Hyundai Ioniq 5 SE price & real 5-year cost in the U.S.
The Hyundai Ioniq 5 SE starts at $35,000. As of August 6, 2026, over 5 years, owning one (EV) costs about $48,955 in the U.S. — $816/month, $0.82/mile — including depreciation, charging (with the ~12% AC charging loss most calculators ignore), maintenance, insurance, financing and fees. That's $7,863 more than a comparable Toyota RAV4 LE (gas) over the same 5 years. It's the #13 cheapest per month of the 35 SUVs we track in the U.S.
Hyundai Ioniq 5 SE federal & state incentives
The federal $7,500 EV credit expired Sept 30, 2025 and is not applied. 10 states run their own EV purchase incentives (income and price caps may apply) — each is shown for reference on its state hub, never inside our totals. Source: IRS; state programs are cited on each state hub.
Hyundai Ioniq 5 SE · U.S. average · 5-year estimate$48,955 total · $816/mo · $0.82/mi
Where the money goes
| Cost component | Electric · Hyundai Ioniq 5 SE | Gas · Toyota RAV4 LE |
|---|---|---|
| Depreciation (estimated) | $19,950 (41%) | $10,800 (26%) |
| Charging / fuel | $4,576 (9%) | $7,694 (19%) |
| ↳ of which charging loss | 12% (~$549) | — |
| Maintenance | $3,660 (7%) | $5,520 (13%) |
| Insurance | $13,750 (28%) | $11,000 (27%) |
| Financing interest | $6,018 (12%) | $5,078 (12%) |
| Registration & fees | $1,000 (2%) | $1,000 (2%) |
| Total cost of ownership | $48,955 | $41,092 |
The charging-loss row is the ~10–15% of electricity lost to AC charging that you pay for but never reaches the battery — we include it; most calculators don't.
Hyundai Ioniq 5 SE specs & assumptions
- Starting MSRP
- $35,000manufacturer base
- Powertrain
- Electric
- Efficiency
- 28 kWh/100miEPA
- Range
- 318 miEPA
- Electricity (US avg)
- 18.4¢/kWhEIA
- Annual miles (assumed)
- 12,000adjustable in tool
Compare the Hyundai Ioniq 5 SE against any car, your miles & your state
What else moves your Hyundai Ioniq 5 SE cost
The 5-year total already folds in depreciation, charging, insurance, maintenance and financing. These are the levers that actually move money on this car, biggest first — each figure re-run through the same kernel with one input changed. Levers that don't move $400+ here aren't listed.
- Financing. The total finances $32,000 of the $35,000 price at 7.0% over 60 months: $6,018 of pure interest, 12% of everything above. Paying cash or shopping the rate removes it outright — both are inputs in the calculator.
- Where you charge. The total assumes 80% home charging. Flip that — 20% home, 80% public DC fast at the 2.5× rate the kernel uses — and the Hyundai Ioniq 5 SE's 5-year total rises to $52,123, $3,168 more. If you can't charge at home, that is the number that applies to you.
- Insurance. At $2,750/yr this EV costs $550/yr more to insure than a comparable gas car ($2,200/yr). Over 5 years that is $2,750 working against it, already inside the total. EV parts and repairs are the reason.
- State EV road-use fees. 41 of the 51 states charge EVs an annual road-use fee in place of fuel tax — up to $270/yr in New Jersey, or $1,350 across 5 years. On a car in this price band that is 3% of the whole total.
- Home charger. A Level 2 install runs $500–$2,000 and is not in the total. At the $1,250 mid-point that is 27% of the $4,576 of electricity this car will use in 5 years.
- Your mileage vs the Toyota RAV4 LE (gas). At U.S.-average rates the Hyundai Ioniq 5 SE stays behind the Toyota RAV4 LE (gas) even at 30,000 mi/yr — no realistic annual mileage flips that verdict. See the full head-to-head →
Hyundai Ioniq 5 SE cost anatomy — where the money concentrates
The Hyundai Ioniq 5 SE costs about $48,955 to own over 5 years in the U.S. — $816/month, $0.82/mi at 12,000 mi/yr — and depreciation is the biggest line: $19,950, 41% of the total (as of August 6, 2026).
- Where the Hyundai Ioniq 5 SE's $48,955 actually goes: depreciation $19,950 (41%), insurance $13,750 (28%), financing interest $6,018 (12%), charging $4,576 (9%), maintenance $3,660 (7%), registration & fees $1,000 (2%).
- Per mile, that is $0.33 of depreciation and $0.08 of charging, with $0.41 for everything else — $0.82/mile all-in.
- Charging vs the fleet: the Hyundai Ioniq 5 SE's 5-year charging bill ($4,576) runs $654 below the $5,230 median of the 43 EVs we price at the same rates.
