ElectricModel Hub

Hyundai Ioniq 5

320 hp all-electric, popular electric SUV, 2026 model. Compare true ownership costs across 50 countries — purchase price, import duties, insurance, fuel, and annual running costs.

2026 2025 2024

Base Price

$49K

USD MSRP

Cheapest Country

🇻🇪 Venezuela

$14K/yr

Most Expensive

🇸🇬 Singapore

$28K/yr

5-Year TCO (US)

$139K

Total cost of ownership

Countries Tracked

Full cost breakdown

Years Available

Model years tracked

⛽

Fuel Efficiency

Zero fuel cost

Electric powertrain eliminates fuel costs entirely

📉

3-Year Depreciation

46% loss

Loses ~$22,540 from $49,000 base in 3 years

🔧

Annual Maintenance

$1,200

Typical for Electric segment in developed markets

🏷️

Segment

Electric

Competes in the Electric segment globally

About This Model

Electric Segment: Zero Fuel, Lower Maintenance, Higher Purchase Price

Electric vehicles eliminate fuel costs entirely and reduce scheduled maintenance by up to 40% compared to petrol equivalents — no oil changes, no exhaust system, fewer brake replacements due to regenerative braking. The total five-year cost of ownership for an electric model is competitive with petrol equivalents in most developed markets, even before government incentives are applied. Battery degradation is the primary long-term cost risk: most manufacturers warrant battery capacity to 70% over 8 years or 160,000 km, but real-world degradation rates vary significantly by climate and charging behaviour.

The Hyundai Ioniq 5 is a Electric-segment vehicle with a base price of $49,000 USD. 320 hp all-electric, popular electric SUV, 2026 model. Across 50 countries, annual ownership costs range from $14K in Venezuela to $28K in Singapore — a 103% difference driven by import duties, fuel prices, insurance markets, and local taxation.

Annual Cost Snapshot (US)

Depreciation

$13,720

Insurance

$1,900

Fuel

Maintenance

$1,629

Registration

$450

Total Annual$17,699

Full US Breakdown

Interactive Chart

Hyundai Ioniq 5 — Annual Cost by Country

Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.

Depreciation Curve

How Fast Does the Ioniq 5 Lose Value?

Starting at $49,000, the Hyundai Ioniq 5 retains 43% of its value after 5 years — losing $27,930 in total.

Year 1

$35,280 (72%)

Year 2

$30,380 (62%)

Year 3

$26,460 (54%)

Year 4

$23,520 (48%)

Year 5

$21,070 (43%)

Market Value Over 5 Years

Cost Composition

What Makes Up the Annual Cost?

Annual ownership cost in the United States: $17,699. Depreciation is the largest single cost at 78% of total annual spend.

Depreciation

$13,72078%

Insurance

$1,90011%

Fuel

$00%

Maintenance

$1,6299%

Registration

$4503%

Country Rankings

Where Is the Ioniq 5 Cheapest & Most Expensive?

🏆5 Cheapest Countries to Own

#1🇻🇪

Venezuela

Purchase: $68K

$14K/yr

#2🇮🇷

Iran

Purchase: $101K

$14K/yr

#3🇧🇩

Bangladesh

Purchase: $141K

$14K/yr

#4🇺🇦

Ukraine

Purchase: $65K

$15K/yr

#5🇳🇬

Nigeria

Purchase: $71K

$15K/yr

💸5 Most Expensive Countries to Own

#1🇸🇬

Singapore

Purchase: $75K

$28K/yr

#2🇭🇰

Hong Kong

Purchase: $105K

$24K/yr

#3🇧🇷

Brazil

Purchase: $74K

$20K/yr

#4🇩🇰

Denmark

Purchase: $153K

$20K/yr

#5🇬🇧

United Kingdom

Purchase: $63K

$20K/yr

50 Countries

Hyundai Ioniq 5 — Annual Cost by Country

Based on 2026 model. Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.

