What does the 2024 Hyundai Ioniq 5 cost per mile?
Power cost a mile
5.2cents
- 2025 IRS rate: 70 cents a mile.
- Margin: 64.8 cents a mile.
- $6,479 per 10,000 miles.
- 2024 Hyundai Ioniq 5 SE Standard Range RWD: 110 MPGe.
- Median of 151 gas and hybrid SUVs (2024): 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 | 110 MPGe | 5.2 cents | 64.8 cents | $6,479 |
| SE RWD | 114 MPGe | 5.0 cents | 65.0 cents | $6,497 |
| 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 | 114 MPGe | 5.0 cents | 65.0 cents | $6,497 |
| Limited AWD | 34 kWh/100 mi | 5.8 cents | 64.2 cents | $6,422 |
| Disney100 Platinum Edition AWD | 34 kWh/100 mi | 5.8 cents | 64.2 cents | $6,422 |
| Disney100 Platinum Edition Dual Motor 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