Hyundai Ioniq 5 cost to own in Ireland — the true 5-year total
The Hyundai Ioniq 5 starts at €43,000. Over 5 years, owning one (EV) costs about €44,501 in Ireland as of July 2, 2026 — €742/month, €0.59/km — including depreciation, charging (with the ~12% charging loss most calculators ignore), maintenance, insurance, financing and motor tax. That's €1,095 less than a comparable Hyundai Tucson Hybrid 1.6 T-GDi 239hp Comfort Plus over the same 5 years.
Hyundai Ioniq 5 incentives & grants
Ireland SEAI grant: up to €3,500 off a new BEV, plus VRT relief (price-capped). Shown for reference; not in the totals above. Source: SEAI.
Hyundai Ioniq 5 · Ireland · 5-year estimate€44,501 total · €742/mo · €0.59/km
Where the money goes
| Cost component | Electric · Hyundai Ioniq 5 | Hybrid · Hyundai Tucson Hybrid 1.6 |
|---|---|---|
| Depreciation (estimated) | €26,660 (60%) | €22,598 (50%) |
| Charging / fuel | €4,570 (10%) | €7,961 (17%) |
| ↳ of which charging loss | 12% (~€548) | — |
| Maintenance | €1,748 (4%) | €2,978 (7%) |
| Insurance | €3,400 (8%) | €3,075 (7%) |
| Financing interest | €7,523 (17%) | €7,936 (17%) |
| Registration & fees | €600 (1%) | €1,050 (2%) |
| Total cost of ownership | €44,501 | €45,596 |
Hyundai Ioniq 5 specs & assumptions
- Starting price
- €43,000manufacturer
- Powertrain
- Electric
- Efficiency
- 16.5 kWh/100kmWLTP
- Range
- 480 kmWLTP
- Ireland electricity
- 25.00c/kWhCRU/SEAI
- Annual km (assumed)
- 15,000Ireland average
Compare the Hyundai Ioniq 5 against any car, your km & your scenario
What the numbers say
The Hyundai Ioniq 5 costs about €44,501 to own over 5 years in Ireland — €742/month, €0.59/km at 15,000 km/yr — and depreciation is the biggest line: €26,660, 60% of the total (as of July 2, 2026).
- Call it a tie: €1,095 apart over 5 years is inside the noise of estimates like these — choose on fit and charging access, not on cost.
- The Hyundai Ioniq 5 pulls ahead of the Hyundai Tucson Hybrid 1.6 T-GDi 239hp Comfort Plus if you drive more than about 11,500 km/yr.
- On cost per month the Hyundai Ioniq 5 ranks #8 of 16 EV models we track in Ireland.
- Where the Hyundai Ioniq 5's €44,501 actually goes: depreciation €26,660 (60%), financing interest €7,523 (17%), charging €4,570 (10%), insurance €3,400 (8%), maintenance €1,748 (4%), registration & fees €600 (1%).
- Per km, that is €0.36 of depreciation and €0.06 of charging, with €0.18 for everything else — €0.59/km all-in.
- Charging vs the fleet: at €4,570 over 5 years the Hyundai Ioniq 5 sits within €138 of the €4,432 median for the 18 EVs we price — nothing unusual either way.
What we assume for maintenance
Assumed €350/yr for an EV at 15,000 km/yr — about €1,748 of the 5-year total above. On this market's assumptions an EV runs about €351/yr less in maintenance than a petrol car (€350 vs €701). See the methodology for sources; adjustable in the calculator.
Hyundai Ioniq 5 battery — replacement cost & lifespan
Most EVs never need a battery replacement inside the manufacturer's battery warranty, so this is not in the 5-year total above — but it's the cost buyers ask about most, so here it is transparently. US-sourced replacement pricing (recharged.com); local pricing varies.
- Out-of-warranty replacement
- US$11,500–US$16,500US-sourced estimate
- Battery warranty (US terms)
- 10 yr / 100,000 mimanufacturer · local terms may differ
- Typical lifespan
- ~15 yrindustry est.
Cost to charge the Hyundai Ioniq 5 at home
The Hyundai Ioniq 5 runs about €4.69 per 100 km at home — versus about €12.81 for a typical 7 L/100km petrol car. Home charging only (the ~12% AC charging loss is included); public DC fast-charging is billed per session by each network — often 2–3× the home rate — and isn't in these figures.
- Per 100 km at home
- €4.6916.5 kWh/100km + 12% charging loss × €0.25/kWh
- A typical 7 L/100km petrol car
- €12.81/100kmat €1.83/L — for comparison