Electric Bike Price: How Much Does an Average E-Bike Cost in USA?

The Short Answer

The average price of an electric bike in the USA is $2,158, with the majority of e-bikes costing between $1,698 and $2,618. However, prices start from as low as $800 and reach in excess of $15,000.

There’s no doubt that you’ve probably noticed an explosion in the popularity of e-bikes across the USA, and with good reason. Increases in the cost of running a vehicle, coupled with the rise in availability of e-bikes, has meant that there’s never been a better time to invest in an electric bike.

City commuters and trail traversers will find a market packed full of attractive choices. From cargo to folding, these bikes come in all shapes and sizes and suit all needs, whether it’s a short hop to work or a lazy weekend trip through the countryside. 

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So, if an e-bike is seeming like a good investment, you may be starting to wonder: what is the average cost of an e-bike in the USA, and how do you know how much you should really spend?

Average Electric Bike Price (USA)

The average price of an electric bike in the USA is between $1,698 and $2,618, although models can start as low as around $800 and reach in excess of $15,000. Of course, it’s worth bearing in mind other costs, such as insurance and any accessories you may need.

E-bikes are more expensive than their non-electric (AKA ‘acoustic’) counterparts due to the costs of the extra components, such as the battery and motor. Considerable research and development go into creating the innovative features that you’ll find, and you’re likely to see this reflected in the price.

How Much to Spend on an E-Bike

The amount that you should spend on an e-bike depends on what you’re looking to get out of it. For short commutes in the city, you don’t need to fork out for the higher spec models. But if you plan on taking it off-road, you’re going to want something more technically equipped for the challenge. 

Whilst it’s true that you don’t have to spend an arm and a leg, it’s worth remembering that investing more could save you in the future when it comes to maintenance and repair costs. 

The motor is, of course, one of the most important things to consider. Whilst 250 Watts will see most recreational riders through for short jaunts along cycle paths, the more adventurous of us might need a little more power, especially when the terrain starts to get a little more challenging.

The battery is also a major factor. If you plan on covering more distance on a single charge, you’re going to want a larger battery with a longer range. 

You’ll also want to factor in any additional costs, such as insurance and any accessories that you might need.

Cheapest Electric Bikes

The cheapest e-bikes in the USA will start at around $600, such as the Engwe T14, which are all available for under $1,000. Increased demand has brought a wider variety into the market, so thankfully, you don’t have to break the bank to get involved.  

However, investing more initially could prove more sustainable in the long run and might just save you money. Mid to high range e-bikes are generally made of more durable materials than their low-end counterparts, so will likely spend more time on the road and less time in repair. 

Alongside the typical retailers, there’s also an enormous variety to be found online, so as always it’s worth shopping around to find a bargain.

Electric Bike Prices: 4 Factors 

1. Features and Accessories

While you can snag some of the entry level models for around $700 (like the Engwe T14), if you’re looking for additional features, such as racks, smart displays and app compatibility, expect to pay more.

2. Motor 

Electric bikes are fitted with either mid-drive or hub motors. Mid-drive motors are generally more expensive, but offer an improved weight distribution, are easier to maintain and are generally more similar in feeling to a traditional non-electric bike.

3. Battery

Consider your range requirements. How long do you plan on cycling on a single charge? Whilst you can expect 20 to 30 miles on a standard e-bike with full assist mode active, this can vary massively depending on the conditions you’re in. A longer battery range will generally cost more.

4. Brand

Does the brand have a good reputation and a track record of customer service? Do they prioritise high quality materials and construction? And lastly, are their e-bikes reliable? Noone wants a frequent trip to the mechanic if it can be avoided.

Conclusion

An e-bike is a long-term investment, so it can be worth spending that bit extra initially, especially as it could save you any future headaches (and money!) if any problems arise. Think about the features that you need, how often you’ll be cycling and what kind of rides you’ll be taking it on. 

And if you still can’t decide which electric bike to buy, then try our handy tool here.