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How Much Does It Cost to Run Refrigerator?

A fridge runs 24/7 but cycles its compressor on and off, so it only draws its full wattage part of the time — making it cheaper to run than its nameplate suggests. At the US-average rate of 16.5¢/kWh, running a refrigerator costs about $18.05/month ($216.55/year) at typical use. Adjust the watts, hours, and your rate below for your exact number.

Cost to run a refrigerator

$217/yr

Per day
$0.59
Per month
$18.05
Energy per year
1,314 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 a refrigerator by electricity rate

Same 150 W appliance, 24 h/day — the bill changes with where you live.

ScenarioRatePer monthPer year
Cheapest states (North Dakota)11.5¢$12.60$151.24
US average16.5¢$18.05$216.55
Most expensive (Hawaii)42.9¢$46.93$563.18

Find your state's rate on the electricity rates by state page, or see the appliance wattage chart for more devices.

Frequently asked questions

At the US-average residential rate of 16.5¢/kWh, a refrigerator drawing 150 watts for about 24 hours a day costs roughly $0.59 per day, $18.05 per month, and $216.55 per year. Your actual cost depends on your electricity rate and how much you use it — adjust both in the calculator above.

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