2026 Hyundai Ioniq 5 N: home charging cost in New Mexico

In New Mexico, home electricity runs 14.82¢/kWh — put a 2026 Hyundai Ioniq 5 N's EPA-rated 43 kWh/100mi against that and 100 miles costs $6.37, versus $16.02 for a gas car averaging 25.5 mpg. Charging at home is much cheaper than gas here: 60.2% less than gas per mile, here specifically.

2026 Hyundai Ioniq 5 N: yearly cost in New Mexico

Driving 15,000 miles a year — fueleconomy.gov's own default assumption — a 2026 Hyundai Ioniq 5 N charged at home in New Mexico costs about $956/year in electricity, against about $2,403/year for the gas-car comparison. That's a savings of about $1,447 a year.

What one full charge costs

A 2026 Hyundai Ioniq 5 N needs roughly 95 kWh to reach its EPA-rated 221-mile range, which runs about $14.08 at 14.82¢/kWh in New Mexico.

How this compares nationally

This combination ranks 11,009 of 20,400 state/model pairs for cost savings against gas (1 is cheapest). The Hyundai Ioniq 5 N alone ranks 325 of 400 models for efficiency; New Mexico alone ranks 17 of 51 states for electricity price.

Getting set up to charge a 2026 Hyundai Ioniq 5 N at home

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 New Mexico electrician quotes for Level 2 install before you commit either way.

Where these figures come from

See the methodology guide for exactly which EIA and EPA figures feed 2026 Hyundai Ioniq 5 N's cost in New Mexico. New Mexico's 14.82¢/kWh rate ranks 17 of 51 states; the state rate guide lays out the full spread.