Billowatt

Electric Oven vs Toaster Oven: Which Costs Less to Run?

Same job, different cavity size — and cavity size is most of what an oven's energy bill is.

Electric Oven · per month

$13.35

1 hour/day · 2,000–5,000 W

Toaster Oven · per month

$3.34

0.5 hours/day · 1,000–1,800 W

Verdict

The toaster oven wins for small dishes, using one-third to one-half the energy. The crossover comes with quantity: once you're cooking for a family or using multiple racks, the big oven's single session beats repeated small ones. Rule of thumb: if it fits comfortably in the toaster oven, that's the cheaper appliance.

Side by side

Electric Oven Toaster Oven
Typical power2,000–5,000 W1,000–1,800 W
Typical usage1 hour/day0.5 hours/day
Energy per month73 kWh18 kWh
Cost per month (US avg)$13.35$3.34
Cost per year (US avg)$160$40.08
Cost per month in Hawaii$35.02$8.76

Rates as of July 2026. Adjust the assumptions on each appliance's page: Electric Oven · Toaster Oven.

Frequently asked questions

Which is cheaper to run: a electric oven or a toaster oven?

At typical usage and the current U.S. average rate (18.3¢/kWh), the toaster oven is cheaper: about $3.34/month versus $13.35/month for the electric oven — a difference of $10.01 per month.

How much could I save per year by choosing the toaster oven?

About $120 per year at typical usage and average rates. In Hawaii (48¢/kWh) the annual gap grows to roughly $315.

Do these numbers apply to my state?

The ratio between the two stays the same everywhere, but the dollar gap scales with your rate — from Louisiana at 12.7¢/kWh to Hawaii at 48¢/kWh. Open each appliance's page for the exact cost in your state.