The average price to buy an electric bike is between $600 and $2,500. There are also many eBike models that are much more expensive than $1,000, with some costing as much as $8,000. The typical eBike rider will pay around $1,500 for their ride.

So are electric bikes worth it? Our experts say yes, depending on your situation. "I think they are, especially if you're doing a lot of riding in areas that have a lot of hills. The pedal assist really does come in handy," says CHOICE test expert Elias Plastiras.