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How Much Does a Induction Cooktop Cost to Run?

At the current U.S. average rate of 18.8¢/kWh (April 2026), a induction cooktop costs about $8.00 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

$8.00

43 kWh

Per year

$96.07

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

$8.00

Per year

$96.07

Uses 43 kWh/month at 18.8¢ per kWh.

Cheapest and most expensive states

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

North Dakota $5.28
Idaho $5.41
Nebraska $5.66
Oklahoma $5.66
Utah $5.66
U.S. average $8.00
New York $12.56
Massachusetts $12.56
Connecticut $13.70
California $15.02
Hawaii $19.83

Cost in every state

State Rate (¢/kWh) Per hour Per month Per year
North Dakota 12.4 $0.17 $5.28 $63.36
Idaho 12.7 $0.18 $5.41 $64.90
Nebraska 13.3 $0.19 $5.66 $67.96
Oklahoma 13.3 $0.19 $5.66 $67.96
Utah 13.3 $0.19 $5.66 $67.96
Iowa 13.9 $0.19 $5.92 $71.03
Montana 13.9 $0.19 $5.92 $71.03
Missouri 14.0 $0.20 $5.96 $71.54
Arkansas 14.2 $0.20 $6.04 $72.56
Nevada 14.3 $0.20 $6.09 $73.07
Louisiana 14.4 $0.20 $6.13 $73.58
Washington 14.4 $0.20 $6.13 $73.58
South Dakota 14.5 $0.20 $6.17 $74.09
Wyoming 14.7 $0.21 $6.26 $75.12
Tennessee 14.9 $0.21 $6.34 $76.14
Kentucky 15.0 $0.21 $6.38 $76.65
New Mexico 15.2 $0.21 $6.47 $77.67
Florida 15.4 $0.22 $6.55 $78.69
Georgia 15.4 $0.22 $6.55 $78.69
Arizona 15.5 $0.22 $6.60 $79.20
Kansas 15.8 $0.22 $6.72 $80.74
Oregon 15.8 $0.22 $6.72 $80.74
West Virginia 16.1 $0.23 $6.85 $82.27
North Carolina 16.3 $0.23 $6.94 $83.29
Minnesota 16.4 $0.23 $6.98 $83.80
Colorado 16.5 $0.23 $7.02 $84.31
Mississippi 16.8 $0.24 $7.15 $85.85
Texas 17.0 $0.24 $7.24 $86.87
South Carolina 17.1 $0.24 $7.28 $87.38
Alabama 17.4 $0.24 $7.41 $88.91
Virginia 17.4 $0.24 $7.41 $88.91
Indiana 17.9 $0.25 $7.62 $91.47
Delaware 18.8 $0.26 $8.00 $96.07
Wisconsin 19.2 $0.27 $8.17 $98.11
Ohio 19.5 $0.27 $8.30 $99.64
Illinois 20.5 $0.29 $8.72 $105
Michigan 21.4 $0.30 $9.11 $109
Pennsylvania 21.5 $0.30 $9.15 $110
Maryland 22.1 $0.31 $9.41 $113
New Jersey 23.5 $0.33 $10.00 $120
Vermont 24.6 $0.34 $10.47 $126
Washington, D.C. 25.4 $0.36 $10.81 $130
New Hampshire 27.2 $0.38 $11.58 $139
Alaska 27.4 $0.38 $11.66 $140
Rhode Island 28.3 $0.40 $12.04 $145
Maine 28.4 $0.40 $12.09 $145
Massachusetts 29.5 $0.41 $12.56 $151
New York 29.5 $0.41 $12.56 $151
Connecticut 32.2 $0.45 $13.70 $165
California 35.3 $0.49 $15.02 $180
Hawaii 46.6 $0.65 $19.83 $238

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 18.8¢/kWh, one hour costs about $0.26. In North Dakota (12.4¢/kWh) it's $0.17, while in Hawaii (46.6¢/kWh) it's $0.65.

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

With typical usage (1 hour/day), expect about $8.00 per month at the U.S. average rate — from $5.28 in North Dakota up to $19.83 in Hawaii. Rates are as of April 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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