2024 Hyundai Ioniq 5 Long Range RWD Fuel Economy: The Full Story

114 combined MPG. That’s the headline number for the 2024 Hyundai Ioniq 5 Long Range RWD, and it immediately signals that this isn’t your average hatchback. We’re talking about an all-electric vehicle here, and that combined MPG figure is actually an MPGe—miles per gallon equivalent. It represents the equivalent energy consumption compared to a gasoline-powered car. The Ioniq 5 delivers the space and versatility of a small SUV with shockingly low running costs, making it attractive to families and commuters alike.

City and highway performance

The EPA breaks down the Ioniq 5’s efficiency further with ratings of 132 MPGe in the city and 98 MPGe on the highway. The higher city rating makes sense, as electric vehicles tend to thrive in stop-and-go traffic where regenerative braking can recapture energy and boost efficiency. Highway driving, with its higher speeds and less regenerative braking, typically results in lower MPGe figures. However, both ratings are excellent, demonstrating the Ioniq 5’s consistent efficiency in diverse driving conditions. These numbers are especially appealing to urban dwellers who spend a significant portion of their time navigating city streets.

Annual fuel cost

Perhaps the most interesting statistic is the EPA’s estimated annual fuel cost of just $700. Only $700 to power your vehicle for 15,000 miles. This figure is based on the EPA’s standard calculation of driving 15,000 miles per year and using national average electricity prices. If you primarily charge your vehicle at home using off-peak electricity rates, you could potentially lower this yearly cost even further. For budget-conscious buyers who are tired of fluctuating gas prices, this level of cost certainty is a major selling point. Drivers without access to reliable home charging may face higher annual “fuel” costs due to the potentially more expensive rates at public charging stations.

Real-world expectations

While the EPA numbers provide a solid benchmark, real-world energy consumption can vary based on driving habits, weather conditions, and terrain. Aggressive acceleration and high speeds will drain the battery faster than gentle cruising. Cold temperatures can also negatively impact range, as the battery needs energy to maintain its optimal operating temperature. Ioniq 5 owners generally report achieving close to the EPA estimates, and the long range model offers a substantial safety net for longer trips.

How it compares

The Hyundai Ioniq 5 competes in a crowded electric SUV segment, and its MPGe figures stack up well against the competition. The Tesla Model Y Long Range boasts an EPA-estimated 122 MPGe combined, giving it a slight edge in efficiency, although the Ioniq 5’s price point may be more attractive to some buyers. The Kia EV6, sharing its platform with the Ioniq 5, achieves a similar 117 MPGe combined. The Ford Mustang Mach-E California Route 1 achieves 105 MPGe combined. For buyers who also consider plug-in hybrids, the Toyota RAV4 Prime delivers 94 MPGe along with the flexibility of gasoline backup. The Ioniq 5’s strong efficiency figures, combined with its unique styling and advanced technology, make it a strong choice for EV shoppers. Check out all Hyundai fuel economy data to put this number in perspective.

Tips to maximize efficiency

Use regenerative braking to its fullest potential. The Ioniq 5 offers adjustable regenerative braking levels, including a one-pedal driving mode, which allows you to slow down the vehicle by simply lifting off the accelerator. Experiment with the different levels to find the setting that best suits your driving style and maximizes energy recapture.

Precondition the battery pack before driving, especially in cold weather. Use the Hyundai Bluelink app to remotely heat up the battery while the car is still plugged in. This warms the battery to its optimal operating temperature, improving efficiency and range during your drive.

Drive smoothly and avoid aggressive acceleration. Jackrabbit starts and hard braking consume significantly more energy than gradual acceleration and smooth deceleration. Anticipate traffic flow and maintain a steady speed whenever possible.

Optimize your tire pressure. Ensure that your tires are properly inflated to the recommended pressure listed on the driver’s side doorjamb. Underinflated tires increase rolling resistance, which reduces efficiency. Consider using low-rolling-resistance tires when it’s time for replacement.

Reduce your highway speed when practical. Aerodynamic drag increases exponentially with speed, so even a slight reduction in your highway speed can have a noticeably positive impact on your range. Consider driving 5-10 mph slower than the speed limit on longer trips to significantly improve efficiency. For more on Hyundai’s electric lineup, explore IONIQ MPG across all years.