Cost to Run a Induction Cooktop in New Jersey
New Jersey's average residential electricity rate is 23.3¢/kWh as of May 2026 — the 39th cheapest in the country, 27% above the U.S. average. At typical usage (1 hour/day), a induction cooktop here costs $9.92 per month.
Per hour
$0.33
at 1,200–1,800 W
Per day
$0.33
1 hour/day
Per month
$9.92
43 kWh
Per year
$119
511 kWh
By usage level in New Jersey
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (0.5 hrs/day) | $0.16 | $4.96 | $59.53 |
| Typical (1 hrs/day) | $0.33 | $9.92 | $119 |
| Heavy (2 hrs/day) | $0.65 | $19.83 | $238 |
New Jersey vs. the rest of the country
Monthly cost at typical usage.
Frequently asked questions
How much does it cost to run a induction cooktop in New Jersey?
At New Jersey's current average residential rate of 23.3¢/kWh (May 2026), a induction cooktop with typical usage costs about $0.33 per day, $9.92 per month, or $119 per year.
Is running a induction cooktop in New Jersey more expensive than average?
Yes. New Jersey's electricity costs about 27% more than the U.S. average, so the same usage costs $9.92 per month here versus $7.83 nationally.
What does electricity cost in New Jersey right now?
New Jersey residents pay an average of 23.3¢ per kWh as of May 2026 — the 39th cheapest rate of the 51 U.S. jurisdictions we track.