Hyundai Ioniq 5 Cost in Tennessee: EV vs Gas Comparison (2026)
Quick Answer
The Hyundai Ioniq 5 costs $855/month to own in Tennessee over 5 years. That's $12,600 more than a comparable Toyota RAV4.Annual charging cost: $513 vs $1,540 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 | $2,567 | $7,700 |
| Maintenance | $2,360 | $2,145 |
| 5-Year Total | $51,325 | $38,725 |
| Monthly Cost | $855/mo | $645/mo |
Charging Costs in Tennessee
Home Charging (avg 11.799999999999999¢/kWh)
$513/year
$43/month
Gas Equivalent (30 MPG, $3.08/gal)
$1,540/year
You save $1,027/year on fuel
These are estimates based on state averages. Your exact rate depends on your specific profile.
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