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How Much Does a Induction Cooktop Cost to Run?

At the current U.S. average rate of 18.3¢/kWh (July 2026), a induction cooktop costs about $7.79 per month at typical usage — 1 hour/day.

Per hour

$0.26

at 1,200–1,800 W

Per day

$0.26

1 hour/day

Per month

$7.79

43 kWh

Per year

$93.51

511 kWh

Induction transfers around 85–90% of its energy into the pan versus roughly 70–75% for radiant electric, so the same cooking finishes faster on fewer kilowatt-hours. It's the cheapest electric way to cook, and the gap widens for boiling-heavy cooking.

Calculate it for your home

Per hour

$0.26

Per day

$0.26

Per month

$7.79

Per year

$93.51

Uses 43 kWh/month at 18.3¢ per kWh.

Cheapest and most expensive states

Monthly cost at typical usage, using each state's current average residential rate.

Louisiana $5.41
Nevada $5.45
Utah $5.58
North Dakota $5.70
Idaho $5.83
U.S. average $7.79
New York $12.73
Massachusetts $12.98
Maine $13.79
California $14.30
Hawaii $20.43

Cost in every state

State Rate (¢/kWh) Per hour Per month Per year
Louisiana 12.7 $0.18 $5.41 $64.90
Nevada 12.8 $0.18 $5.45 $65.41
Utah 13.1 $0.18 $5.58 $66.94
North Dakota 13.4 $0.19 $5.70 $68.47
Idaho 13.7 $0.19 $5.83 $70.01
Tennessee 13.7 $0.19 $5.83 $70.01
Kentucky 13.8 $0.19 $5.87 $70.52
Nebraska 13.8 $0.19 $5.87 $70.52
Arkansas 14.3 $0.20 $6.09 $73.07
Oklahoma 14.4 $0.20 $6.13 $73.58
Wyoming 14.4 $0.20 $6.13 $73.58
Mississippi 14.5 $0.20 $6.17 $74.09
Washington 14.7 $0.21 $6.26 $75.12
Florida 15.0 $0.21 $6.38 $76.65
Montana 15.0 $0.21 $6.38 $76.65
North Carolina 15.2 $0.21 $6.47 $77.67
Kansas 15.3 $0.21 $6.51 $78.18
Arizona 15.4 $0.22 $6.55 $78.69
South Dakota 15.4 $0.22 $6.55 $78.69
South Carolina 15.5 $0.22 $6.60 $79.20
West Virginia 15.8 $0.22 $6.72 $80.74
Texas 15.9 $0.22 $6.77 $81.25
Iowa 16.0 $0.22 $6.81 $81.76
Oregon 16.0 $0.22 $6.81 $81.76
Missouri 16.1 $0.23 $6.85 $82.27
New Mexico 16.1 $0.23 $6.85 $82.27
Georgia 16.3 $0.23 $6.94 $83.29
Alabama 16.4 $0.23 $6.98 $83.80
Indiana 16.7 $0.23 $7.11 $85.34
Colorado 17.0 $0.24 $7.24 $86.87
Minnesota 17.5 $0.24 $7.45 $89.42
Virginia 17.6 $0.25 $7.49 $89.94
Delaware 18.5 $0.26 $7.87 $94.53
Wisconsin 19.1 $0.27 $8.13 $97.60
Illinois 19.2 $0.27 $8.17 $98.11
Ohio 19.5 $0.27 $8.30 $99.64
Maryland 21.4 $0.30 $9.11 $109
Pennsylvania 21.7 $0.30 $9.24 $111
Michigan 23.1 $0.32 $9.83 $118
Vermont 23.8 $0.33 $10.13 $122
Connecticut 24.2 $0.34 $10.30 $124
Washington, D.C. 25.2 $0.35 $10.73 $129
New Jersey 25.2 $0.35 $10.73 $129
New Hampshire 26.6 $0.37 $11.32 $136
Rhode Island 28.3 $0.40 $12.04 $145
Alaska 28.8 $0.40 $12.26 $147
New York 29.9 $0.42 $12.73 $153
Massachusetts 30.5 $0.43 $12.98 $156
Maine 32.4 $0.45 $13.79 $166
California 33.6 $0.47 $14.30 $172
Hawaii 48.0 $0.67 $20.43 $245

How to lower the cost

  • Match the appliance to the portion: microwave and air fryer beat the big oven for anything small.
  • Keep refrigerator coils clean and gaskets tight — it runs 24/7, so small inefficiencies compound.
  • Run the dishwasher full and skip heated dry.

Frequently asked questions

How much electricity does a induction cooktop use?

A typical induction cooktop draws about 1,400 watts in use. At 1 hour/day, that works out to roughly 1.4 kWh per day, or 43 kWh per month.

How much does it cost to run a induction cooktop for 1 hour?

At the current U.S. average residential rate of 18.3¢/kWh, one hour costs about $0.26. In Louisiana (12.7¢/kWh) it's $0.18, while in Hawaii (48¢/kWh) it's $0.67.

How much does a induction cooktop cost to run per month?

With typical usage (1 hour/day), expect about $7.79 per month at the U.S. average rate — from $5.41 in Louisiana up to $20.43 in Hawaii. Rates are as of July 2026.

Does a induction cooktop use a lot of electricity?

It's a moderate load: roughly 5% of an average U.S. home's monthly consumption at typical usage. Noticeable, but not a bill-driver on its own.

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