Hyundai Ioniq 5 SE cost to own in Montana — the true 5-year total
The Hyundai Ioniq 5 SE starts at $35,000. As of July 1, 2026, over 5 years, owning one (EV) costs about $48,563 in Montana — $809/month, $0.81/mile — including depreciation, charging (with the ~12% AC charging loss most calculators ignore), maintenance, insurance, financing and fees. That's $7,184 more than a comparable Toyota RAV4 LE (gas) over the same 5 years. Montana's electricity (13.9¢/kWh) is 26% below the U.S. average, and gas runs $3.95/gal here — both fed straight into the numbers above. The federal $7,500 EV credit expired Sept 30, 2025 and is not applied.
Hyundai Ioniq 5 SE · Montana · 5-year estimate$48,563 total · $809/mo · $0.81/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 | $3,450 (7%) | $7,896 (19%) |
| ↳ of which charging loss | 12% (~$414) | — |
| Maintenance | $3,660 (8%) | $5,520 (13%) |
| Insurance | $13,750 (28%) | $11,000 (27%) |
| Financing interest | $6,018 (12%) | $5,078 (12%) |
| Registration & fees | $1,735 (4%) | $1,085 (3%) |
| Total cost of ownership | $48,563 | $41,379 |
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
- Montana electricity
- 13.9¢/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. Here's how the biggest levers work — and the ones that sit outside the total.
- Financing. Borrow the full $35,000 at a typical 7.2% new-car APR over 60 months and interest alone adds about $6,781. Lower the APR or add a down payment in the calculator and the total drops — financing is in the 5-year figure above.
- Insurance. This model averages about $2,750/yr to insure — roughly $550/yr more than a comparable gas car ($2,200/yr), as EV parts and repairs tend to cost more — our own estimate, calibrated to Insurify/Bankrate 2026, and already in the total above.
- Home charger. A Level 2 home charger is a one-time $500–$2,000 installed (depends on your panel and wiring) — not in the total above, but it pays back fast versus public fast-charging.
- Tires. EVs are heavier and make instant torque, so tires can wear ~20% faster — a real running cost most comparisons skip. We fold a higher maintenance rate for EVs into the total.
- Where you charge. Public DC fast-charging can cost 2–3× your home rate. The total assumes 80% home charging; if you can't charge at home, lower that share in the calculator to see the real cost.
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 $13, and it runs about $4.42 per 100 mi at home — versus about $13.16 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)
- $13pack ÷ (1 − 12% loss) × $0.14/kWh
- Per 100 mi at home
- $4.4228 kWh/100mi + 12% charging loss × $0.14/kWh
- A typical 30 mpg gas car
- $13.16/100miat $3.95/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 5-year cost gap against the cars buyers cross-shop:
← Hyundai Ioniq 5 SE cost (U.S. average)