OwnRate

Hyundai Ioniq 5 vs Hyundai Tucson (gas): running cost

The Hyundai Ioniq 5 is the cheaper of the two to run, at $800/year in electricity versus $2,200 for the Hyundai Tucson (gas) (EPA estimate). That's about $1,400 a year, or $7,000 over five years, on fuel alone. Per mile it's 6¢ vs 12¢. Full side-by-side below.

Source: EPA / DOE FuelEconomy.gov vehicle data. Data as of June 2026.

Hyundai Ioniq 5 vs Hyundai Tucson (gas) side by side

Running-cost comparison. Source: EPA / DOE FuelEconomy.gov vehicle data, 2023–2027 model years. 5-year cost-to-own includes documented (non-EPA) assumptions — see methodology.
MetricHyundai Ioniq 5Hyundai Tucson (gas)
PowertrainElectric (EV)Gas
Model year20262026
Efficiency98 MPGe28 MPG
EPA annual fuel cost$800$2,200
Cost to drive 1,000 mi$61$121
Cost per mile12¢
5-year fuel (EPA)$4,000$11,000
Tailpipe CO20 g/mi322 g/mi
Est. 5-year cost to own$35,920$40,200

What the numbers mean

The fuel/energy figures above are EPA data and are directly comparable. The Hyundai Ioniq 5's lower running cost adds up to roughly $7,000 over five years — money that can offset a higher purchase price. Whether that makes it the better buy depends on what each costs up front, how many miles you drive, and your local fuel and electricity prices. Model your own scenario with the EV-vs-gas calculator or the cost-to-own calculator.

Frequently asked questions

Is the Hyundai Ioniq 5 or the Hyundai Tucson (gas) cheaper to run?

On EPA estimated annual fuel cost, the Hyundai Ioniq 5 is cheaper to run at $800/yr versus $2,200 for the Hyundai Tucson (gas) — a saving of about $1,400 a year, or $7,000 over five years on fuel alone.

Hyundai Ioniq 5 vs Hyundai Tucson (gas): which has lower running cost per mile?

The Hyundai Ioniq 5 costs about 6¢ per mile to fuel/charge at June 2026 prices, versus 12¢ for the Hyundai Tucson (gas). Cost per mile is driven by efficiency and the price of gasoline vs electricity.

Does the cheaper-to-run model also cost less to own?

OwnRate's 5-year cost-to-own estimate is $35,920 for the Hyundai Ioniq 5 and $40,200 for the Hyundai Tucson (gas). Note these include illustrative depreciation, insurance and maintenance assumptions, not just fuel — so the cheapest to fuel isn't always the cheapest to own. See the methodology.

Hyundai Ioniq 5 vs Hyundai Tucson (gas): which is better for the environment?

The electric option has zero tailpipe CO2, though upstream electricity generation still has emissions that vary by grid. Lower fuel use generally means lower emissions.

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Last updated: 2026-06-20