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Hyundai Ioniq 5 Cost in Arizona: EV vs Gas Comparison (2026)

Quick Answer

The Hyundai Ioniq 5 costs $861/month to own in Arizona over 5 years. That's $12,032 more than a comparable Toyota RAV4.Annual charging cost: $570 vs $1,710 for gas.

✓ Updated March 2026✓ Based on state insurance filings

5-Year Cost: Hyundai Ioniq 5 vs Toyota RAV4

Hyundai Ioniq 5 (EV)Toyota RAV4 (Gas)
MSRP$41,800$30,645
Depreciation$23,408$12,871
Insurance$15,780$10,700
Fuel/Charging$2,849$8,550
Maintenance$2,360$2,145
5-Year Total$51,637$39,605
Monthly Cost$861/mo$660/mo

Charging Costs in Arizona

Home Charging (avg 13.100000000000001¢/kWh)

$570/year

$48/month

Gas Equivalent (30 MPG, $3.42/gal)

$1,710/year

You save $1,140/year on fuel

These are estimates based on state averages. Your exact rate depends on your specific profile.

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