Hyundai Ioniq 5 vs Hyundai Tucson: Running Costs UK 2026
Last updated: July 2026 · Based on current UK fuel prices
Running a Hyundai Ioniq 5 in the UK costs approximately 7.5p per mile on home electricity, compared to 17.4p per mile for the Hyundai Tucson on petrol. At 10,000 miles per year with 80% home charging, the Hyundai Ioniq 5 saves approximately £697 per year in fuel costs — breaking even on the higher purchase price in around 11.5 years.
At 10,000 miles/yr · 80% home charging
+£697/yr
The Hyundai Ioniq 5 saves you approximately £697 per year in fuel costs.
Break-even on the higher purchase price: ~11.5 years
Hyundai Tucson fuel cost
17.4p/mile
40 MPG · 153.5p/litre
Hyundai Ioniq 5 (home tariff)
7.5p/mile
3.5 mi/kWh · 26.1p/kWh
Annual fuel cost comparison
The table below uses real-world efficiency figures for both vehicles and current UK fuel prices. EV costs assume 80% home charging (26.1p/kWh) and 20% public rapid charging (79p/kWh).
| Miles/yr | Hyundai Tucson | Hyundai Ioniq 5 | EV saves |
|---|---|---|---|
| 8,000 | £1,396 | £838 | +£557 |
| 10,000(avg) | £1,745 | £1,048 | +£697 |
| 12,000 | £2,093 | £1,258 | +£836 |
| 15,000 | £2,617 | £1,572 | +£1,045 |
| 20,000 | £3,489 | £2,096 | +£1,393 |
Petrol: 153.5p/litre · Home electricity: 26.1p/kWh · Public rapid: 79p/kWh
Hyundai Ioniq 5 cost by charging scenario
Charging behaviour has more impact on EV running costs than almost any other variable. Here's how the Hyundai Ioniq 5 compares at 10,000 miles per year across four scenarios:
Overnight EV tariff
£200/yr · 2.0p/mile
Standard home (80% home)
£1,048/yr · 10.5p/mile
Mixed (50% home)
£1,501/yr · 15.0p/mile
Public charging only
£2,257/yr · 22.6p/mile
Saving vs Hyundai Tucson at 10,000 mi/yr and 153.5p/litre.
Key specs
Hyundai Ioniq 5
73kWh RWD
Hyundai Tucson
1.6 T-GDi HEV SE Connect
Get a personalised result for your actual mileage
The figures above use national average fuel prices. Enter your postcode to get live local prices, or adjust the MPG and efficiency for your specific trim level.
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Frequently asked questions
How much does a Hyundai Ioniq 5 cost to run per mile in the UK?
At a standard UK home electricity rate of 26.1p/kWh (the Ofgem price cap unit rate for July–September 2026) and a real-world efficiency of 3.5 miles/kWh, the Hyundai Ioniq 5 costs approximately 7.5p per mile when charging at home. On a dedicated overnight EV tariff (around 7p/kWh) this falls to just 2.0p per mile. Relying entirely on public rapid charging — which averaged 79p/kWh in mid-2026 — raises the cost to 22.6p per mile.
Is the Hyundai Ioniq 5 cheaper to run than the Hyundai Tucson?
Yes, for most UK drivers who can charge at home. The Hyundai Tucson costs approximately 17.4p per mile in petrol at current UK prices. At home on a standard tariff, the Hyundai Ioniq 5 costs 7.5p per mile — a saving of 10.0p per mile. At 10,000 miles per year with 80% home charging, the Hyundai Ioniq 5 saves around £697 per year in fuel costs.
How long to break even switching from a Hyundai Tucson to a Hyundai Ioniq 5?
Based on an estimated price premium of £8,000 for the Hyundai Ioniq 5 over the Hyundai Tucson, and annual fuel savings of approximately £697 at 10,000 miles per year (80% home charging), the break-even point is around 11.5 years. Drivers covering more miles will reach break-even sooner — at 15,000 miles per year the saving is proportionally larger.
What if I can't charge the Hyundai Ioniq 5 at home?
Without home charging, the economics change significantly. Relying on public rapid charging — which averaged 79p/kWh in mid-2026, up sharply from a couple of years ago — puts the Hyundai Ioniq 5 at 22.6p per mile — higher than the Hyundai Tucson at 17.4p per mile. EV running cost savings are almost entirely dependent on home charging access. Drivers without off-street parking should factor this in carefully.