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How much does it cost to run a Hyundai Ioniq 5?

A Hyundai Ioniq 5 costs about $2.20 a day, $66.86 a month and $802 a year at typical use (37 miles a day) and the U.S. average rate of 17.99¢/kWh. The Ioniq 5 uses about 0.30 kWh per mile from the battery, about 0.33 at the wall; its 10.9 kW onboard charger fills it quickly on Level 2.

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Cost by setting

SettingWattsPer dayPer monthPer year
Level 1 (120 V)1,440$2.20$66.86$802
Level 2 (30 A)7,200$2.20$66.86$802
Level 2 (48 A)10,900$2.20$66.86$802

At 37 miles a day and 17.99¢/kWh.

Cost to run a Hyundai Ioniq 5 in every state

The same Hyundai Ioniq 5 costs $549 a year in North Dakota and $1,940 in Hawaii, at each state's average residential rate (12 months ending July 2026).

StateRatePer monthPer year
North Dakota12.32¢$45.79$549
Idaho12.65¢$47.01$564
Nebraska12.86¢$47.79$574
Louisiana12.99¢$48.28$579
Utah13.32¢$49.50$594
Nevada13.36¢$49.65$596
Arkansas13.43¢$49.91$599
Tennessee13.56¢$50.39$605
Oklahoma13.70¢$50.91$611
Montana13.84¢$51.44$617
Kentucky13.92¢$51.73$621
Missouri13.95¢$51.84$622
Wyoming14.01¢$52.07$625
Washington14.12¢$52.48$630
Iowa14.13¢$52.51$630
South Dakota14.20¢$52.77$633
Mississippi14.77¢$54.89$659
North Carolina14.77¢$54.89$659
Kansas15.09¢$56.08$673
Georgia15.12¢$56.19$674
New Mexico15.32¢$56.94$683
Florida15.39¢$57.20$686
Arizona15.40¢$57.23$687
West Virginia15.48¢$57.53$690
Oregon15.50¢$57.60$691
South Carolina15.64¢$58.12$697
Texas15.96¢$59.31$712
Minnesota16.22¢$60.28$723
Alabama16.44¢$61.10$733
Virginia16.48¢$61.25$735
Colorado16.58¢$61.62$739
Indiana16.94¢$62.96$755
Delaware17.79¢$66.12$793
Ohio18.25¢$67.82$814
Wisconsin18.74¢$69.65$836
Illinois18.79¢$69.83$838
Pennsylvania20.70¢$76.93$923
Maryland21.03¢$78.16$938
Michigan21.05¢$78.23$939
New Jersey23.78¢$88.38$1,061
Vermont23.80¢$88.45$1,061
District of Columbia24.20¢$89.94$1,079
New Hampshire26.67¢$99.12$1,189
Alaska26.85¢$99.79$1,197
Connecticut27.99¢$104$1,248
New York28.39¢$106$1,266
Rhode Island29.27¢$109$1,305
Maine29.31¢$109$1,307
Massachusetts30.43¢$113$1,357
California32.99¢$123$1,471
Hawaii43.51¢$162$1,940

How to cut the cost

  • Use Bluelink scheduled charging for off-peak hours.
  • Use Eco drive mode and maximum regen in the city.
  • Precondition while plugged in in winter.
  • Turn off V2L when not in use.

Cheaper ways to get the job done

Level 2 EV charger

Takes full advantage of the 10.9 kW onboard charger.

See options on Amazon

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Compare with similar appliances

ApplianceWattsTypical usePer monthPer year
Hyundai Ioniq 510,90037 miles a day$66.86$802
Electric car7,20037 miles a day$66.86$802
Chevy Equinox EV7,20037 miles a day$64.83$778
Tesla Model Y7,20037 miles a day$60.78$729
Tesla Cybertruck11,50037 miles a day$93.20$1,118
Rivian R1S11,50037 miles a day$95.22$1,143
Rivian R1T11,50037 miles a day$93.20$1,118

Compare these side by side at your rate →

Head-to-head comparisons

Frequently asked questions

How much does it cost to run a Hyundai Ioniq 5 per hour?

A Hyundai Ioniq 5 drawing 10,900 watts uses 10.90 kWh per hour. At the U.S. average of 17.99¢/kWh that's $1.96 per hour. In North Dakota (12.32¢) it's $1.34. In Hawaii (43.51¢) it's $4.74.

How much does it cost to run a Hyundai Ioniq 5 per month?

At typical use (37 miles a day), a Hyundai Ioniq 5 costs about $66.86 a month and $802 a year, at the U.S. average rate. Enter your ZIP in the calculator above for your utility's rate.

How many watts does a Hyundai Ioniq 5 use?

Most Hyundai Ioniq 5s use 1,440 to 10,900 watts, depending on the setting (level 1 (120 v) 1,440 W, level 2 (30 a) 7,200 W, level 2 (48 a) 10,900 W). Check the label on the back or bottom for your model's exact rating.

How many kWh does a Hyundai Ioniq 5 use?

About 12.21 kWh a day and 4,460 kWh a year at typical use (37 miles a day).

Does a Hyundai Ioniq 5 use a lot of electricity?

Yes. At 4,460 kWh a year it's one of the bigger loads in a home, about 43% of the average U.S. home's 10,492 kWh a year.

Is it cheaper to run a Hyundai Ioniq 5 or an electric car?

At typical use, a Hyundai Ioniq 5 costs about $802 a year versus $802 for an electric car. So the electric car is cheaper by about $0 a year. Use the comparison table above to compare them at your own settings.

How can I lower the cost of running a Hyundai Ioniq 5?
  • Use Bluelink scheduled charging for off-peak hours.
  • Use Eco drive mode and maximum regen in the city.
  • Precondition while plugged in in winter.

Rates updated 2026-10-21: EIA data through July 2026. Typical wattage and usage reviewed against DOE, ENERGY STAR and manufacturer specs. Methodology.