#	Country	Purchase Price	Import Duty	Insurance/yr	Fuel/yr	Annual Total	Details
1	🇻🇪Venezuela	$68K	20%	$100	$0	$14K	View
2	🇮🇷Iran	$101K	90%	$150	$0	$14K	View
3	🇧🇩Bangladesh	$141K	150%	$200	$0	$14K	View
4	🇺🇦Ukraine	$65K	10%	$500	$0	$15K	View
5	🇳🇬Nigeria	$71K	35%	$550	$0	$15K	View
6	🇵🇰Pakistan	$86K	50%	$450	$0	$15K	View
7	🇵🇪Peru	$63K	9%	$600	$0	$15K	View
8	🇪🇬Egypt	$78K	40%	$450	$0	$15K	View
9	🇮🇳India	$125K	100%	$350	$0	$15K	View
10	🇬🇭Ghana	$68K	20%	$650	$0	$15K	View
11	🇷🇺Russia	$68K	15%	$700	$0	$15K	View
12	🇰🇪Kenya	$71K	25%	$750	$0	$15K	View
13	🇵🇭Philippines	$71K	30%	$750	$0	$16K	View
14	🇮🇩Indonesia	$76K	40%	$650	$0	$16K	View
15	🇷🇴Romania	$64K	10%	$950	$0	$16K	View
16	🇹🇭Thailand	$94K	80%	$850	$0	$16K	View
17	🇻🇳Vietnam	$92K	70%	$450	$0	$16K	View
18	🇶🇦Qatar	$51K	5%	$1K	$0	$16K	View
19	🇭🇺Hungary	$68K	10%	$1K	$0	$16K	View
20	🇨🇴Colombia	$79K	35%	$1K	$0	$16K	View
21	🇲🇽Mexico	$68K	20%	$1K	$0	$16K	View
22	🇲🇾Malaysia	$68K	30%	$950	$0	$16K	View
23	🇸🇦Saudi Arabia	$59K	5%	$1K	$0	$16K	View
24	🇨🇿Czech Republic	$65K	10%	$1K	$0	$16K	View
25	🇦🇷Argentina	$80K	35%	$1K	$0	$16K	View
26	🇦🇪UAE	$54K	5%	$1K	$0	$16K	View
27	🇵🇱Poland	$66K	10%	$1K	$0	$16K	View
28	🇨🇱Chile	$62K	6%	$1K	$0	$16K	View
29	🇨🇳China	$64K	15%	$1K	$0	$17K	View
30	🇹🇷Turkey	$106K	80%	$950	$0	$17K	View
31	🇿🇦South Africa	$70K	25%	$2K	$0	$17K	View
32	🇵🇹Portugal	$66K	10%	$1K	$0	$17K	View
33	🇰🇷South Korea	$58K	8%	$1K	$0	$17K	View
34	🇬🇷Greece	$67K	10%	$1K	$0	$17K	View
35	🇪🇸Spain	$65K	10%	$2K	$0	$17K	View
36	🇫🇷France	$65K	10%	$2K	$0	$18K	View
37	🇳🇿New Zealand	$59K	5%	$2K	$0	$18K	View
38	🇺🇸United States	$50K	2.5%	$2K	$0	$18K	View
39	🇫🇮Finland	$67K	10%	$2K	$0	$18K	View
40	🇦🇹Austria	$65K	10%	$2K	$0	$18K	View
41	🇸🇪Sweden	$67K	10%	$2K	$0	$18K	View
42	🇯🇵Japan	$54K	0%	$1K	$0	$18K	View
43	🇩🇪Germany	$64K	10%	$2K	$0	$18K	View
44	🇧🇪Belgium	$65K	10%	$2K	$0	$18K	View
45	🇳🇱Netherlands	$65K	10%	$2K	$0	$18K	View
46	🇨🇦Canada	$55K	6.1%	$2K	$0	$18K	View
47	🇨🇭Switzerland	$56K	6.5%	$2K	$0	$18K	View
48	🇦🇺Australia	$57K	5%	$2K	$0	$19K	View
49	🇳🇴Norway	$77K	25%	$2K	$0	$19K	View
50	🇮🇱Israel	$105K	83%	$2K	$0	$19K	View
51	🇮🇹Italy	$66K	10%	$2K	$0	$19K	View
52	🇬🇧United Kingdom	$63K	6.5%	$3K	$0	$20K	View
53	🇩🇰Denmark	$153K	150%	$2K	$0	$20K	View
54	🇧🇷Brazil	$74K	35%	$3K	$0	$20K	View
55	🇭🇰Hong Kong	$105K	115%	$2K	$0	$24K	View
56	🇸🇬Singapore	$75K	41%	$3K	$0	$28K	View