Michigan home charging cost for the 2027 Hyundai Ioniq 5 AWD (20inch Wheels)

A 2027 Hyundai Ioniq 5 AWD (20inch Wheels) draws 34.5 kWh per 100 miles per the EPA; at Michigan's 21.14¢/kWh residential rate that's $7.29 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: 54.5% 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 (20inch Wheels) costs roughly $1,094 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 $1,309 a year.

Filling up the 2027 Hyundai Ioniq 5 AWD (20inch Wheels), in dollars

Covering the 2027 Hyundai Ioniq 5 AWD (20inch Wheels)'s EPA-rated 269-mile range takes about 92.8 kWh, which costs about $19.62 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 (20inch Wheels) in Michigan, ranked

This combination ranks 13,763 of 20,400 state/model pairs for cost savings against gas (1 is cheapest). The Hyundai Ioniq 5 AWD (20inch Wheels) alone ranks 136 of 400 models for efficiency; Michigan alone ranks 38 of 51 states for electricity price.

Before you install a home charger in Michigan

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.

Line up a few Michigan electrician quotes for Level 2 install before you commit either way.

Where these figures come from

Every figure on this page traces to a named EIA or EPA dataset — see the methodology guide. At 21.14¢/kWh, Michigan sits in the middle of the national range — the guide to why charging cost varies by state shows where.