2024 head-to-head · Small SUV

2024 Ford Mustang Mach-E vs Hyundai Ioniq 5

MPG, range and what each one really costs you to fuel, from official EPA ratings and recalculated with your own gas and electricity prices.

Swap sides
✓ Cheaper to run
$859/ year to fuel
106 MPGe
✓ Cheaper to run
$810/ year to fuel
114 MPGe

On fuel costs these two are nearly tied. Driving 15,000 miles a year with 18¢/kWh electricity, the most efficient 2024 Ford Mustang Mach-E (106 MPGe) costs about $859 a year to fuel and the 2024 Hyundai Ioniq 5 (114 MPGe) about $810.

Your numbers

Change these to match your driving and local prices. Every figure and chart on this page updates.

Fuel cost over 10 years

  • Ford Mustang Mach-E
  • Hyundai Ioniq 5

Side by side

Ford Mustang Mach-EHyundai Ioniq 5
$859 Your annual fuel cost $810
106 MPGe Combined efficiency 114 MPGe
111 MPGe City 132 MPGe
100 MPGe Highway 98 MPGe
31.8 kWh Electricity use (kWh/100 mi) 30 kWh
320 mi Driving range 303 mi
0 g/mi Tailpipe CO₂ (g/mi) 0 g/mi
10/10 EPA fuel economy score 10/10
10/10 EPA greenhouse gas score 10/10
10.1 hrs Charge time at 240V 8.5 hrs
Electric Powertrain Electric
Electricity Fuel Electricity
Electric motor (216 kW) Engine / motor Electric motor (168 kW)
Single-speed Transmission Single-speed
RWD Drivetrain RWD

✓ marks the better value. EPA scores run 1–10 (10 is best). Volumes come from the EPA interior volume index and aren't published for every body style.

Ford Mustang Mach-E vs Hyundai Ioniq 5 across model years

  • Ford Mustang Mach-E
  • Hyundai Ioniq 5

Annual fuel cost of the most efficient configuration of each model year, at your prices. Click a point to open that year.

How they differ

The Ford Mustang Mach-E goes farther between stops: about 320 miles on a charge, compared with 303 miles for the Hyundai Ioniq 5.

Among 119 2024 small SUVs, the Ford Mustang Mach-E ranks 14th and the Hyundai Ioniq 5 8th for lowest fuel cost.

Frequently asked questions

Which is more fuel-efficient, the 2024 Ford Mustang Mach-E or the 2024 Hyundai Ioniq 5?

Measured by cost to drive, the Hyundai Ioniq 5. The Ford Mustang Mach-E is rated 106 MPGe combined and the Hyundai Ioniq 5 114 MPGe (EPA, most efficient configuration of each).

How much does it cost to fuel the 2024 Ford Mustang Mach-E vs. the Hyundai Ioniq 5 per year?

At 15,000 miles a year with 18¢/kWh electricity, about $859 for the Ford Mustang Mach-E and $810 for the Hyundai Ioniq 5.

Which has more range?

The Ford Mustang Mach-E: about 320 miles versus 303 miles.

Ford Mustang Mach-E vs Hyundai Ioniq 5 in other years

More 2024 comparisons

Or compare the 2024 Ford Mustang Mach-E with anything else:

Keep exploring