What it costs to charge a 2027 Hyundai Ioniq 5 Standard range in Minnesota

A 2027 Hyundai Ioniq 5 Standard range draws 29 kWh per 100 miles per the EPA; at Minnesota's 15.98¢/kWh residential rate that's $4.63 per 100 miles charged at home, versus $16.02 for a 25.5-mpg gas car covering the same distance. That works out to 71.1% cheaper per mile than gasoline in Minnesota — charging at home costs a fraction of what gas would here.

What a year of driving costs

Home charging this 2027 Hyundai Ioniq 5 Standard range in Minnesota runs about $695 over fueleconomy.gov's default 15,000 annual miles, versus about $2,403 for the gasoline equivalent. Call it about $1,708 saved annually, at this mileage.

Filling up the 2027 Hyundai Ioniq 5 Standard range, in dollars

$11.35 — that's what Minnesota's 15.98¢/kWh rate puts on the 71.1 kWh a 2027 Hyundai Ioniq 5 Standard range needs for its full 245-mile EPA range.

How this compares nationally

Among all 20,400 state-and-model combinations this site tracks, charging a 2027 Hyundai Ioniq 5 Standard range in Minnesota ranks 2,892 for cost savings versus gas — 1 being the best deal nationally. Separately, the Hyundai Ioniq 5 Standard range ranks 38 of 400 EV models for raw efficiency, and Minnesota ranks 26 of 51 for cheapest residential electricity.

Getting set up to charge a 2027 Hyundai Ioniq 5 Standard range at home

Everything above is the per-mile and per-year cost once a home charger exists — getting one installed is a separate electrical job whose price depends on your panel and wiring, not the state average used here.

Ask a licensed Minnesota electrician to quote the install before this math becomes a real decision.

More on how this number was built

The methodology guide names the exact EIA and EPA tables behind this page's numbers. At 15.98¢/kWh, Minnesota sits in the middle of the national range — the guide to why charging cost varies by state shows where.