EV True Cost

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

Electricity & gas updated · Nebraska averages (estimates)

Over five years in Nebraska, the 2026 Hyundai Ioniq 5 costs about $45,616 to own versus $40,423 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 Nebraska's average electricity rate here — open either model's Nebraska page for the full calculator and your utility's time-of-use plan.

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

Hyundai Ioniq 5

$45,600

5-yr cost to own · $9,120/yr

Chevrolet Equinox EV

$40,400

5-yr cost to own · $8,080/yr

5-year cost breakdown

5-year cost Hyundai Ioniq 5 Chevrolet Equinox EV
Depreciation (5 yr) $25,945 $20,997
Energy (5 yr) $3,796 $3,551
Insurance (5 yr) $12,750 $12,750
Maintenance (5 yr) $2,750 $2,750
Registration (5 yr) $375 $375
Incentives − $0 − $0
5-year total cost to own $45,616 $40,423

Frequently asked questions

Is the Ioniq 5 or the Equinox EV cheaper to own in Nebraska?
Over five years the Chevrolet Equinox EV is cheaper — about $40,423 versus $45,616 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 $759 vs $710 at Nebraska 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.

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