How Much Does It Cost to Run an 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.
How much electricity does an induction cooktop use?
At 1,800 W for 0.75 hours a day, an induction cooktop uses about 1.4 kWh per day — roughly 41 kWh per month and 493 kWh per year. That's about 5% of the 863 kWh the average US home uses in a month. Energy use is the same everywhere — only the price per kWh changes your bill.
Wondering about the circuit instead? See how many amps an induction cooktop draws.
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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