Hyundai Ioniq 5What does it cost to run?
About $11.36–$17.33 a week to charge at home for 250 km. That's the Hyundai Ioniq 5 2WD, cheapest in Tasmania and dearest in South Australia. A full charge of its 84 kWh battery costs $20.83 to $35.20 at home.
Charging
Battery84 kWhRange (claimed)570 kmHome wall charger12 hoursPower point35 hoursFast charge, max233 kWPerformance
0–100 km/h7.3 sPower168 kWTorque350 NmDriveRWDPrice
From$68,200 + on-roads ($70,990 drive-away offer to 31 Dec 2026)Charging times are from empty to full and approximate. Is 570 km enough for how you drive? Work out how much range you need › Fast charging away from home costs more than charging at home. What each public charging network charges › Towing: rated to tow 1,600 kg braked, with a 100 kg tow ball limit. Confirm the exact car's rating before you tow. Towing with an EV: range, tow ball limits and every car's rating › Maker's claimed figures. A dash means the figure isn't published for the Australian version.
Photo: © M 93, CC BY-SA 3.0 de, via Wikimedia Commons. May show an overseas version or a related model.
N Line fast-charging speed is our best estimate: Hyundai doesn't publish it; sources give 240 to 260 kW.
Running costsAbout $14.54 a week in NSW · cheapest in TAS ($11.36)
What would it cost you?
Your detailsYour state · 250 km a weekChange
Your new solar system
Panels power your house as well as the car, so we only add the car's part of the cost.
Your current car
About the solar figure: it's an average. Cloudy days, winter and charging at night all mean more power from the grid, so your real cost will vary through the year.
Fine-tune the numbers
Costs in every state
Per week assumes 250 km with 90% of charging at home. Cheapest state in green. *Per year assumes 15,000 km, all home charging.
Hyundai Ioniq 5 2WD
| State | Full charge | Per week | Per year* |
|---|---|---|---|
| NSW | $28.48 | $14.54 | $788 |
| Victoria | $23.86 | $12.62 | $660 |
| Queensland | $23.52 | $12.48 | $651 |
| South Australia | $35.20 | $17.33 | $974 |
| WA | $27.97 | $14.33 | $774 |
| Tasmania | $20.83 | $11.36 | $577 |
| ACT | $31.08 | $15.62 | $860 |
| NT | $25.28 | $13.21 | $700 |
Hyundai Ioniq 5 N Line Premium AWD
| State | Full charge | Per week | Per year* |
|---|---|---|---|
| NSW | $28.48 | $15.29 | $829 |
| Victoria | $23.86 | $13.27 | $694 |
| Queensland | $23.52 | $13.12 | $685 |
| South Australia | $35.20 | $18.22 | $1,024 |
| WA | $27.97 | $15.07 | $814 |
| Tasmania | $20.83 | $11.95 | $606 |
| ACT | $31.08 | $16.42 | $905 |
| NT | $25.28 | $13.89 | $736 |
Hyundai Ioniq 5 Elite RWD
| State | Full charge | Per week | Per year* |
|---|---|---|---|
| NSW | $28.48 | $14.54 | $788 |
| Victoria | $23.86 | $12.62 | $660 |
| Queensland | $23.52 | $12.48 | $651 |
| South Australia | $35.20 | $17.33 | $974 |
| WA | $27.97 | $14.33 | $774 |
| Tasmania | $20.83 | $11.36 | $577 |
| ACT | $31.08 | $15.62 | $860 |
| NT | $25.28 | $13.21 | $700 |
Want to pay less than this? Compare EV electricity plans with cheap overnight rates, or see how to cut your charging bill ›
Compare versions2WD vs N Line Premium AWD vs Elite RWD side by side · 495–570 km range · fast charging 233–240 kW
Charging times are from empty to full and approximate.
