Hyundai Ioniq 5 Cost in Maryland: EV vs Gas Comparison (2026)
Quick Answer
The Hyundai Ioniq 5 costs $875/month to own in Maryland over 5 years. That's $12,502 more than a comparable Toyota RAV4.Annual charging cost: $644 vs $1,690 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 | $3,219 | $8,450 |
| Maintenance | $2,360 | $2,145 |
| 5-Year Total | $52,522 | $40,020 |
| Monthly Cost | $875/mo | $667/mo |
Charging Costs in Maryland
Home Charging (avg 14.799999999999999¢/kWh)
$644/year
$54/month
Gas Equivalent (30 MPG, $3.38/gal)
$1,690/year
You save $1,046/year on fuel
These are estimates based on state averages. Your exact rate depends on your specific profile.
✓ No spam calls · ✓ No personal info sold · ✓ Takes 2 minutes