Electric vs Hybrid vs Gas: Which is CHEAPEST to Operate?

In this video, I discuss the operating costs of the 2023 Hyundai Ioniq 5 while using level 1, 120V charging over the course of a week. I compare these costs to those of my personal gas-powered vehicle and a popular hybrid model currently available. The video aims to determine whether electricity is truly more cost-effective to operate or if the hybrid is a better choice. It is important to note that these costs can vary based on a number of factors such as maintenance, which is not addressed in the video. It should be used as a reference rather than a definitive rule of thumb, and viewers are encouraged to input their own actual costs into the formula to determine which option may be best for them.