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How Much Does a Induction Cooktop Cost to Run?

At the current U.S. average rate of 18.4¢/kWh (May 2026), a induction cooktop costs about $7.83 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

$7.83

43 kWh

Per year

$94.02

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

$7.83

Per year

$94.02

Uses 43 kWh/month at 18.4¢ per kWh.

Cheapest and most expensive states

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

Idaho $5.28
Utah $5.53
Oklahoma $5.70
Nebraska $5.79
Nevada $5.79
U.S. average $7.83
Massachusetts $12.26
Rhode Island $12.56
New York $12.73
California $14.17
Hawaii $22.13

Cost in every state

State Rate (¢/kWh) Per hour Per month Per year
Idaho 12.4 $0.17 $5.28 $63.36
Utah 13.0 $0.18 $5.53 $66.43
Oklahoma 13.4 $0.19 $5.70 $68.47
Nebraska 13.6 $0.19 $5.79 $69.50
Nevada 13.6 $0.19 $5.79 $69.50
North Dakota 13.6 $0.19 $5.79 $69.50
Missouri 13.7 $0.19 $5.83 $70.01
Iowa 14.1 $0.20 $6.00 $72.05
New Mexico 14.1 $0.20 $6.00 $72.05
Louisiana 14.2 $0.20 $6.04 $72.56
Arkansas 14.4 $0.20 $6.13 $73.58
Tennessee 14.5 $0.20 $6.17 $74.09
Montana 14.7 $0.21 $6.26 $75.12
Wyoming 14.8 $0.21 $6.30 $75.63
Kentucky 15.0 $0.21 $6.38 $76.65
Washington 15.0 $0.21 $6.38 $76.65
Kansas 15.1 $0.21 $6.43 $77.16
North Carolina 15.1 $0.21 $6.43 $77.16
Arizona 15.2 $0.21 $6.47 $77.67
Florida 15.2 $0.21 $6.47 $77.67
South Dakota 15.7 $0.22 $6.68 $80.23
Georgia 15.8 $0.22 $6.72 $80.74
Colorado 16.2 $0.23 $6.89 $82.78
Mississippi 16.2 $0.23 $6.89 $82.78
South Carolina 16.2 $0.23 $6.89 $82.78
Oregon 16.3 $0.23 $6.94 $83.29
Texas 16.4 $0.23 $6.98 $83.80
Alabama 16.8 $0.24 $7.15 $85.85
West Virginia 16.8 $0.24 $7.15 $85.85
Minnesota 17.0 $0.24 $7.24 $86.87
Virginia 17.6 $0.25 $7.49 $89.94
Indiana 18.2 $0.25 $7.75 $93.00
Delaware 19.4 $0.27 $8.26 $99.13
Ohio 19.5 $0.27 $8.30 $99.64
Wisconsin 19.7 $0.28 $8.38 $101
Pennsylvania 21.6 $0.30 $9.19 $110
Maryland 21.8 $0.31 $9.28 $111
Michigan 22.0 $0.31 $9.36 $112
New Jersey 23.3 $0.33 $9.92 $119
Illinois 23.9 $0.33 $10.17 $122
Vermont 24.9 $0.35 $10.60 $127
Washington, D.C. 25.4 $0.36 $10.81 $130
New Hampshire 27.3 $0.38 $11.62 $140
Connecticut 27.4 $0.38 $11.66 $140
Alaska 28.2 $0.39 $12.00 $144
Maine 28.6 $0.40 $12.17 $146
Massachusetts 28.8 $0.40 $12.26 $147
Rhode Island 29.5 $0.41 $12.56 $151
New York 29.9 $0.42 $12.73 $153
California 33.3 $0.47 $14.17 $170
Hawaii 52.0 $0.73 $22.13 $266

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 18.4¢/kWh, one hour costs about $0.26. In Idaho (12.4¢/kWh) it's $0.17, while in Hawaii (52¢/kWh) it's $0.73.

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

With typical usage (1 hour/day), expect about $7.83 per month at the U.S. average rate — from $5.28 in Idaho up to $22.13 in Hawaii. Rates are as of May 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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