Cheapest States to Charge a Hyundai Ioniq 5
#1: Nevada at $530/year. The most expensive state costs 4.0× more. 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.Rank State Rate (¢/kWh) Annual home charging cost 1 Nevada 13.11 $530/year 2 Nebraska 13.25 $535/year 3 Utah 13.37 $540/year 4 Louisiana 13.49 $545/year 5 Tennessee 14.07 $568/year 6 Arkansas 14.12 $571/year 7 North Dakota 14.12 $571/year 8 Kentucky 14.26 $576/year 9 Oklahoma 14.33 $579/year 10 Idaho 14.37 $581/year 11 North Carolina 14.74 $596/year 12 Mississippi 14.88 $601/year 13 Washington 14.91 $602/year 14 New Mexico 15.06 $608/year 15 Florida 15.10 $610/year 16 Montana 15.14 $612/year 17 Arizona 15.18 $613/year 18 Wyoming 15.24 $616/year 19 South Dakota 15.36 $621/year 20 West Virginia 15.45 $624/year 21 South Carolina 15.55 $628/year 22 Kansas 15.71 $635/year 23 Iowa 15.93 $644/year 24 Texas 15.94 $644/year 25 Missouri 16.22 $655/year 26 Oregon 16.32 $659/year 27 Georgia 16.36 $661/year 28 Alabama 16.40 $663/year 29 Colorado 17.13 $692/year 30 Virginia 17.22 $696/year 31 Indiana 17.51 $707/year 32 Minnesota 17.52 $708/year 33 Ohio 19.19 $775/year 34 Delaware 19.29 $779/year 35 Wisconsin 19.56 $790/year 36 Illinois 19.89 $804/year 37 Pennsylvania 21.73 $878/year 38 Maryland 21.84 $882/year 39 Michigan 22.99 $929/year 40 Connecticut 24.32 $983/year 41 District of Columbia 24.39 $985/year 42 Vermont 24.44 $987/year 43 New Jersey 24.95 $1,008/year 44 New Hampshire 27.01 $1,091/year 45 Alaska 28.21 $1,140/year 46 Rhode Island 29.23 $1,181/year 47 New York 29.49 $1,192/year 48 Maine 29.59 $1,196/year 49 Massachusetts 29.61 $1,196/year 50 California 34.74 $1,404/year 51 Hawaii 52.72 $2,130/year How we calculated this