Honda HR-V vs Kia Niro: cost to own

Verdict, over 6 years

The Kia Niro costs about $8,137 less

That's $113 a month. Closest matching trims: same fuel and drive where possible.

HR-V LX 2WD$1,012/moTrue cost

Niro LX✓ $899/moTrue cost

2027 Honda HR-V

Closest matching trim: HR-V LX 2WD

Sticker (MSRP)$30,800

+$7,567→↓Freight, fees, HST

Drive away$38,367

+ running costs→↓− $18,999 resale

True cost$1,012/moA month to own, after resale

2026 Kia Niro

Closest matching trim: Niro LX

Sticker (MSRP)$30,845

+$7,259→↓Freight, fees, HST

Drive away$38,104

+ running costs→↓− $14,416 resale

True cost$899/moA month to own, after resale

Line by line


Price
Sticker (MSRP)	✓ $30,800	$30,845	HR-V by $45
Freight and fees, before tax	$3,153	✓ $2,875	Niro by $278
Sales tax (HST)	$4,414	✓ $4,384	Niro by $30
Drive-away price	$38,367	✓ $38,104	Niro by $263
Running costs, 6 years
Fuel or charging	$13,894	✓ $7,366	Niro by $6,528
Insurance (estimate)	$16,497	✓ $12,274	Niro by $4,223
Maintenance (estimate)	$7,853	✓ $6,254	Niro by $1,599
Loan rate	6.5%	6.5%	—
Loan interest	$7,018	✓ $6,962	Niro by $56
Lost return on your money	$8,138	✓ $8,087	Niro by $51
Resale after 6 yrs	✓ −$18,999	−$14,416	HR-V by $4,583
Total
True cost	$72,858	✓ $64,721	Niro by $8,137
True cost a month	$1,012/mo	✓ $899/mo	Niro by $113
You pay each month	$1,093/mo	✓ $917/mo	Niro by $176
Practical
Fuel type	Gas	Hybrid	—
Seats	5	5	—
Carry-ons, 2 people	6	5	—
Cargo behind row 2, litres	✓ 691	646	—
Length	4.57 m	4.42 m	—
Ground clearance	✓ 18 cm	16 cm	—
Resale % after 6 yrs	✓ 62%	47%	—
US crash test	✓ 5★	4★	—
European crash test	—	✓ 4★ (2022); 5★ with pack	—

Price

Sticker (MSRP)

HR-V LX 2WD ✓ $30,800Niro LX $30,845Cheaper by HR-V by $45

Freight and fees, before tax

HR-V LX 2WD $3,153Niro LX ✓ $2,875Cheaper by Niro by $278

Sales tax (HST)

HR-V LX 2WD $4,414Niro LX ✓ $4,384Cheaper by Niro by $30

Drive-away price

HR-V LX 2WD $38,367Niro LX ✓ $38,104Cheaper by Niro by $263

Running costs, 6 years

Fuel or charging

HR-V LX 2WD $13,894Niro LX ✓ $7,366Cheaper by Niro by $6,528

Insurance (estimate)

HR-V LX 2WD $16,497Niro LX ✓ $12,274Cheaper by Niro by $4,223

Maintenance (estimate)

HR-V LX 2WD $7,853Niro LX ✓ $6,254Cheaper by Niro by $1,599

Loan rate

HR-V LX 2WD 6.5%Niro LX 6.5%Cheaper by —

Loan interest

HR-V LX 2WD $7,018Niro LX ✓ $6,962Cheaper by Niro by $56

Lost return on your money

HR-V LX 2WD $8,138Niro LX ✓ $8,087Cheaper by Niro by $51

Resale after 6 yrs

HR-V LX 2WD ✓ −$18,999Niro LX −$14,416Cheaper by HR-V by $4,583

Total

True cost

HR-V LX 2WD $72,858Niro LX ✓ $64,721Cheaper by Niro by $8,137

True cost a month

HR-V LX 2WD $1,012/moNiro LX ✓ $899/moCheaper by Niro by $113

You pay each month

HR-V LX 2WD $1,093/moNiro LX ✓ $917/moCheaper by Niro by $176

Practical

Fuel type

HR-V LX 2WD GasNiro LX HybridCheaper by —

Seats

HR-V LX 2WD 5Niro LX 5Cheaper by —

Carry-ons, 2 people

HR-V LX 2WD 6Niro LX 5Cheaper by —

Cargo behind row 2, litres

HR-V LX 2WD ✓ 691Niro LX 646Cheaper by —

Length

HR-V LX 2WD 4.57 mNiro LX 4.42 mCheaper by —

Ground clearance

HR-V LX 2WD ✓ 18 cmNiro LX 16 cmCheaper by —

Resale % after 6 yrs

HR-V LX 2WD ✓ 62%Niro LX 47%Cheaper by —

US crash test

HR-V LX 2WD ✓ 5★Niro LX 4★Cheaper by —

European crash test

HR-V LX 2WD —Niro LX ✓ 4★ (2022); 5★ with packCheaper by —

✓ marks the better figure. Resale for both is from their own used prices (unless you lease). These trims differ in fuel (gas vs hybrid), which drives part of the gap. Their stickers differ by $45.