2027 Hyundai IONIQ 5 prices revealed, starting at $35,000
Hyundai has announced the prices for the 2027 IONIQ 5, with the base model starting at $35,250. The prices are a slight increase from the current model, but the IONIQ 5 remains one of the most affordable EVs in the US.
The 2027 Hyundai IONIQ 5 will remain among the most affordable electric vehicles in the US, with prices starting at $35,000.
## 2027 Hyundai IONIQ 5 Prices and Range
The 2027 Hyundai IONIQ 5 will be available in several trims, each with its own price and range. Here is a comparison of the prices and ranges for the different trims:
| Trim | Price | Range | | --- | --- | --- | | SE Standard Range | $35,250 | up to 245 miles | | SE RWD | $37,750 | up to 318 miles | | SEL | $40,200 | - | | XRT | $46,525 | - | | Limited | $49,125 | - |
The base 2027 Hyundai IONIQ 5 SE Standard Range model has an EPA-estimated driving range of up to 245 miles, while the extended-range SE RWD adds $2,500 and has up to 318 miles of range. The prices for the SEL, XRT, and Limited trims are also available, with the XRT getting a $250 price hike and the Limited trim being $150 more.
## Comparison to the Competition
The 2027 Hyundai IONIQ 5 is still more affordable than the Tesla Model Y, which starts at $39,990 for the RWD and has up to 321 miles of range. The IONIQ 5 SE RWD, with up to 318 miles of range, is still about $2,000 less than the Tesla Model Y.
The IONIQ 5 was the third best-selling EV in the US in the first half of 2026, behind the Tesla Model Y and Model 3. It is also comparable in price to other competitive models like the 2027 Toyota bZ and Chevy Equinox EV.
## Changes for the 2027 Model
The 2027 Hyundai IONIQ 5 is a carryover model, with not much changing from the previous year. However, roof rails will be available across all trims and standard on SEL models and above, rather than just the XRT and Limited. Hyundai HomeLink will be exclusive to Limited trims, while the Cargo Cover will only be offered as an additional accessory.
Outside of that, Hyundai is dropping the Gravity Gold Matte and Sage Silver Matte colors for the 2027 model.
## Conclusion
The 2027 Hyundai IONIQ 5 will remain one of the most affordable EVs in the US, with prices starting at $35,000. While the prices are a slight increase from the current model, the IONIQ 5 remains a competitive option in the EV market.