What we assume for maintenance
Maintenance & repairs for the Hyundai Ioniq 5 SE are costed at $0.061/mi (our standard EV rate) — about $732/yr at 12,000 mi/yr, and $3,660 of the 5-year total above. That's about $372/yr less than the $0.092/mi we cost for the gas Toyota RAV4 LE it is compared against above ($5,520 over 5 years) — no oil changes, fewer wearing parts, regenerative braking.
Rates are anchored to U.S. DOE 2025 per-mile figures (AAA-calibrated) — full sourcing in the methodology. The total scales with the annual-miles input in the calculator.
Hyundai Ioniq 5 SE battery — replacement cost & lifespan
Most EVs never need a battery replacement inside the 10-year / 100,000-mile warranty, so this is not in the 5-year total above — but it's the cost buyers worry about most, so here it is transparently.
- Out-of-warranty replacement
- $11,500–$16,500estimate
- Battery warranty
- 10 yr / 100,000 mimanufacturer
- Typical lifespan
- ~15 yrindustry est.
Cost to charge the Hyundai Ioniq 5 SE at home
A full charge of the Hyundai Ioniq 5 SE costs about $18, and it runs about $5.87 per 100 mi at home — versus about $12.82 for a typical 30 mpg gas 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.
- Full charge (84 kWh usable)
- $18pack ÷ (1 − 12% loss) × $0.18/kWh
- Per 100 mi at home
- $5.8728 kWh/100mi + 12% charging loss × $0.18/kWh
- A typical 30 mpg gas car
- $12.82/100miat $3.85/gal — for comparison
Recalls & reliability record — Ioniq 5
Official U.S. National Highway Traffic Safety Administration (NHTSA) safety record for the Ioniq 5, MY 2022–2026. Figures cover all powertrains and trims sold under the Ioniq 5 nameplate for the model years shown. A recall means a free remedy is available at no cost. Source: NHTSA (nhtsa.gov), data as of .
Recalls (15)
- Electrical System
Owners are advised to park outside and away from structures and limit their charge to a maximum of 80% until the recall repair is complete.
Park outside, away from structures, until repaired — NHTSA “Park Outside” advisory.
- Suspension
Dealers will inspect and replace the rear suspension fasteners and perform a rear vehicle alignment, as necessary, free of charge.
- Electrical System
Dealers will inspect and tighten the bus bar retention bolts and replace the battery system assembly, as necessary, free of charge.
- Electrical System
The instrument panel display software will be updated over-the-air (OTA) or by a dealer, free of charge.
- Seat Belts
Dealers will inspect and secure the seat belt retractors, as necessary, free of charge.
- Suspension
Dealers will replace the adjustment bolts, align the wheels, and replace tires if necessary, free of charge.
- Electrical System
Owners are advised to park their vehicles outside and away from structures until the recall remedy is complete.
Park outside, away from structures, until repaired — NHTSA “Park Outside” advisory.
- Exterior Lighting
Hyundai will mail owners a corrected label with inspection and installation instructions.
Full recall history: every Ioniq 5 campaign → — all 15 campaigns, grouped by year.
Consumer complaints
NHTSA has 1,262 consumer complaints on file for the Ioniq 5 (MY 2022–2026). The most-reported areas: Electrical System, Fuel/Propulsion System, Power Train. Complaints are unverified reports submitted by consumers to NHTSA.
Hyundai Ioniq 5 SE head-to-head comparisons
The Toyota RAV4 LE (gas), the rival buyers cross-shop, is the clear value pick: $7,863 cheaper over 5 years — about 19% of its own total. We say that plainly.
The 5-year cost gap against the cars buyers cross-shop:
Where the Hyundai Ioniq 5 SE numbers change most
Same car, same 5-year horizon, 51 different state rate sets: the total runs from $46,919 in Nevada to $56,764 in Hawaii — a $9,845 swing, 20% of its U.S.-average $48,955. Every 1¢/kWh on your electricity bill moves this car's total by about $248; state registration and EV road-use fees stack on top of that. Each link opens that state's cost table at the Hyundai Ioniq 5 SE row.
Cheapest states for the Hyundai Ioniq 5 SE
Most expensive states for the Hyundai Ioniq 5 SE
- Hawaii $56,764
- California $52,500
- Rhode Island $51,840
- New York $50,888
- New Hampshire $50,816
- New Jersey $50,798
Does any state change the verdict? No. Against the Toyota RAV4 LE (gas) — the segment rival we price it against — the Toyota RAV4 LE (gas) is cheaper in all 51 state rate sets, by $7,863 at the U.S. average. No state's mix of electricity, pump price and fees closes that gap, so there is no "it depends on where you live" story here.