MilePrice

What it costs to charge a 2026 Hyundai Ioniq 5 in Michigan

Ioniq 5 AWD (19inch Wheels) · 31.7 kWh/100 miPrices updated weekly from EIA data

Short answer

$67a month

Charging at home 1,000 miles a month at 21.0¢ per kWh. That's 6.7¢ a mile and $799 a year.

A full charge at home costs about $19.31, for 290 miles of EPA range.

Michigan's average home electricity rate, August 2025 to July 2026 (EIA).

Change the version, miles or price

1,000 mi
1003,000
Blank uses the Michigan average
Electric · 31.7 kWh/100 miEstimated charging cost
$67/ month
31.7 kWh per 100 mi (EPA) × 21.0¢/kWhMichigan's average home electricity rate over the last 12 months (EIA)
Per year
$799
Per mile
6.7¢
Over 5 years
$3,994
Full charge
$19.31
Compare with a gas car
Planning a road trip in the Ioniq 5?See what any drive would cost to charge, and split it with friends.
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Every 2026 Ioniq 5 version in Michigan

VersionDriveEPA ratingPer monthFull charge
Ioniq 5 Standard rangeRWD29 kWh/100 mi$61$14.92245 mi
Ioniq 5 RWDRWD30 kWh/100 mi$63$20.03318 mi
Ioniq 5 AWD (19inch Wheels)(used in headline figures)AWD31.7 kWh/100 mi$67$19.31290 mi
Ioniq 5 AWD (20inch Wheels)AWD34.5 kWh/100 mi$72$19.49269 mi
Ioniq 5 AWD XRTAWD35.8 kWh/100 mi$75$19.47259 mi
Ioniq 5 NAWD43 kWh/100 mi$90$19.96221 mi

Ioniq 5 vs. Toyota RAV4 in Michigan

Hyundai Ioniq 531.7 kWh/100 mi
$67/mo
Toyota RAV441 mpg
$111/mo

The Ioniq 5 costs about $536 a year less to run here.

See the break-even
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Michigan is the 14th most expensive state to charge a Ioniq 5

38th cheapest of the 50 states and DC, at 1,000 miles a month. See every state

Cheapest states
  1. 1North Dakota$40
  2. 2Idaho$40
  3. 3Nebraska$41
  4. 4Louisiana$41
  5. 5Utah$42
Around Michigan
  1. 36Illinois$60
  2. 37Pennsylvania$66
  3. 38Michigan$67
  4. 39Maryland$71
  5. 40New Jersey$75

Questions people ask

How much does it cost to charge a Hyundai Ioniq 5 in Michigan?

About $67 a month for 1,000 miles, or $799 a year, for the 2026 Ioniq 5 AWD (19inch Wheels) (31.7 kWh/100 mi) at 21.0¢ per kWh. That works out to 6.7¢ a mile.

Which Ioniq 5 version is cheapest to charge?

The Ioniq 5 Standard range (29 kWh/100 mi), at about $61 a month in Michigan. The 2026 Ioniq 5 comes in 6 EPA-rated versions.

How much does it cost to fully charge a Hyundai Ioniq 5 in Michigan?

About $19.31 at home for the 2026 Ioniq 5 AWD (19inch Wheels), at 21.0¢ per kWh. That is the electricity drawn from the wall to drive its full EPA range of 290 miles (about 92 kWh), so it includes charging losses; a top-up from 20% to 80% costs roughly 60% of it.

Does this include energy lost while charging?

Yes. EPA measures an electric car's efficiency from the wall outlet, so the electricity lost while charging is already in the kWh per 100 miles figure.

Efficiency: U.S. EPA ratings for the 2026 model year. Gas prices: EIA weekly survey, week of September 21, 2026. Electricity: EIA average home rates, August 2025 to July 2026. Fuel taxes: EIA, July 2026 (revised). How we calculate