How Much Does It Cost to Run Induction Cooktop?
Induction puts ~85–90% of its energy into the pan versus ~70% for radiant electric — same cooking, fewer watt-hours. At the US-average rate of 16.5¢/kWh, running an induction cooktop costs about $6.77/month ($81.21/year) at typical use. Adjust the watts, hours, and your rate below for your exact number.
Cost to run an induction cooktop
$81/yr
- Per day
- $0.22
- Per month
- $6.77
- Energy per year
- 493 kWh
Cost = power (kW) × hours × days × your rate. Defaults are typical values — enter your appliance's actual watts (often on a label) and your real rate for a precise figure.
Cost to run an induction cooktop by electricity rate
Same 1,800 W appliance, 0.75 h/day — the bill changes with where you live.
| Scenario | Rate | Per month | Per year |
|---|---|---|---|
| Cheapest states (North Dakota) | 11.5¢ | $4.73 | $56.72 |
| US average | 16.5¢ | $6.77 | $81.21 |
| Most expensive (Hawaii) | 42.9¢ | $17.60 | $211.19 |
Find your state's rate on the electricity rates by state page, or see the appliance wattage chart for more devices.
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