Hyundai Ioniq 5 Cost in Rhode Island: EV vs Gas Comparison (2026)
Quick Answer
The Hyundai Ioniq 5 costs $891/month to own in Rhode Island over 5 years. That's $13,709 more than a comparable Toyota RAV4.Annual charging cost: $935 vs $1,740 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 | $4,676 | $8,700 |
| Maintenance | $2,360 | $2,145 |
| 5-Year Total | $53,454 | $39,745 |
| Monthly Cost | $891/mo | $662/mo |
Charging Costs in Rhode Island
Home Charging (avg 21.5¢/kWh)
$935/year
$78/month
Gas Equivalent (30 MPG, $3.48/gal)
$1,740/year
You save $805/year on fuel
These are estimates based on state averages. Your exact rate depends on your specific profile.
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