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2026 Hyundai Ioniq 5 ownership cost illustration
VEHICLE COST ESTIMATE

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

$40,267
$671per month, averaged
$0.67per mile

Where the money goes

Depreciation$22,882
Electricity$2,784
Insurance$9,500
Maintenance$2,300
Taxes & fees$2,800
Purchase price is a real median market figure from MarketCheck (pulled September 2026). This nameplate has no valid 5-year-old resale comparable right now, so resale value uses our Electric-class depreciation curve instead. Insurance and maintenance use published class averages described on our methodology page.

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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