2026 Hyundai Ioniq 5: 5-Year Cost of Ownership
An estimate of what a 2026 Hyundai Ioniq 5 typically costs to own over 5 years, based on a real $45,008 market price and 29 kWh/100 mi.
Pricing data refreshed monthly · last updated September 2026
Where the money goes
How it compares
The 2026 Hyundai Ioniq 5 ranks #5 of 15 electric vehicles in our database for lowest 5-year cost — $8,635 less than the average EV in our database ($48,902). Here’s how it stacks up against similarly priced rivals:
2026 Tesla Model 3
$35,9675-year total · $599/mo · $42,994 market priceFull breakdown →2026 Chevrolet Equinox EV
$41,2295-year total · $687/mo · $46,195 market priceFull breakdown →2026 Kia EV6
$41,5845-year total · $693/mo · $47,325 market priceFull breakdown →2026 Honda Prologue
$42,9875-year total · $716/mo · $48,950 market priceFull breakdown →Head-to-head comparisons
Where it costs the least to own
Gas prices, insurance rates, sales tax and registration fees change the 5-year cost of a 2026 Hyundai Ioniq 5 by about $8,094 depending on where you live.
Cheapest states
Most expensive states
Quick answers
How much does a 2026 Hyundai Ioniq 5 cost per month to own?
About $671 a month averaged over 5 years, or $40,267 in total. That covers depreciation, electricity, insurance, maintenance, and sales tax and fees, but not loan interest.
How much value does a 2026 Hyundai Ioniq 5 lose in 5 years?
About $22,882, or 51% of its $45,008 market price. That uses our Electric-class depreciation curve.
How much does it cost to charge a 2026 Hyundai Ioniq 5?
At 29 kWh per 100 miles, 12,000 miles a year and $0.16/kWh, charging costs about $557 a year ($46/month) at home.
Is a 2026 Hyundai Ioniq 5 cheap to own compared with other electric vehicles?
It ranks #5 of 15 for lowest 5-year cost among the electric vehicles we track, costing $8,635 less than the average EV in our database ($48,902). It works out to about $0.67 per mile driven.
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