Electric bikes provide a convenient mode of transportation for busy adults who are towing a buggy full of children or picking up a few grocery items. The economic advantages of owning an e-bike. The annual cost of running a new family car is, on average, about $9,000 per year. Running an electric bike costs around $400 per year. And while filling a gas tank costs around $30, recharging an electric bike battery costs only about 50 cents. A tank of gas may get you further, but not 60 times further!