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

Quick Answer

The Hyundai Ioniq 5 costs $853/month to own in Louisiana over 5 years. That's $12,569 more than a comparable Toyota RAV4.Annual charging cost: $487 vs $1,520 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$2,436$7,600
Maintenance$2,360$2,145
5-Year Total$51,164$38,595
Monthly Cost$853/mo$643/mo

Charging Costs in Louisiana

Home Charging (avg 11.200000000000001¢/kWh)

$487/year

$41/month

Gas Equivalent (30 MPG, $3.04/gal)

$1,520/year

You save $1,033/year on fuel

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

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