EV True Cost

Hyundai Ioniq 5 vs Chevrolet Equinox EV: cost to own in Kansas

Electricity & gas updated · Kansas averages (estimates)

Over five years in Kansas, the 2026 Hyundai Ioniq 5 costs about $48,264 to own versus $43,044 for the Chevrolet Equinox EV — a gap of roughly $5,200 in the Chevrolet Equinox EV's favor. The biggest swing is depreciation ($25,945 vs $20,997); on energy, the Ioniq 5 is rated 31 kWh/100mi against the Equinox EV's 29. Both use Kansas's average electricity rate here — open either model's Kansas page for the full calculator and your utility's time-of-use plan.

Over 5 years in Kansas, the Chevrolet Equinox EV costs about $5,200 less to own.

Hyundai Ioniq 5

$48,300

5-yr cost to own · $9,650/yr

Chevrolet Equinox EV

$43,000

5-yr cost to own · $8,610/yr

5-year cost breakdown

5-year cost Hyundai Ioniq 5 Chevrolet Equinox EV
Depreciation (5 yr) $25,945 $20,997
Energy (5 yr) $4,219 $3,947
Insurance (5 yr) $14,850 $14,850
Maintenance (5 yr) $2,750 $2,750
Registration (5 yr) $500 $500
Incentives − $0 − $0
5-year total cost to own $48,264 $43,044

Frequently asked questions

Is the Ioniq 5 or the Equinox EV cheaper to own in Kansas?
Over five years the Chevrolet Equinox EV is cheaper — about $43,044 versus $48,264 for the Ioniq 5, a difference of roughly $5,200 once depreciation, energy, insurance, maintenance, and fees are counted.
Which is more efficient, the Ioniq 5 or the Equinox EV?
The Ioniq 5 is rated 31 kWh/100mi and the Equinox EV 29 kWh/100mi (lower is better), so annual charging runs about $844 vs $789 at Kansas rates.
How accurate is this Ioniq 5 vs Equinox EV comparison?
Electricity prices come from EIA data refreshed monthly; depreciation, insurance, and incentives are estimates you can edit on each model's state page. Treat it as a ballpark for comparison, not a quote.

Ioniq 5 vs Equinox EV in other states

Other comparisons in Kansas