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

Quick Answer

The Hyundai Ioniq 5 costs $933/month to own in Hawaii over 5 years. That's $13,517 more than a comparable Toyota RAV4.Annual charging cost: $1,427 vs $2,270 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$7,134$11,350
Maintenance$2,360$2,145
5-Year Total$55,987$42,470
Monthly Cost$933/mo$708/mo

Charging Costs in Hawaii

Home Charging (avg 32.800000000000004¢/kWh)

$1,427/year

$119/month

Gas Equivalent (30 MPG, $4.54/gal)

$2,270/year

You save $843/year on fuel

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

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