Charging a 2027 Hyundai Ioniq 5 AWD XRT at home in New Mexico

In New Mexico, home electricity runs 14.82¢/kWh — put a 2027 Hyundai Ioniq 5 AWD XRT's EPA-rated 35.8 kWh/100mi against that and 100 miles costs $5.3, versus $16.02 for a gas car averaging 25.5 mpg. That works out to 66.9% cheaper per mile than gasoline in New Mexico — charging at home costs a fraction of what gas would here.

2027 Hyundai Ioniq 5 AWD XRT: yearly cost in New Mexico

New Mexico owners putting 15,000 annual miles on a 2027 Hyundai Ioniq 5 AWD XRT spend about $795 on home electricity, compared to about $2,403 a gas-car equivalent would spend on fuel. Call it about $1,608 saved annually, at this mileage.

Filling up the 2027 Hyundai Ioniq 5 AWD XRT, in dollars

At New Mexico's rate, fully covering this 2027 Hyundai Ioniq 5 AWD XRT's 259-mile EPA range costs about $13.73 (92.6 kWh) — the energy the EPA test actually used, not the battery's rated size.

Where this ranks

Among all 20,400 state-and-model combinations this site tracks, charging a 2027 Hyundai Ioniq 5 AWD XRT in New Mexico ranks 5,986 for cost savings versus gas — 1 being the best deal nationally. Separately, the Hyundai Ioniq 5 AWD XRT ranks 164 of 400 EV models for raw efficiency, and New Mexico ranks 17 of 51 for cheapest residential electricity.

Getting set up to charge a 2027 Hyundai Ioniq 5 AWD XRT 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.

Line up a few New Mexico 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 XRT's cost in New Mexico. At 14.82¢/kWh, New Mexico sits in the middle of the national range — the guide to why charging cost varies by state shows where.