Hyundai Ioniq 5 Cost to Own (2026)
SE Standard Range · 266 mi range · 58.0 kWh battery · MSRP $41,450
Hyundai Ioniq 5 Charging Costs
Home Charging (Level 2)
At 16.1¢/kWh national average (EIA 2025). Your rate may vary — check your local utility.
DC Fast Charging
Public DC fast charging costs 3–5× more per mile than home charging. Road trips add up — most owners use home charging for 80–90% of miles.
5-Year Cost Comparison: Hyundai Ioniq 5 vs Hyundai Tucson
12,000 miles/year, national average energy prices, base trim prices. No federal tax credit (ended Sept 2025).
| Cost category | Hyundai Ioniq 5 | Hyundai Tucson | EV saves |
|---|---|---|---|
| Purchase price (MSRP) | $41,450 | $28,450 | -$13,000 |
| Fuel (5 years) | $2,415 | $6,400 | +$3,985 |
| Maintenance (5 years) | $2,650 | $6,000 | +$3,350 |
| Insurance (5 years) | $10,250 | $8,750 | -$1,500 |
| Depreciation (5 years) | $19,067 | $11,380 | -$7,687 |
| 5-year running total | $34,382 | $32,530 | -$1,852 |
5-year running costs = depreciation + fuel + insurance + maintenance. Purchase price shown for reference, not included in running total.
State incentives may apply. 14+ states offer rebates of $2,000–$9,500 on qualifying EVs. Colorado ($5,000), Connecticut ($9,500), Oregon ($7,500), Vermont ($5,000), and New Jersey ($4,000) are the highest. The federal $7,500 credit ended September 2025. See full state incentive list →
Key Specs: Hyundai Ioniq 5
Your actual cost depends on your state's electricity rate
Washington charges 10.2¢/kWh — the Hyundai Ioniq 5 costs $278/yr to fuel there. In Hawaii at 44.3¢/kWh, it's $1,217/yr. Same car, 4× the fuel cost.
See charging costs by state →