How much does it cost to run an induction cooktop?
An induction cooktop costs about 16¢ per hour, 16¢ a day, $4.93 a month and $59 a year at typical use (1 hour a day) and the U.S. average rate of 17.99¢/kWh. Induction delivers about 85% of its energy into the pan, so it needs less total energy than radiant or coil burners for the same cooking. A portable 120 V unit maxes out at 1,800 W.
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Cost by setting
| Setting | Watts | Per hour | Per day | Per month | Per year |
|---|---|---|---|---|---|
| Portable single burner | 1,800 | 16¢ | 16¢ | $4.93 | $59 |
| Built-in zone (normal) | 2,400 | 22¢ | 22¢ | $6.57 | $79 |
| Built-in zone (boost) | 3,700 | 33¢ | 33¢ | $10.13 | $122 |
At 1 hour a day and 17.99¢/kWh.
Cost by hours of use
| Hours per day | kWh/day | Per day | Per month | Per year (all year) |
|---|---|---|---|---|
| 1 hour | 0.90 | 16¢ | $4.93 | $59 |
| 2 hours | 1.80 | 32¢ | $9.86 | $118 |
| 4 hours | 3.60 | 65¢ | $19.71 | $237 |
| 8 hours | 7.20 | $1.30 | $39.43 | $473 |
| 12 hours | 10.80 | $1.94 | $59.14 | $710 |
| 24 hours | 21.60 | $3.89 | $118 | $1,419 |
Cost to run an induction cooktop in every state
The same induction cooktop costs $40 a year in North Dakota and $143 in Hawaii, at each state's average residential rate (12 months ending July 2026).
| State | Rate | Per hour | Per month | Per year |
|---|---|---|---|---|
| North Dakota | 12.32¢ | 11¢ | $3.37 | $40 |
| Idaho | 12.65¢ | 11¢ | $3.47 | $42 |
| Nebraska | 12.86¢ | 12¢ | $3.52 | $42 |
| Louisiana | 12.99¢ | 12¢ | $3.56 | $43 |
| Utah | 13.32¢ | 12¢ | $3.65 | $44 |
| Nevada | 13.36¢ | 12¢ | $3.66 | $44 |
| Arkansas | 13.43¢ | 12¢ | $3.68 | $44 |
| Tennessee | 13.56¢ | 12¢ | $3.71 | $45 |
| Oklahoma | 13.70¢ | 12¢ | $3.75 | $45 |
| Montana | 13.84¢ | 12¢ | $3.79 | $45 |
| Kentucky | 13.92¢ | 13¢ | $3.81 | $46 |
| Missouri | 13.95¢ | 13¢ | $3.82 | $46 |
| Wyoming | 14.01¢ | 13¢ | $3.84 | $46 |
| Washington | 14.12¢ | 13¢ | $3.87 | $46 |
| Iowa | 14.13¢ | 13¢ | $3.87 | $46 |
| South Dakota | 14.20¢ | 13¢ | $3.89 | $47 |
| Mississippi | 14.77¢ | 13¢ | $4.05 | $49 |
| North Carolina | 14.77¢ | 13¢ | $4.05 | $49 |
| Kansas | 15.09¢ | 14¢ | $4.13 | $50 |
| Georgia | 15.12¢ | 14¢ | $4.14 | $50 |
| New Mexico | 15.32¢ | 14¢ | $4.20 | $50 |
| Florida | 15.39¢ | 14¢ | $4.22 | $51 |
| Arizona | 15.40¢ | 14¢ | $4.22 | $51 |
| West Virginia | 15.48¢ | 14¢ | $4.24 | $51 |
| Oregon | 15.50¢ | 14¢ | $4.25 | $51 |
| South Carolina | 15.64¢ | 14¢ | $4.28 | $51 |
| Texas | 15.96¢ | 14¢ | $4.37 | $52 |
| Minnesota | 16.22¢ | 15¢ | $4.44 | $53 |
| Alabama | 16.44¢ | 15¢ | $4.50 | $54 |
| Virginia | 16.48¢ | 15¢ | $4.51 | $54 |
| Colorado | 16.58¢ | 15¢ | $4.54 | $55 |
| Indiana | 16.94¢ | 15¢ | $4.64 | $56 |
| Delaware | 17.79¢ | 16¢ | $4.87 | $58 |
| Ohio | 18.25¢ | 16¢ | $5.00 | $60 |
| Wisconsin | 18.74¢ | 17¢ | $5.13 | $62 |
| Illinois | 18.79¢ | 17¢ | $5.15 | $62 |
| Pennsylvania | 20.70¢ | 19¢ | $5.67 | $68 |
| Maryland | 21.03¢ | 19¢ | $5.76 | $69 |
| Michigan | 21.05¢ | 19¢ | $5.77 | $69 |
| New Jersey | 23.78¢ | 21¢ | $6.51 | $78 |
| Vermont | 23.80¢ | 21¢ | $6.52 | $78 |
| District of Columbia | 24.20¢ | 22¢ | $6.63 | $80 |
| New Hampshire | 26.67¢ | 24¢ | $7.31 | $88 |
| Alaska | 26.85¢ | 24¢ | $7.36 | $88 |
| Connecticut | 27.99¢ | 25¢ | $7.67 | $92 |
| New York | 28.39¢ | 26¢ | $7.78 | $93 |
| Rhode Island | 29.27¢ | 26¢ | $8.02 | $96 |
| Maine | 29.31¢ | 26¢ | $8.03 | $96 |
| Massachusetts | 30.43¢ | 27¢ | $8.34 | $100 |
| California | 32.99¢ | 30¢ | $9.04 | $108 |
| Hawaii | 43.51¢ | 39¢ | $11.92 | $143 |
Most efficient induction cooktop models
The lowest-energy ENERGY STAR certified models, out of 235 certified models. In this class, the best model costs $31 a year to run. The least efficient costs $35. Same size, $4 a year apart.
