Last updated: February 25, 2024.
How much does it cost to charge a Hyundai Ioniq Electric in 2024 & how long does it take? Find out here, & see the cost per mile. Also, save 50% on your charging costs with this tip.
Below, you’ll find the Hyundai Ioniq Electric charging cost, cost per mile, a calculator to work out your own costs, and 6 simple tips to reduce your costs. You’ll also find the Hyundai Ioniq Electric charging time.
Spoilers:
- Hyundai Ioniq Electric charging cost: $5.75 ($4.60 for an 80% charge).
- It costs $0.0375 per mile to drive the Hyundai Ioniq Electric.
- It takes 6 hours and 5 minutes to fully charge the Hyundai Ioniq Electric at home.
Continue reading to see how the Hyundai Ioniq Electric charging and running costs compare to the average for EVs.
Key specs:
- Hyundai Ioniq Electric battery capacity: 38.3 kWh.
- Power consumption: 25 kWh/100 miles.
How much does it cost to charge a Hyundai Ioniq Electric?
It costs $5.75 to fully charge a Hyundai Ioniq Electric.
Charging a Hyundai Ioniq Electric to 80% of its battery capacity costs $4.60.
This is based on the average US cost per kWh in 2024 (i.e. $0.15).
With a power consumption rate of 25 kWh per 100 miles, according to fueleconomy.gov, it costs less than 4 cents per mile to run the Hyundai Ioniq Electric.
It costs $375 to travel 10,000 miles in a Hyundai Ioniq Electric.
The table below summarises the Hyundai Ioniq Electric charging costs.
Cost per 80% charge | Cost per full charge | Cost per mile | Cost per 10,000 miles |
$4.60 | $5.75 | $0.0375 | $375 |
But how do these costs compare with other electric vehicles?
The Hyundai Ioniq Electric’s battery capacity is 11% smaller than average for EVs (38.3 kWh compared to the average of 43 kWh).
As a result, the cost per charge is lower for the Hyundai Ioniq Electric. The average cost to fully charge an electric car, at $0.15 per kWh, is $6.45. That’s $0.70 more than the Hyundai Ioniq Electric.
Next let’s take a look at the cost per mile.
EVs consume, on average, 34.6 kWh per 100 miles. That’s 28% more than the Hyundai Ioniq Electric’s 25 kWh/100 mi.
As a result, it’s cheaper than average to run a Hyundai Ioniq Electric.
The electricity cost per mile for the Hyundai Ioniq Electric is $0.0144 less than average. The cost difference per 10,000 miles works out to $144 less than average.
Get more details about the average cost of charging an electric car, here.
Your charging costs will be different if you don’t pay $0.15 per kWh. To easily work out your own charging costs, simply use the calculator below.
Hyundai Ioniq Electric charging cost calculator
See your cost to charge and run a Hyundai Ioniq Electric by completing the fields in the calculator below.
Now that we know how much it costs to charge the Hyundai Ioniq Electric, let’s take a look at how long the charging time is.
Hyundai Ioniq Electric charging time
It takes 6 hours and 5 minutes to fully charge the Hyundai Ioniq Electric at home.
This assumes that you have a 220/240V outlet. If you have a standard 120V outlet the charge time will be longer.
It can take just 54 minutes to charge the Hyundai Ioniq Electric to 80% of its capacity at a charging station, using a 100 kW fast charger. It’ll take approx. 75 minutes to charge to 80% using a 50 kW fast charger.
Source: Hyundai
Find out how the Hyundai Ioniq charging time compares with hundreds of other electric cars, visit: 264 Electric Car Charge Times [Fastest Revealed].
How to reduce the cost of charging your Hyundai Ioniq Electric
I detailed 6 simple tips to reduce the cost of charging your electric car at home, here.
A key tip, to save 50% on your charging costs, is to charge at night, if you have a night saver tariff. If you don’t, consider getting in touch with your energy provider for more information.
Night saver tariffs offer considerable discounts on the price you pay per kWh during off-peak hours.
To help ensure that you only avail of the discounted rates, simple socket timers or Smart Plugs can help automate your charging.
Many Level 2 charging stations also offer automation functionality, while also enabling faster home charging. The ChargePoint Home Flex Electric Vehicle (EV) Charger is an efficient, Energy Star certified, home charging station that can do this.
5 more cost saving tips can be found here: The Cost Of Charging An Electric Car At Home Revealed.
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James, Eco Cost Savings co-founder and Editor-in-Chief, is also our experienced in-house energy management and sustainability expert, and manager of our network of sustainability consultants.
Before his journey into sustainability, James studied engineering. Additionally, he has experience in HVAC installation, and data analysis. A self-proclaimed practical environmentalist, and avid penny pincher, James established Eco Cost Savings to share his and his colleague’s expertise with the aim of helping to reduce energy bills and carbon footprints at scale.