Cheapest States to Charge a Hyundai Ioniq 5

#1: North Dakota at $499/year. The most expensive state costs 3.8× more.

RankStateRate (¢/kWh)Annual home charging cost
1North Dakota12.35$499/year
2Idaho12.70$513/year
3Nebraska13.28$537/year
4Utah13.29$537/year
5Oklahoma13.31$538/year
6Iowa13.86$560/year
7Montana13.90$562/year
8Missouri14.01$566/year
9Arkansas14.16$572/year
10Nevada14.29$577/year
11Washington14.36$580/year
12Louisiana14.44$583/year
13South Dakota14.52$587/year
14Wyoming14.68$593/year
15Tennessee14.94$604/year
16Kentucky15.02$607/year
17New Mexico15.15$612/year
18Georgia15.37$621/year
19Florida15.38$621/year
20Arizona15.48$625/year
21Kansas15.78$638/year
22Oregon15.78$638/year
23West Virginia16.06$649/year
24North Carolina16.25$657/year
25Minnesota16.39$662/year
26Colorado16.54$668/year
27Mississippi16.76$677/year
28Texas16.99$686/year
29South Carolina17.06$689/year
30Virginia17.38$702/year
31Alabama17.41$703/year
32Indiana17.90$723/year
33Delaware18.79$759/year
34Wisconsin19.21$776/year
35Ohio19.49$787/year
36Illinois20.47$827/year
37Michigan21.39$864/year
38Pennsylvania21.47$867/year
39Maryland22.07$892/year
40New Jersey23.53$951/year
41Vermont24.56$992/year
42District of Columbia25.41$1,027/year
43New Hampshire27.24$1,101/year
44Alaska27.35$1,105/year
45Rhode Island28.30$1,143/year
46Maine28.42$1,148/year
47Massachusetts29.45$1,190/year
48New York29.45$1,190/year
49Connecticut32.24$1,303/year
50California35.25$1,424/year
51Hawaii46.62$1,884/year

How we calculated this

For each state we compute the home Level 2 charging cost for a Hyundai Ioniq 5 (77 kWh battery, 3.3 mi/kWh EPA efficiency) driving 12,000 miles per year, at the state's average residential rate. Charging losses of ~10% are accounted for.

State electricity prices come from the U.S. Energy Information Administration’s Electric Power Monthly, Table 5.6.A (April 2026). See our methodology for the full formula.