Cost to Run a Induction Cooktop in New York
New York's average residential electricity rate is 29.9¢/kWh as of May 2026 — the 49th cheapest in the country, 63% above the U.S. average. At typical usage (1 hour/day), a induction cooktop here costs $12.73 per month.
Per hour
$0.42
at 1,200–1,800 W
Per day
$0.42
1 hour/day
Per month
$12.73
43 kWh
Per year
$153
511 kWh
By usage level in New York
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (0.5 hrs/day) | $0.21 | $6.36 | $76.39 |
| Typical (1 hrs/day) | $0.42 | $12.73 | $153 |
| Heavy (2 hrs/day) | $0.84 | $25.45 | $306 |
New York 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 York?
At New York's current average residential rate of 29.9¢/kWh (May 2026), a induction cooktop with typical usage costs about $0.42 per day, $12.73 per month, or $153 per year.
Is running a induction cooktop in New York more expensive than average?
Yes. New York's electricity costs about 63% more than the U.S. average, so the same usage costs $12.73 per month here versus $7.83 nationally.
What does electricity cost in New York right now?
New York residents pay an average of 29.9¢ per kWh as of May 2026 — the 49th cheapest rate of the 51 U.S. jurisdictions we track.