Looking for a stylish, feature-packed SUV that won’t break the bank? Mazda’s 2026 CX-5 might just be the steal of the year. Despite a sleek redesign, fresh color options, and a host of upgrades, this compact SUV remains one of the most affordable choices in its class—even as a brand-new generation hits the market. But here’s where it gets controversial: while Mazda has managed to keep prices surprisingly low, some critics argue that the lack of a hybrid option (at least for now) could be a deal-breaker for eco-conscious buyers. Let’s dive in and see if the CX-5 still deserves its bargain badge.
The 2026 Mazda CX-5 kicks off at $31,485, including a $1,495 destination fee. That’s a mere $940 increase over the 2025 model, which started at $30,545. Both figures apply to the base 2.5S trim, which carries over largely unchanged. Interestingly, the CX-5 is priced almost identically to its sibling, the CX-50, which starts at $31,395—a difference of just $90. And this is the part most people miss: despite its modest price bump, the CX-5 offers 4.5 inches of additional length, translating to more cargo space and roomier seating for passengers.
Under the hood, the CX-5 sticks with its tried-and-true 2.5-liter four-cylinder engine, delivering 187 horsepower and 185 pound-feet of torque. While Mazda has confirmed a hybrid variant is in the works, the current gas-powered engine remains unchanged. Here’s the full pricing breakdown for the 2026 CX-5 lineup (destination included):
- 2.5S: $31,485
- 2.5S Select: $33,485
- 2.5S Preferred: $35,745
- 2.5S Premium: $38,395
- 2.5S Premium Plus: $40,485
For those eyeing premium paint options, expect to add $595 for colors like Aero Gray, Polymetal Gray, Rhodium White, Soul Red Crystal, or Machine Gray. Mazda hasn’t released a full options list yet, but these extras are a safe bet.
How does the CX-5 stack up against the competition? Even with its slight price increase, it undercuts several rivals. The Toyota RAV4 starts at $33,350, the Volkswagen Tiguan at $32,840, and the Honda CR-V at $32,370. Even the Ford Escape, somehow still in the game, starts at $31,845. However, the CX-5 isn’t the cheapest option—that title goes to the Kia Sportage, starting at $30,285. Other budget-friendly alternatives include the Dodge Hornet ($30,490), Nissan Rogue ($30,585), Chevrolet Equinox ($30,795), and Hyundai Tucson ($30,800).
Motor1’s Take: If the 2026 CX-5 retains the driving dynamics and overall charm of its predecessor, it’s hard to imagine it won’t be a hit—especially at this price point. The big question is: will the hybrid version arrive soon enough to challenge the RAV4’s dominance? And here’s a thought-provoking question for you: Does the lack of a hybrid option today make the CX-5 a less appealing choice, or is its affordability and performance enough to win you over? Let us know in the comments!
More on the Mazda CX-5: We want your opinion! What would you like to see on Motor1.com? Take our 3-minute survey here.
— The Motor1.com Team