| Variant | Price | Battery | Claimed range | Full charge, home wall charger | Full charge, power point | Max fast charge |
|---|---|---|---|---|---|---|
| 2WD | $68,200 + on-roads ($70,990 drive-away offer to 31 Dec 2026) | 84 kWh | 570 km | 12 hours | 35 hours | 233 kW |
| N Line Premium AWD | $83,700 + on-roads ($86,990 drive-away offer to 31 Dec 2026) | 84 kWh | 495 km | 12 hours | 35 hours | 240 kW |
| Elite RWD | $73,200 + on-roads ($75,990 drive-away offer to 31 Dec 2026) | 84 kWh | 570 km | 12 hours | 35 hours | 233 kW |
Is 570 km enough for how you drive? Work out how much range you need ›
Fast charging away from home costs more than charging at home. What each public charging network charges ›
Towing: rated to tow 1,600 kg braked, with a 100 kg tow ball limit. Confirm the exact car's rating before you tow. Towing with an EV: range, tow ball limits and every car's rating ›
Performance
Maker's claimed figures. A dash means the figure isn't published for the Australian version.
| Variant | 0–100 km/h | Power | Torque | Drive |
|---|---|---|---|---|
| 2WD | 7.3 s | 168 kW | 350 Nm | RWD |
| N Line Premium AWD | 5.1 s | 239 kW | 605 Nm | AWD |
Owning one5-year cost from $82,300 · track record: Known issues · 7 yrs / unlimited km warranty
250 km a week in NSW, mostly charged at home. Scheduled service every 12 months or 15,000 km, averaging about $307 a visit (estimate, as pricing for this model is not yet published). Warranty: 7 yrs / unlimited km (with Hyundai servicing).
| Variant | On the road* | Home charger | Charging / yr | Servicing / yr | Tyres / yr | 5-year total |
|---|---|---|---|---|---|---|
| 2WD | $72,200 | $2,000 | $756 | $307 | $557 | $82,300 |
| N Line Premium AWD | $87,700 | $2,000 | $795 | $307 | $557 | $97,995 |
| Elite RWD | $77,200 | $2,000 | $756 | $307 | $557 | $87,300 |
What do "on the road" and "cost to own" mean?
Before on-road costs (+ on-roads): the car's list price only. You pay extra government charges and dealer fees on top when you buy.
On-road costs: stamp duty, first year's registration, compulsory third party (CTP) insurance, number plates and the dealer's delivery fee. They usually add $3,000–6,000 depending on the car and your state. Where a price is "before on-roads" we add about $4,000. See stamp duty and rego by state.
Drive-away: a price that already includes the on-road costs, so it's what you actually pay to drive the car home.
On the road price: the drive-away price, or the list price plus our on-road estimate.
Cost to own: everything you'd spend over the years you keep the car (5 unless you change it): the on the road price, plus a home wall charger for EVs (about $2,000, one-off), plus charging or fuel, scheduled servicing and tyres for every year. Divide it by the number of weeks to see what the car really costs you each week.
Match score (Pick my car): this is about fit, not quality. Each car that fits your answers is compared only with the other cars that fit, on eight things, and a car that does something less well than the others in that group scores lower on it, even if it's good at it. Change your budget or answers and the group changes, so the scores do too. The eight things: how much car the money buys (price, 20%), ANCAP safety rating (15%: a current rating counts in full, an expired one less, and a car ANCAP hasn't rated counts as middling), range (15%), performance (0–100 km/h, or power where no time is published, 10%), fast-charging speed (peak DC kW, 10%), warranty length (10%, with the battery warranty counted for cars that plug in), servicing and tyre costs (15%), and recalls and track record (5%: major recalls in Australia on our list count against a car (our recall list covers the bigger, well-reported ones, so a clean record here is not a guarantee), and models sold here for longer get a little credit). A figure we don't have counts as middling, not as bad. "Most car for my budget" ranks by this match score; "Lowest cost to own" ranks by cost and uses the score only to split near-ties.
Not included: yearly rego renewals and insurance after the first year (see what EVs and hybrids cost to insure), finance interest, and what the car is worth when you sell it. These vary too much by person and car to estimate fairly, and resale value is the biggest unknown, especially for newer brands.
Insurance isn't included above. See what EVs and hybrids cost to insure and get quotes before you buy.
Thinking of a novated lease? See what the Ioniq 5 would cost you on a lease, and how it compares with a car loan or paying cash.
