Charging a 2027 Hyundai Ioniq 5 AWD (20inch Wheels) at home in New Jersey

In New Jersey, home electricity runs 23.65¢/kWh — put a 2027 Hyundai Ioniq 5 AWD (20inch Wheels)'s EPA-rated 34.5 kWh/100mi against that and 100 miles costs $8.16, versus $16.02 for a gas car averaging 25.5 mpg. That works out to 49.1% cheaper per mile than gasoline in New Jersey — charging at home is much cheaper than gas here.

Annual cost, at 15 thousands miles a year

New Jersey owners putting 15,000 annual miles on a 2027 Hyundai Ioniq 5 AWD (20inch Wheels) spend about $1,224 on home electricity, compared to about $2,403 a gas-car equivalent would spend on fuel. Call it about $1,179 saved annually, at this mileage.

What one full charge costs

At New Jersey's rate, fully covering this 2027 Hyundai Ioniq 5 AWD (20inch Wheels)'s 269-mile EPA range costs about $21.95 (92.8 kWh) — the energy the EPA test actually used, not the battery's rated size.

2027 Hyundai Ioniq 5 AWD (20inch Wheels) in New Jersey, ranked

Among all 20,400 state-and-model combinations this site tracks, charging a 2027 Hyundai Ioniq 5 AWD (20inch Wheels) in New Jersey ranks 15,286 for cost savings versus gas — 1 being the best deal nationally. Separately, the Hyundai Ioniq 5 AWD (20inch Wheels) ranks 136 of 400 EV models for raw efficiency, and New Jersey ranks 40 of 51 for cheapest residential electricity.

Next step: home charger installation

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.

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

More on how this number was built

See the methodology guide for exactly which EIA and EPA figures feed 2027 Hyundai Ioniq 5 AWD (20inch Wheels)'s cost in New Jersey. At 23.65¢/kWh, New Jersey sits in the middle of the national range — the guide to why charging cost varies by state shows where.