Hyundai Ioniq 5 GL Standard Range cost to own in the Philippines — the true 5-year total

By Ivan H., EVCostIQ · reviewed against our public methodology · every source dated on this page

The Hyundai Ioniq 5 GL Standard Range starts at ₱2,840,000. Over 5 years, owning one (EV) costs about ₱2,698,749 in the Philippines as of July 2, 2026 — ₱44,979/month, ₱44.98/km — including depreciation, charging (with the ~12% charging loss most calculators ignore), maintenance, insurance, financing and registration. That's ₱430,516 more than a comparable Lexus UX 300h over the same 5 years.

Hyundai Ioniq 5 GL Standard Range incentives & grants

No national cash purchase rebate in the Philippines (unlike Thailand's EV3.5). EV support is tax/tariff relief already baked into the sticker price (EVIDA 0% CBU import tariff to 2028; 0% excise on pure BEVs) plus non-cash perks (number-coding/UVVRP exemption, priority LTO registration) — none of it is a cheque, so none is in the totals above. Source: DOE EVIDA/CREVI · RA 11697.

Hyundai Ioniq 5 GL Standard Range · the Philippines · 5-year estimate₱2,698,749 total · ₱44,979/mo · ₱44.98/km

Where the money goes

5-year total cost of ownership by component, by vehicle (PHP). Estimates; sources dated in the methodology.
Cost component	Electric · Hyundai Ioniq 5 GL	Hybrid · Lexus UX 300h
Depreciation (estimated)	₱1,675,600 (62%)	₱1,233,960 (54%)
Charging / fuel	₱233,589 (9%)	₱245,282 (11%)
↳ of which charging loss	12% (~₱28,031)	—
Maintenance	₱54,000 (2%)	₱75,000 (3%)
Insurance	₱190,000 (7%)	₱150,000 (7%)
Financing interest	₱533,560 (20%)	₱551,991 (24%)
Registration & fees	₱12,000 (0%)	₱12,000 (1%)
Total cost of ownership	₱2,698,749	₱2,268,233

Hyundai Ioniq 5 GL Standard Range specs & assumptions

Starting price: ₱2,840,000manufacturer
Powertrain: Electric
Efficiency: 18.2 kWh/100kmWLTP
Range: 384 kmWLTP
the Philippines electricity: 14.48₱/kWhMeralco
Annual km (assumed): 12,000the Philippines average

Compare the Hyundai Ioniq 5 GL Standard Range against any car, your km & your scenario

What the numbers say

The Hyundai Ioniq 5 GL Standard Range costs about ₱2,698,749 to own over 5 years in the Philippines — ₱44,979/month, ₱44.98/km at 12,000 km/yr — and depreciation is the biggest line: ₱1,675,600, 62% of the total (as of July 2, 2026).

The Lexus UX 300h wins decisively here — ₱430,516 cheaper over 5 years; at typical assumptions this isn't a close call.
No realistic annual distance flips this verdict — the Lexus UX 300h stays the cheaper car at every distance we model.
On cost per month the Hyundai Ioniq 5 GL Standard Range ranks #5 of 9 midsize SUV models we track in the Philippines.
Where the Hyundai Ioniq 5 GL Standard Range's ₱2,698,749 actually goes: depreciation ₱1,675,600 (62%), financing interest ₱533,560 (20%), charging ₱233,589 (9%), insurance ₱190,000 (7%), maintenance ₱54,000 (2%), registration & fees ₱12,000 (0%).
Per km, that is ₱27.93 of depreciation and ₱3.89 of charging, with ₱13.16 for everything else — ₱44.98/km all-in.
Charging vs the fleet: the Hyundai Ioniq 5 GL Standard Range's 5-year charging bill (₱233,589) runs ₱34,654 above the ₱198,935 median of the 9 EVs we price at the same rates.

What we assume for maintenance

Assumed ₱10,800/yr for an EV at 12,000 km/yr — about ₱54,000 of the 5-year total above. On this market's assumptions an EV runs about ₱7,200/yr less in maintenance than a petrol car (₱10,800 vs ₱18,000). See the methodology for sources; adjustable in the calculator.

Cost to charge the Hyundai Ioniq 5 GL Standard Range at home

The Hyundai Ioniq 5 GL Standard Range runs about ₱299.47 per 100 km at home — versus about ₱511.00 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: ₱299.4718.2 kWh/100km + 12% charging loss × ₱14.48/kWh
A typical 7 L/100km petrol car: ₱511.00/100kmat ₱73.00/L — for comparison

Cost to charge an EV in the Philippines — every model →

More the Philippines models

FAQ

How much does it cost to charge the Hyundai Ioniq 5 GL Standard Range at home?

About ₱299.47 per 100 km — home charging, with the ~12% AC charging loss included, at ₱14.48/kWh. A typical 7 L/100km petrol car costs about ₱511.00 per 100 km.

How much does the Hyundai Ioniq 5 GL Standard Range battery replacement cost?

Most EVs never need a battery-pack replacement inside the manufacturer's battery warranty (typically 8 years / 160,000 km), so no replacement cost is in the 5-year total above — see the methodology for how battery life is treated.

What does the Hyundai Ioniq 5 GL Standard Range really cost to own over 5 years in the Philippines?

The Hyundai Ioniq 5 GL Standard Range costs about ₱2,698,749 to own over 5 years in the Philippines — about ₱44,979/month — including depreciation, charging, maintenance, insurance, registration and financing.

How much does the Hyundai Ioniq 5 GL Standard Range cost per month in the Philippines?

About ₱44,979/month over 5 years (₱44.98/km) — depreciation, charging, insurance, maintenance, registration and financing included.

Is the Hyundai Ioniq 5 GL Standard Range cheaper to own than the Lexus UX 300h?

No — about ₱2,698,749 vs ₱2,268,233 over 5 years in the Philippines: ₱430,516 more.

How much does charging cost for the Hyundai Ioniq 5 GL Standard Range over 5 years?

About ₱233,589 at the Philippines rates (including the ~12% AC charging loss) — already inside the total above.

More the Philippines EV costs

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