Gas vs Electric · Real running cost
Hyundai Ioniq 5: charging cost vs gas
We've set the Hyundai Ioniq 5 as your EV below. Pick the gas car you'd compare against, set your prices and miles, and see the real cost difference — and the break-even.
When you come out ahead
Showing cumulative fuel savings. Add the two cars' prices in the controls to plot your exact break-even point.
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The Ioniq 5 pairs ~3.2 mi/kWh efficiency with famously fast charging. Against a 27-mpg gas crossover it cuts running cost per mile substantially, and its 800-volt system makes the rare public fast-charge quick and less painful.
It's a roomy, comfortable EV whose running-cost advantage over gas is strongest, as always, when you charge at home.
What to keep in mind
- ~3.2 mi/kWh beats a gas crossover clearly on fuel cost.
- Ultra-fast charging softens the cost/time hit of road-trip charging.
- Home charging delivers the lowest cost per mile.
Hyundai Ioniq 5: common questions
How much does it cost to charge a Hyundai Ioniq 5?
At the U.S. average home electricity price of about 17¢/kWh and roughly 3.2 mi/kWh, a Hyundai Ioniq 5 costs about 5¢ per mile to charge at home — around $638 a year at 12,000 miles. Public DC fast-charging costs more, so set your home/public mix in the calculator.
Is a Hyundai Ioniq 5 cheaper to run than a gas car?
Charging at home, usually yes. Against a typical 27-mpg gas crossover, the Hyundai Ioniq 5's per-mile fuel cost is much lower — the calculator shows your annual fuel saving and how long the price difference takes to pay back.