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

Quick Answer

The Hyundai Ioniq 5 costs $854/month to own in Kentucky over 5 years. That's $12,459 more than a comparable Toyota RAV4.Annual charging cost: $500 vs $1,555 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$2,501$7,775
Maintenance$2,360$2,145
5-Year Total$51,234$38,775
Monthly Cost$854/mo$646/mo

Charging Costs in Kentucky

Home Charging (avg 11.5¢/kWh)

$500/year

$42/month

Gas Equivalent (30 MPG, $3.11/gal)

$1,555/year

You save $1,055/year on fuel

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

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