Compare the Hyundai Ioniq 5 with other cars
In our rankings: No. 30 of 59 EVs for towing · No. 21 of 31 family EVs · No. 18 of 20 EVs with V2L
Savings on the Ioniq 5
Novated lease: qualifies, with a catch. Versions under $91,661 are free of fringe benefits tax today, but leases starting from April 2027 on cars over $75,000 are proposed to get only a 25% discount.
See your lease saving on the Ioniq 5 ›
Rebates: no state offers a purchase rebate on new EVs in 2026. Where an EV still costs less to put on the road:
- Queensland: 2% stamp duty on EVs up to $100,000 instead of 3% for a typical petrol car, about $680 less on the cheapest Ioniq 5.
- NT: free rego for EVs until 30 June 2027.
- ACT: cheaper emissions-based rego for zero-emission cars.
Everywhere else you pay the same stamp duty and rego as a petrol car. Rules change often, so check with your state before you buy: stamp duty and rego by state · how the lease tax break works.
Reliability and track record
How we rate: under 2 years on sale here is "Too new to tell". A widely reported fault or repeated recalls is "Known issues". Otherwise it's "Established". We list documented problems with a source, not opinions. Single recalls that were fixed are listed but don't change the rating, as most models have some.
The Hyundai Ioniq 5 has documented problems worth knowing about before you buy. Most have fixes, so ask the dealer whether a car you're looking at has had them done.
- Known issue Recalled in Australia (about 8,000 Hyundai, Kia and Genesis EVs) because the charging control unit (ICCU) can stop charging the 12-volt battery, which can lead to a loss of power. Fixed with a software update, and the unit is replaced if needed. Source: CarExpert
About Hyundai
Korea's biggest maker, with the Ioniq EV range. Sister brands: Kia, Genesis. Who owns which car brand.
Tyres
Buying usedUsed ones from about $27,300 · recalls, prices by year, new vs nearly new
Buying a used Hyundai Ioniq 5
The saving compares the cheapest new version with the low end of the typical used range (base versions). Used ranges span all versions sold that year, and *new prices before on-roads include about $4,000 on-road costs. Running costs are about the same if the version is the same.
New or nearly new?
A base 2024 car costs about $32,600 (45%) less than the cheapest new one, with about 5 years of warranty left. That's a strong case for buying nearly new, though the new version has changed.
Prices by year
Typical prices by year (November 2026, Glass's Guide via CarsGuide and carsales). They span the versions sold that year; condition and kilometres move the price a lot.
- 2021–24: 451 km range (claimed), 220 kW fast charging (CCS2). Standard Range: 58 kWh, 384 km. 2023 on: 77.4 kWh, about 480 km.
2021: $34,400–$37,300 · 2022: $27,300–$42,300 · 2023: $38,500–$55,220 · 2024: $39,600–$57,800
Battery warranty: 8 yrs / 160,000 km, counted from when the car was first sold. Check how much is left.
Recalls in Australia (2)
All have a free fix. Check each was done: enter the VIN at vehiclerecalls.gov.au or ask a dealer.
- Can lose power Charging control unit (ICCU) can stop charging the 12-volt battery, so the car can lose power while driving. Free software update, unit replaced if needed. (2021–24, REC-006224)
- Safety Park lock software fault can let the car roll while in Park. (2021–22, REC-005448)
What owners report
- Charging control unit (ICCU) failures, the same fault behind the recall: cars lose 12-volt charging and can stop. (CarExpert)
Check before you buy
- Check the ICCU recall and update were done (VIN check), and ask if the unit was replaced.
- Ask for a battery health report (state of health): how to check the battery. Take our used EV checklist too.
Full used Hyundai Ioniq 5 guide Is it a fair price?
Or let Pick my used car rank the options for your budget.
Road tripsCharging stops and costs on big Australian trips
Using the 2WD's highway range of about 428 km. Tap a trip for the stops and costs.
