CutYourElectric

Toaster oven vs. electric oven: running cost

A toaster oven is cheaper to run: about $19 a year versus $45 for an electric oven at typical use and 17.99¢/kWh, a $26 difference.

Toaster ovenElectric oven
Typical watts1,300 W3,000 W
Watt range1,000–1,800 W2,000–5,000 W
Typical use18 minutes a day3 hour of bakings a week
Energy per year108 kWh250 kWh
Cost per hour16¢29¢
Cost per day5.3¢12¢
Cost per month$1.62$3.75
Cost per year$19$45
Per year in Hawaii (43.51¢)$47$109

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What drives the difference

Ways to cut either cost

Air fryer toaster oven combo

Convection airflow cooks faster at lower temperatures, trimming run time.

See options on Amazon
Countertop convection toaster oven

Heats a much smaller space with 1,200-1,800 W and needs little or no preheat, using roughly half the energy for small batches.

See options on Amazon

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Frequently asked questions

Which costs more to run, a toaster oven or an electric oven?

At typical use and the U.S. average rate (17.99¢/kWh), an electric oven costs about $45 a year versus $19 for a toaster oven. That's $26 more, or 2.3× as much.

How many watts do toaster oven and electric oven use?

A toaster oven typically draws 1,300 W (range 1,000–1,800 W). An electric oven draws 3,000 W (range 2,000–5,000 W). Watts alone don't decide cost. Hours of use, cycling and standby matter just as much.

Rates: EIA, 12 months ending 2026-07. Methodology.