What it costs to charge a 2026 Hyundai Ioniq 5 in Minnesota
Short answer
Charging at home 1,000 miles a month at 16.3¢ per kWh. That's 5.2¢ a mile and $620 a year.
A full charge at home costs about $14.98, for 290 miles of EPA range.
Minnesota's average home electricity rate, September 2025 to August 2026 (EIA).
Change the version, miles or price
- Per year
- $620
- Per mile
- 5.2¢
- Over 5 years
- $3,098
- Full charge
- $14.98
Every 2026 Ioniq 5 version in Minnesota
| Version | Drive | EPA rating | Per month | Full charge |
|---|---|---|---|---|
| Ioniq 5 Standard range | RWD | 29 kWh/100 mi | $47 | $11.57245 mi |
| Ioniq 5 RWD | RWD | 30 kWh/100 mi | $49 | $15.54318 mi |
| Ioniq 5 AWD (19inch Wheels)(used in headline figures) | AWD | 31.7 kWh/100 mi | $52 | $14.98290 mi |
| Ioniq 5 AWD (20inch Wheels) | AWD | 34.5 kWh/100 mi | $56 | $15.12269 mi |
| Ioniq 5 AWD XRT | AWD | 35.8 kWh/100 mi | $58 | $15.10259 mi |
| Ioniq 5 N | AWD | 43 kWh/100 mi | $70 | $15.48221 mi |
Ioniq 5 vs. Toyota RAV4 in Minnesota
The Ioniq 5 costs about $507 a year less to run here.Counting Minnesota's EV fee of $150 or more, the saving is about $357 at most.
See the break-evenMinnesota charges EVs $150 a year or more
On top of the registration every car pays, Minnesota charges electric cars an extra $150 a year or more, about $13 a month. That is the minimum: since 2026 the fee is 0.5% of the car's original sticker price, less as the car ages, when that comes to more.
States charge these fees in place of the gas tax an electric car never pays. Driven the same 1,000 miles a month here, the Toyota RAV4 (41 mpg) pays about $150 a year in state and federal gas tax.
EV fee: Minnesota state government, checked October 2026. Fuel tax: EIA, July 2026 (revised).
Electricity in Minnesota costs 4% more than a year ago
Minnesota's average home rate over the 12 months to August 2026 was 16.3¢ per kWh, 0.6¢ more than the 12 months before. It moves through the year: over those 12 months, from 14.9¢ in December 2025 to 17.5¢ in June 2026. At 1,000 miles a month, the Ioniq 5 costs about $2 a month more to charge than in the 12 months before.
Show every monthly figure
EIA monthly retail sales data, residential customers.
Minnesota is about average to charge a Ioniq 5
28th cheapest of the 50 states and DC, at 1,000 miles a month. See every state
- 1North Dakota$40
- 2Nebraska$40
- 3Idaho$41
- 4Louisiana$41
- 5Utah$42
- 26South Carolina$50
- 27Texas$51
- 28Minnesota$52
- 29Alabama$52
- 30Colorado$52
Questions people ask
How much does it cost to charge a Hyundai Ioniq 5 in Minnesota?
About $52 a month for 1,000 miles, or $620 a year, for the 2026 Ioniq 5 AWD (19inch Wheels) (31.7 kWh/100 mi) at 16.3¢ per kWh. That works out to 5.2¢ a mile.
Which Ioniq 5 version is cheapest to charge?
The Ioniq 5 Standard range (29 kWh/100 mi), at about $47 a month in Minnesota. The 2026 Ioniq 5 comes in 6 EPA-rated versions.
How much does it cost to fully charge a Hyundai Ioniq 5 in Minnesota?
About $14.98 at home for the 2026 Ioniq 5 AWD (19inch Wheels), at 16.3¢ 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 Minnesota charge an extra fee for electric cars?
Yes. Minnesota charges electric cars an extra $150 a year or more, about $13 a month, beyond what every car pays to register. That is the minimum: since 2026 the fee is 0.5% of the car's original sticker price, less as the car ages, when that comes to more.
Is electricity getting more expensive in Minnesota?
Yes. Minnesota's average home rate over the 12 months to August 2026 was 16.3¢ per kWh, 0.6¢ more than the 12 months before. Source: EIA's monthly retail sales data.
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 November 9, 2026. Electricity: EIA average home rates, September 2025 to August 2026. Fuel taxes: EIA, July 2026 (revised). How we calculate