What does the 2020 Hyundai Ioniq Electric cost per mile?
Power cost a mile
4.3cents
- 2025 IRS rate: 70 cents a mile.
- Margin: 65.7 cents a mile.
- $6,568 per 10,000 miles.
- 2020 Hyundai Ioniq Electric SE FWD: 25.4 kWh/100 mi.
- Median of 18 gas and hybrid hatchbacks (2020): 9.8 cents a mile.
Gas $3.20. Power 17 cents per kWh. 2025 IRS rate 70 cents.
| Trim | Rating | Cost a mile | Margin a mile | Per 10,000 mi |
|---|---|---|---|---|
| SE FWD | 25.4 kWh/100 mi | 4.3 cents | 65.7 cents | $6,568 |
| Limited FWD | 25.4 kWh/100 mi | 4.3 cents | 65.7 cents | $6,568 |
What this cannot tell you
Fuel only. Insurance, repairs and value loss not counted.
The IRS rate covers every cost, not fuel alone.
- 2 or more sources
- 1 source
- Model-level, rule or estimate
- Sources disagree