Skip to main content

Hyundai’s all-electric lineup has grown in recent years to include the Ioniq 6 sedan, the Kona EV subcompact SUV, and the Nexo fuel cell EV, but leading the charge overall is the Ioniq 5, which made its debut for the 2022 model year. The Ioniq 5, which shares much of its underpinnings with the Kia EV6, has proved to be a popular compact all-electric SUV among consumers and has been heralded by automatic critics since arriving on the EV scene.

So, how much can car shoppers expect to pay for a new Ioniq 5, from the base version to a fully loaded top trim model? Here’s how much a 2024 Hyundai Ioniq 5 costs. 

The 2024 Hyundai Ioniq 5 SE Standard Range entry-level trim

The 2024 Hyundai Ioniq 5 is mostly a carryover model, though it does receive a few minor equipment updates. A digital rearview mirror is now standard in the Limited model, and a Wi-Fi hotspot, rear side airbags, rear outboard seat belt tensioners, and steering wheel haptic feedback for some advanced safety systems, like lane-keep assist, are now standard across the range. 

The 2024 Ioniq 5 is available in four trim levels – SE Standard Range, SE, SEL, and Limited – with prices starting at $41,650 MSRP. 

The SE Standard Range is powered by a single electric motor driving the rear wheels, producing 168 horsepower and 258 lb-ft of torque. It’s rated for a range of 220 miles on a single charge. The Ioniq 5’s battery pack can be recharged from 10 to 80% in just 18 minutes at 250-kW, and fast charging capability up to 350-kW).

The SE Standard Range features keyless entry with push-button start, a power-adjustable driver’s seat, heated front seats, cloth upholstery, dual-zone automatic climate control, and a six-speaker sound system. Exterior highlights include 19-inch alloy wheels, a battery heating system, and LED headlights. 

The base model sports a 12.3-inch touchscreen, a 12.3-inch digital instrument cluster, navigation, and Apple CarPlay and Android Auto connectivity. 

The Ioniq 5 also features a long list of standard driver aids. That includes automatic forward emergency braking, blind-spot warning with rear cross-traffic alert, blind-spot intervention, a lane-keeping system, intersection collision mitigation, and adaptive cruise control. 

The SE model, which starts at $45,700, features the same amenities with a larger battery pack and motor. Range is increased to 303 miles for rear-wheel drive SE models, and output jumps to 225 horsepower. All-wheel drive with dual electric motors is optional, beginning with the SE trim. 

What’s included in the 2024 Hyundai Ioniq 5 Limited?

The 2024 Hyundai Ioniq 5 Limited tops the range, starting at $53,350 MSRP. The Limited model is available with RWD or AWD with dual motors. 

The Ioniq 5 Limited also features plenty of added kit from the SE and SEL models, like a hands-free liftgate, synthetic leather upholstery, wireless charging, Hyundai’s Highway Driving Assist 2 adaptive cruise control, and a heated steering wheel. Additionally, the Limited features a panoramic sunroof, driver’s seat memory setting, ventilated front seats, a sliding center console, rear-side window sunshades, a Bose audio system, and a two-way charging system that can be used to power other electric items

The Limited trim also sports a larger suite of active safety features, including an automated parking system, a 360-degree camera view, rear automatic braking, a head-up display, and a blind-spot camera. 

Accessories and add-ons for the Ioniq 5 EV

Pricing out a 2024 Hyundai Ioniq 5 is simplistic, as no optional packages are offered. Still, buyers can choose from a selection of accessories like all-season floor liners ($220), a cargo net ($55), alloy door sills ($180), and more. The SEL and Limited models also have a wider selection of exterior paint hues like Shooting Star Matte ($1,000) or Gravity Gold Matte ($1,000). 

Opting for all-wheel drive in either the SE or SEL model adds $3,500. AWD for the Limited model rings in at $3,900. 

A fully loaded 2024 Hyundai Ioniq 5 Limited with all-wheel drive, optional exterior paint, and all available accessories carries an MSRP of $61,210 with destination.