Charging a 2027 Hyundai Ioniq 6 N at home in New Mexico

In New Mexico, home electricity runs 14.82¢/kWh — put a 2027 Hyundai Ioniq 6 N's EPA-rated 37.9 kWh/100mi against that and 100 miles costs $5.62, versus $16.02 for a gas car averaging 25.5 mpg. That works out to 64.9% cheaper per mile than gasoline in New Mexico — charging at home is much cheaper than gas here.

2027 Hyundai Ioniq 6 N: yearly cost in New Mexico

New Mexico owners putting 15,000 annual miles on a 2027 Hyundai Ioniq 6 N spend about $843 on home electricity, compared to about $2,403 a gas-car equivalent would spend on fuel. Call it about $1,560 saved annually, at this mileage.

Cost of a full charge

At New Mexico's rate, fully covering this 2027 Hyundai Ioniq 6 N's 245-mile EPA range costs about $13.77 (92.9 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 6 N in New Mexico ranks 7,546 for cost savings versus gas — 1 being the best deal nationally. Separately, the Hyundai Ioniq 6 N ranks 213 of 400 EV models for raw efficiency, and New Mexico ranks 17 of 51 for cheapest residential electricity.

Before you install a home charger in New Mexico

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 New Mexico 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 14.82¢/kWh, New Mexico sits in the middle of the national range — the guide to why charging cost varies by state shows where.