 less. EPA lists 2 configurations for 2024 against 1 configuration for 2023. See the 2023 Volvo C40 for that year.