What does the 2023 Hyundai Ioniq 5 cost per mile?
Power cost a mile
5.3cents
- 2025 IRS rate: 70 cents a mile.
- Margin: 64.7 cents a mile.
- $6,473 per 10,000 miles.
- 2023 Hyundai Ioniq 5 SE Standard Range RWD: 31 kWh/100 mi.
- Median of 151 gas and hybrid SUVs (2023): 13.9 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 Standard Range RWD | 31 kWh/100 mi | 5.3 cents | 64.7 cents | $6,473 |
| SE RWD | 30 kWh/100 mi | 5.1 cents | 64.9 cents | $6,490 |
| SEL RWD | 30 kWh/100 mi | 5.1 cents | 64.9 cents | $6,490 |
| SE AWD | 34 kWh/100 mi | 5.8 cents | 64.2 cents | $6,422 |
| SEL AWD | 34 kWh/100 mi | 5.8 cents | 64.2 cents | $6,422 |
| Limited RWD | 30 kWh/100 mi | 5.1 cents | 64.9 cents | $6,490 |
| Limited AWD | 34 kWh/100 mi | 5.8 cents | 64.2 cents | $6,422 |
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