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Cost to charge a 2027 Hyundai Ioniq 5 AWD in Massachusetts

At 30.49¢ per kilowatt-hour — Massachusetts's average residential price in July 2026 — a full charge costs $29.24 and a year of driving costs $1,211. That is 67% more than the national average of $727.

Per mile
10.1¢
Full charge
$29.24
Per month
$101
Per year
$1,211

Assumptions: 12,000 miles a year, home Level 2 charging, and EPA combined consumption measured at the wall (so charging losses are already included). Gasoline comparison uses $3.50 a gallon at 30 MPG. Change any of these in the calculator.

Against a gasoline car in Massachusetts

Charging at home saves $189 a year against a 30 MPG gasoline car at $3.50 a gallon.

Electricity
10.1¢/mi
Gasoline
11.7¢/mi
Per year, EV
$1,211
Per year, gas
$1,400

Fuel only. Insurance, maintenance, tires, depreciation and any purchase incentives are outside this comparison, and they can easily be larger than the fuel difference.

How Massachusetts compares

Massachusetts has the 4th most expensive residential electricity in the country, which puts a full charge at $29.24 here against $12.20 in Louisiana and $46.03 in Hawaii.

StateRateFull chargePer year
Alaska28.83¢$27.65$1,145
New York29.90¢$28.67$1,188
Massachusetts30.49¢$29.24$1,211
Maine32.41¢$31.08$1,287
California33.61¢$32.23$1,335

Similar running costs in Massachusetts

Charging it for less in Massachusetts

Questions

How much does it cost to fully charge a 2027 Hyundai Ioniq 5 AWD in Massachusetts?
About $29.24, drawing roughly 95.9 kWh from the wall at 30.49¢/kWh.
What does it cost per mile?
About 10.1¢ per mile on electricity, against roughly 11.7¢ per mile for a 30 MPG gasoline car at $3.50 a gallon.
How far does a 2027 Hyundai Ioniq 5 AWD go on a charge?
EPA rates it at 290 miles of combined range.