What it costs to charge a 2026 Hyundai Ioniq 5 in New York
Short answer
Charging at home 1,000 miles a month at 28.5¢ per kWh. That's 9.0¢ a mile and $1,086 a year.
A full charge at home costs about $26.24, for 290 miles of EPA range.
New York's average home electricity rate, September 2025 to August 2026 (EIA).
Change the version, miles or price
- Per year
- $1,086
- Per mile
- 9.0¢
- Over 5 years
- $5,428
- Full charge
- $26.24
Every 2026 Ioniq 5 version in New York
| Version | Drive | EPA rating | Per month | Full charge |
|---|---|---|---|---|
| Ioniq 5 Standard range | RWD | 29 kWh/100 mi | $83 | $20.28245 mi |
| Ioniq 5 RWD | RWD | 30 kWh/100 mi | $86 | $27.23318 mi |
| Ioniq 5 AWD (19inch Wheels)(used in headline figures) | AWD | 31.7 kWh/100 mi | $90 | $26.24290 mi |
| Ioniq 5 AWD (20inch Wheels) | AWD | 34.5 kWh/100 mi | $98 | $26.49269 mi |
| Ioniq 5 AWD XRT | AWD | 35.8 kWh/100 mi | $102 | $26.46259 mi |
| Ioniq 5 N | AWD | 43 kWh/100 mi | $123 | $27.12221 mi |
Ioniq 5 vs. Toyota RAV4 in New York
The Ioniq 5 costs about $119 a year less to run here.
See the break-evenNew York charges EVs no extra fee
New York has no extra registration fee for electric cars.
For comparison, driven the same 1,000 miles a month here, the Toyota RAV4 (41 mpg) pays about $125 a year in state and federal gas tax.
EV fee: U.S. Department of Energy, checked October 2026. Fuel tax: EIA, July 2026 (revised).
Electricity in New York costs 11% more than a year ago
New York's average home rate over the 12 months to August 2026 was 28.5¢ per kWh, 2.9¢ more than the 12 months before. It moves through the year: over those 12 months, from 26.5¢ in November 2025 to 29.9¢ in May 2026. At 1,000 miles a month, the Ioniq 5 costs about $9 a month more to charge than in the 12 months before.
Show every monthly figure
EIA monthly retail sales data, residential customers.
New York is the 6th most expensive state to charge a Ioniq 5
46th 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
- 44Alaska$86
- 45Connecticut$88
- 46New York$90
- 47Rhode Island$94
- 48Maine$94
Questions people ask
How much does it cost to charge a Hyundai Ioniq 5 in New York?
About $90 a month for 1,000 miles, or $1,086 a year, for the 2026 Ioniq 5 AWD (19inch Wheels) (31.7 kWh/100 mi) at 28.5¢ per kWh. That works out to 9.0¢ a mile.
Which Ioniq 5 version is cheapest to charge?
The Ioniq 5 Standard range (29 kWh/100 mi), at about $83 a month in New York. The 2026 Ioniq 5 comes in 6 EPA-rated versions.
How much does it cost to fully charge a Hyundai Ioniq 5 in New York?
About $26.24 at home for the 2026 Ioniq 5 AWD (19inch Wheels), at 28.5¢ 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 New York charge an extra fee for electric cars?
No. New York has no extra registration fee for electric cars.
Is electricity getting more expensive in New York?
Yes. New York's average home rate over the 12 months to August 2026 was 28.5¢ per kWh, 2.9¢ 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