Michigan home charging cost for the 2027 Hyundai Ioniq 5 AWD (19inch Wheels)

A 2027 Hyundai Ioniq 5 AWD (19inch Wheels) draws 31.7 kWh per 100 miles per the EPA; at Michigan's 21.14¢/kWh residential rate that's $6.69 per 100 miles charged at home, versus $16.02 for a 25.5-mpg gas car covering the same distance. Charging at home is much cheaper than gas here: 58.2% less than gas per mile, here specifically.

Annual cost, at 15 thousands miles a year

At fueleconomy.gov's default of 15,000 annual miles, the 2027 Hyundai Ioniq 5 AWD (19inch Wheels) costs roughly $1,004 a year to charge at home in Michigan, against roughly $2,403 a year for an equivalent gas car. That's a savings of about $1,399 a year.

Filling up the 2027 Hyundai Ioniq 5 AWD (19inch Wheels), in dollars

Covering the 2027 Hyundai Ioniq 5 AWD (19inch Wheels)'s EPA-rated 290-mile range takes about 91.8 kWh, which costs about $19.41 at Michigan's residential rate — figured from the EPA's own combined range and consumption numbers, not the pack's nameplate capacity.

2027 Hyundai Ioniq 5 AWD (19inch Wheels) in Michigan, ranked

This combination ranks 12,157 of 20,400 state/model pairs for cost savings against gas (1 is cheapest). The Hyundai Ioniq 5 AWD (19inch Wheels) alone ranks 81 of 400 models for efficiency; Michigan alone ranks 38 of 51 states for electricity price.

Next step: home charger installation

The numbers above assume Level 2 home charging is already in place — the electrical work behind that is a real, separate cost that varies by panel, wiring, and local labor rates, not something this page's per-mile math includes.

Get quotes from local electricians for Level 2 charger installation in Michigan before deciding.

Where these figures come from

The methodology guide names the exact EIA and EPA tables behind this page's numbers. Michigan's 21.14¢/kWh rate ranks 38 of 51 states; the state rate guide lays out the full spread.