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

Quick Answer

The Hyundai Ioniq 5 costs $854/month to own in Washington over 5 years. That's $9,795 more than a comparable Toyota RAV4.Annual charging cost: $452 vs $2,040 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$2,262$10,200
Maintenance$2,360$2,145
5-Year Total$51,230$41,435
Monthly Cost$854/mo$691/mo

Charging Costs in Washington

Home Charging (avg 10.4¢/kWh)

$452/year

$38/month

Gas Equivalent (30 MPG, $4.08/gal)

$2,040/year

You save $1,588/year on fuel

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

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