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Cost to charge a 2027 Hyundai Ioniq 5 AWD in Texas

At 15.94¢ per kilowatt-hour — Texas's average residential price in June 2026 — a full charge costs $15.29 and a year of driving costs $633. That is 13% less than the national average of $728.

Per mile
5.3¢
Full charge
$15.29
Per month
$52.76
Per year
$633

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 Texas

Charging at home saves $767 a year against a 30 MPG gasoline car at $3.50 a gallon.

Electricity
5.3¢/mi
Gasoline
11.7¢/mi
Per year, EV
$633
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 Texas compares

Texas has the 24th cheapest residential electricity in the country, which puts a full charge at $15.29 here against $12.57 in Nevada and $50.56 in Hawaii.

StateRateFull chargePer year
Kansas15.71¢$15.07$624
Iowa15.93¢$15.28$633
Texas15.94¢$15.29$633
Missouri16.22¢$15.55$644
Oregon16.32¢$15.65$648

Similar running costs in Texas

Charging it for less in Texas

Questions

How much does it cost to fully charge a 2027 Hyundai Ioniq 5 AWD in Texas?
About $15.29, drawing roughly 95.9 kWh from the wall at 15.94¢/kWh.
What does it cost per mile?
About 5.3¢ 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.