Cost to Run a Toaster Oven in New Mexico
New Mexico's average residential electricity rate is 15.2¢/kWh as of April 2026 — the 17th cheapest in the country, 19% below the U.S. average. At typical usage (0.5 hours/day), a toaster oven here costs $2.77 per month.
Per hour
$0.18
at 1,000–1,800 W
Per day
9.1¢
0.5 hours/day
Per month
$2.77
18 kWh
Per year
$33.29
219 kWh
By usage level in New Mexico
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (0.5 hrs/day) | 4.6¢ | $1.39 | $16.64 |
| Typical (0.5 hrs/day) | 9.1¢ | $2.77 | $33.29 |
| Heavy (1 hrs/day) | $0.18 | $5.54 | $66.58 |
New Mexico vs. the rest of the country
Monthly cost at typical usage.
Frequently asked questions
How much does it cost to run a toaster oven in New Mexico?
At New Mexico's current average residential rate of 15.2¢/kWh (April 2026), a toaster oven with typical usage costs about 9.1¢ per day, $2.77 per month, or $33.29 per year.
Is running a toaster oven in New Mexico more expensive than average?
No — it's cheaper. New Mexico's rate is about 19% below the U.S. average: $2.77 per month here versus $3.43 nationally.
What does electricity cost in New Mexico right now?
New Mexico residents pay an average of 15.2¢ per kWh as of April 2026 — the 17th cheapest rate of the 51 U.S. jurisdictions we track.