Hyundai Ioniq 5 Running Costs UK 2026
Standard Range RWD (73kWh)
Last updated: June 2026
Cost per mile
8.0p
home 28p/kWh
Annual (10k mi)
£983
80% home
Real-world range
250 mi
WLTP: 311 mi
Peak DC charge
220kW
CCS
The Hyundai Ioniq 5 was the 2022 World Car of the Year and its reputation has held. Built on Hyundai's 800V E-GMP platform, it charges at up to 220kW — faster than most competitors — and has a distinctive retro-futurist design that divides opinion but stands out on every car park. Its sliding centre console and available solar roof panel are genuinely useful features rather than gimmicks.
Running costs: Hyundai Ioniq 5
At 3.5 miles per kWh, the Ioniq 5 costs approximately 8p per mile on a standard home tariff. That's comparable to a mid-range EV and meaningfully cheaper than the BMW X3 petrol it regularly goes up against — the X3 at 34 MPG costs around 19.2p per mile on current petrol prices. Annual saving at 12,000 miles exceeds £1,300.
| Annual mileage | 100% home (28p) | 80% home / 20% public | 50/50 split |
|---|---|---|---|
| 8,000 miles | £640 | £786 | £1006 |
| 10,000 miles | £800 | £983 | £1257 |
| 12,000 miles | £960 | £1179 | £1509 |
| 15,000 miles | £1200 | £1474 | £1886 |
| 20,000 miles | £1600 | £1966 | £2514 |
Public charging rate: 60p/kWh. Costs calculated on real-world efficiency of 3.5 mi/kWh.
Charging
The 800V architecture enables 220kW peak DC charging — a 10–80% charge can take as little as 18 minutes. The Vehicle-to-Load (V2L) feature lets you use the battery to power appliances — useful on campsites or during power cuts.
Battery capacity
72.6 kWh
Peak DC charge
220kW
Charge port
CCS (DC) / Type 2 (AC)
Efficiency
3.5 mi/kWh
Key fact
The Ioniq 5's 800V charging architecture means it can add 62 miles of range in just 5 minutes on a compatible ultra-rapid charger.
Who is the Ioniq 5 best suited for?
Best for
- ✓Families wanting practical space
- ✓Long-distance EV journeys
- ✓Fast public charging stops
- ✓Those comparing against BMW X3, Volkswagen Tiguan
Less ideal for
- !Compact parking spaces (it is wide)
- !Drivers wanting the most efficient EV per mile
- !Those who find the exterior design too bold
Compare against your current car
Enter your mileage, charging habits, and fuel cost to see exactly what switching to the Ioniq 5 would save you.
Calculate your savingIoniq 5 head-to-head comparisons
Frequently asked questions
How much does the Hyundai Ioniq 5 cost per mile in the UK?
At a standard home tariff of 28p/kWh, the Hyundai Ioniq 5 costs approximately 8.0p per mile. On an overnight EV tariff at 7p/kWh, this drops to 2.0p per mile.
What is the real-world range of the Hyundai Ioniq 5?
The Hyundai Ioniq 5 has a real-world range of approximately 250 miles in typical UK mixed driving conditions. The official WLTP figure is 311 miles, which is measured under standardised test conditions and is typically higher than real-world performance.
How fast does the Hyundai Ioniq 5 charge?
The Hyundai Ioniq 5 supports up to 220kW DC fast charging via CCS (DC) / Type 2 (AC). AC home charging is also supported. The charge time from 10–80% varies depending on the available charger speed.
How much does it cost to run a Hyundai Ioniq 5 per year in the UK?
At 10,000 miles per year and 80% home charging (28p/kWh) with 20% public charging (60p/kWh), the Hyundai Ioniq 5 costs approximately £983 per year in electricity.