RivalsMini Countryman Electric, Toyota bZ4X Touring, Volvo EX40
MiniCountryman Electric$68,990 · $13.13/wk
ToyotabZ4X Touring$69,990 · $14.54/wk
VolvoEX40$69,990 · $15.00/wkSee all four side by side in Compare ›
More on rivals: head-to-heads and what's coming
Hyundai Ioniq 5 head to head
- Hyundai Ioniq 5 vs Tesla Model Y
- Hyundai Ioniq 5 vs Kia EV6
- Hyundai Ioniq 5 vs Toyota bZ4X Touring
- Hyundai Ioniq 5 vs Ford Mustang Mach-E
- Hyundai Ioniq 5 vs Audi Q4 e-tron
- Hyundai Ioniq 5 vs Volvo EX40
- Hyundai Ioniq 5 vs Mini Countryman Electric
- Hyundai Ioniq 5 vs Kia Niro EV
- Hyundai Ioniq 5 vs Subaru Trailseeker
Against hybrids and plug-ins
Worth waiting for?
These similar-sized cars at around the Hyundai Ioniq 5's price are due in Australia within the next few months. Timing and prices aren't final, so only wait if you can.
Cables and extrasCharging speeds, cables and handy gear
What to buy for the Ioniq 5
- Home wall charger
- On normal single-phase home power it charges at up to 7.4 kW, so a 7 kW single-phase wall charger is all it can use. On three-phase power it can take up to 10.5 kW; that's only worth paying for if your home already has three-phase power.
- Portable charger
- Ask the dealer whether one comes with the car, as it varies by brand, dealer and model year. If not, a 10 A portable charger that plugs into a normal power point is a handy backup. Portable chargers worth buying ›
- Cables
- Type 2 plug for home and public AC charging, and CCS2 for fast chargers (the fast-charger cable is attached to the charger). A Type 2 to Type 2 cable lets you use 'bring your own cable' chargers at shopping centres, hotels and caravan parks. Type 2 cables worth buying ›
- Power things from the car (V2L)
- Yes. Through an adaptor that plugs into the charge port.
See the EV gear we recommend Find the right wall charger ›
More help: which cables you need · home charger costs
QuestionsHow much is a Hyundai Ioniq 5 in Australia? and 4 more
How much is a Hyundai Ioniq 5 in Australia?
The Hyundai Ioniq 5 starts from $68,200 + on-roads ($70,990 drive-away offer to 31 Dec 2026) (November 2026). Prices change often, so check with a dealer.
How much does a Hyundai Ioniq 5 cost to run each week?
Charging mostly at home and driving 250 km a week, the Hyundai Ioniq 5 2WD costs about $11.36 in Tasmania to $17.33 in South Australia, using 2026–27 default electricity prices.
How much does it cost to fully charge a Hyundai Ioniq 5?
A full charge of the 84 kWh battery costs about $20.83 to $35.20 at home, depending on your state, or about $58.80 at a public fast charger.
How long does a Hyundai Ioniq 5 take to charge at home?
About 12 hours from empty on a 7 kW home wall charger, or about 35 hours from a normal power point. Most owners top up overnight rather than charging from empty.
How far can a Hyundai Ioniq 5 go on a charge?
Claimed range is up to 570 km on the WLTP test. Expect less at highway speeds or with the air-con on.
How we work it out, and our sources
Weekly cost = the car's energy use × 250 km × your electricity or fuel price, with 90% of charging at home. Prices are list prices at November 2026; check with the dealer.
- Electricity: 2026–27 default rates (AER, Victorian Default Offer, state retailers). Public charging: Sydney network prices, July 2026.
- Petrol and diesel: capital-city daily averages from state government price feeds, via FuelRadar, 12 November 2026. Diesel for Hobart, Canberra and Darwin is estimated from the national fall.
- Cars: maker figures via CarExpert, Drive, CarsGuide and EV Central. Plug-in electric range is taken as 80% of the claim.
- Servicing: published capped prices; marked as an estimate where not yet published (CarExpert comparison).
- Tyres: an EV set lasts about 35,000 km, a petrol or hybrid set 50,000 km (RACV); prices from Gridly.
- Home charger: about $2,000 installed ($1,000–$3,000). Novated leases: PwC summary.
Printed from EV Pick Australia · evpick.com.au. Prices and costs are estimates; check with the dealer. © 2026 EV Pick (T. Crouch). For personal use only; not to be copied, republished or sold without permission.
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