SUV comparison

Hyundai Ioniq 5 vs Ford F-150

Which costs less to own over 5 years? Compare purchase price, fuel, maintenance, insurance, and depreciation — then customize with your own numbers.

Hyundai Ioniq 5 vs Ford F-150: Quick Verdict

Based on average driving (12,000 miles/year), the Hyundai Ioniq 5 saves approximately $3,452 over 5 years compared to the Ford F-150. Lower charging costs and reduced maintenance offset the EV's higher purchase price.

Hyundai Ioniq 5

$41,800

purchase price

Ford F-150

$38,355

purchase price

EV saves

$3,452

over 5 years

Customize your mileage, gas price, and electricity rate below to get a personalized comparison.

Your Numbers

Adjust the inputs to match your situation. Results update instantly.

Average American drives ~13,500 miles/year

Charge at home overnight — cheapest option

⚠️ It depends — the difference is smallmedium confidence

Too Close to Call

EV saves you

$3,452

over 5 years

EV saves per month

$166

fuel + maintenance

Operating cost payback

3.4 years

within ownership

Best case (Home charging): EV saves $3,452
Worst case (Public charging only): EV costs $1,246

The difference between the Hyundai Ioniq 5 and Ford F-150 is small — only $3,452 over 5 years.

These vehicles are in different classes. The comparison is still valid but keep the size/class difference in mind.

EV saves you

$3,452

over 5 years (all-in)

EV saves per month

$166

fuel + maintenance

Operating cost payback

3.4 years

achievable within ownership

Vehicles compared

Ioniq 5 · F-150 · RAV4 Hybrid

EV · Gas · Hybrid

Full Cost Breakdown

Hyundai Ioniq 5

Electric

Purchase Price$41,800
Monthly Fuel$38
Annual Fuel$452
Total Fuel$2,262
Total Maintenance$2,750
Total Insurance$9,750
Resale Value$22,990
Total Cost of Ownership$33,572

Ford F-150

Gas

Purchase Price$38,355
Monthly Fuel$146
Annual Fuel$1,750
Total Fuel$8,750
Total Maintenance$6,000
Total Insurance$10,000
Resale Value$26,081
Total Cost of Ownership$37,024

Toyota RAV4 Hybrid

Hybrid

Best
Purchase Price$35,385
Monthly Fuel$88
Annual Fuel$1,050
Total Fuel$5,250
Total Maintenance$5,000
Total Insurance$9,250
Resale Value$24,062
Total Cost of Ownership$30,823

Cost Over 5 Years

Year 1RAV4 Hybrid leads
Ioniq 5
$7,663
F-150
$7,797
RAV4 Hybrid
$6,527
Year 2RAV4 Hybrid leads
Ioniq 5
$14,795
F-150
$15,383
RAV4 Hybrid
$12,858
Year 3RAV4 Hybrid leads
Ioniq 5
$21,456
F-150
$22,773
RAV4 Hybrid
$19,010
Year 4RAV4 Hybrid leads
Ioniq 5
$27,700
F-150
$29,982
RAV4 Hybrid
$24,994
Year 5RAV4 Hybrid leads
Ioniq 5
$33,572
F-150
$37,024
RAV4 Hybrid
$30,823
Hyundai Ioniq 5 (EV)Ford F-150 (GAS)Toyota RAV4 Hybrid (HYBRID)

Why This Result

At your inputs, neither option has a decisive cost advantage. Small changes in gas prices, electricity rates, or driving habits could tip the balance either way. The Toyota RAV4 Hybrid may offer a good compromise between cost and efficiency.

Fuel vs Charging

Charging the Ioniq 5 costs about $452/year vs $1750/year for gas in the F-150. That's $1298/year in fuel savings alone.

Maintenance

EVs have fewer moving parts — no oil changes, less brake wear, no transmission fluid. The Ioniq 5 saves roughly $3250 in maintenance over the ownership period.

Depreciation & Resale

The F-150 holds 68% of its value vs 55% for the Ioniq 5. Purchase price and resale value are often the largest factors in total cost of ownership.

Insurance

EV insurance tends to run higher due to specialized repair costs. We've included $1,950/year for the Ioniq 5 vs $2,000/year for the F-150 in the total comparison.

Share Your Result

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EV vs Gas is a close call for me — only $3,452 difference over 5 years. Check yours → isevworthit.com

About the Hyundai Ioniq 5

The Hyundai Ioniq 5 is a fully electric suv with an efficiency of 0.29 kWh per mile. Priced at $41,800, it costs around $550/year to maintain and $1,950/year to insure.

About the Ford F-150

The Ford F-150 is a gas-powered suv achieving 24 MPG. Priced at $38,355, it costs around $1,200/year to maintain and $2,000/year to insure. Note that these vehicles are in different classes — keep size and use-case differences in mind.

How We Calculate Total Cost

Total cost of ownership includes purchase price, fuel or charging costs over your ownership period, annual maintenance, annual insurance, minus estimated resale value based on depreciation. This gives you the true all-in cost of each vehicle — not just the sticker price.

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