Cheapest States to Charge a Hyundai Ioniq 5

#1: Nevada at $530/year. The most expensive state costs 4.0× more.

RankStateRate (¢/kWh)Annual home charging cost
1Nevada13.11$530/year
2Nebraska13.25$535/year
3Utah13.37$540/year
4Louisiana13.49$545/year
5Tennessee14.07$568/year
6Arkansas14.12$571/year
7North Dakota14.12$571/year
8Kentucky14.26$576/year
9Oklahoma14.33$579/year
10Idaho14.37$581/year
11North Carolina14.74$596/year
12Mississippi14.88$601/year
13Washington14.91$602/year
14New Mexico15.06$608/year
15Florida15.10$610/year
16Montana15.14$612/year
17Arizona15.18$613/year
18Wyoming15.24$616/year
19South Dakota15.36$621/year
20West Virginia15.45$624/year
21South Carolina15.55$628/year
22Kansas15.71$635/year
23Iowa15.93$644/year
24Texas15.94$644/year
25Missouri16.22$655/year
26Oregon16.32$659/year
27Georgia16.36$661/year
28Alabama16.40$663/year
29Colorado17.13$692/year
30Virginia17.22$696/year
31Indiana17.51$707/year
32Minnesota17.52$708/year
33Ohio19.19$775/year
34Delaware19.29$779/year
35Wisconsin19.56$790/year
36Illinois19.89$804/year
37Pennsylvania21.73$878/year
38Maryland21.84$882/year
39Michigan22.99$929/year
40Connecticut24.32$983/year
41District of Columbia24.39$985/year
42Vermont24.44$987/year
43New Jersey24.95$1,008/year
44New Hampshire27.01$1,091/year
45Alaska28.21$1,140/year
46Rhode Island29.23$1,181/year
47New York29.49$1,192/year
48Maine29.59$1,196/year
49Massachusetts29.61$1,196/year
50California34.74$1,404/year
51Hawaii52.72$2,130/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 (June 2026). See our methodology for the full formula.