| Brand | Model | kWh/yr | Cost/yr | Shop |
|---|---|---|---|---|
| Ikea | MC-8F72A2H385UL | 175 | $31 | Amazon |
| Summit | REN20SS4 | 185 | $33 | Amazon |
| Bertazzoni | PRO244IFEMXB | 186 | $33 | Amazon |
| Bertazzoni | MAS365INMBG +7 variants | 187 | $34 | Amazon |
| Bertazzoni | MAS304IFEMXB +8 variants | 188 | $34 | Amazon |
| Ikea | MC-8F72A2H333UL +1 variant | 188 | $34 | Amazon |
| Midea | MC-8F72A2H333UL +3 variants | 188 | $34 | Amazon |
| Premier | ECN7X0BPX1 | 188 | $34 | Amazon |
| LG | CBIH3013*E +15 variants | 189 | $34 | Amazon |
| Premier | EAN7X0BPX1 | 189 | $34 | Amazon |
Yearly cost from the official annual energy use and 17.99¢/kWh. Look up any model in the calculator with “Look up my exact model”. Source: ENERGY STAR, updated 2026-10-21. Amazon links search for the exact model; as an Amazon Associate we earn from qualifying purchases.
How to cut the cost
- Use the power level, not max, once the pan is hot; induction responds instantly.
- Size the pan to the zone; induction only heats the pan base in contact.
- Use lids to shorten boil time and cut energy.
- Turn off the unit right after cooking; standby displays use 1-3 W.
Cheaper ways to get the job done
Flat, magnetic-bottomed pans couple efficiently with the coil for faster, cheaper heating.
See options on AmazonWe may earn a commission from qualifying purchases. It never changes the numbers we show. Disclosure.
Compare with similar appliances
| Appliance | Watts | Typical use | Per month | Per year |
|---|---|---|---|---|
| Induction cooktop | 1,800 | 1 hour a day | $4.93 | $59 |
| Electric stove burner | 1,500 | 1 hour a day | $4.93 | $59 |
| Electric oven | 3,000 | 3 hour of bakings a week | $3.75 | $45 |
| Hot plate | 1,000 | 45 minutes a day | $2.46 | $30 |
| Electric kettle | 1,500 | 6 minutes a day | $0.82 | $10 |
| Dishwasher | 1,800 | 4 cycles a week | $3.82 | $46 |
| Electric pizza oven | 1,750 | 45 minutes a day, 1 days a week | $0.72 | $9 |
Head-to-head comparisons
Frequently asked questions
How much does it cost to run an induction cooktop per hour?
An induction cooktop drawing 1,800 watts uses 0.90 kWh per hour while running (50% duty cycle). At the U.S. average of 17.99¢/kWh that's 16¢ per hour. In North Dakota (12.32¢) it's 11¢. In Hawaii (43.51¢) it's 39¢.
How much does it cost to run an induction cooktop per month?
At typical use (1 hour a day), an induction cooktop costs about $4.93 a month and $59 a year, at the U.S. average rate. Enter your ZIP in the calculator above for your utility's rate.
How many watts does an induction cooktop use?
Most induction cooktops use 1,200 to 3,700 watts, depending on the setting (portable single burner 1,800 W, built-in zone (normal) 2,400 W, built-in zone (boost) 3,700 W). Check the label on the back or bottom for your model's exact rating.
How many kWh does an induction cooktop use?
About 0.90 kWh a day and 329 kWh a year at typical use (1 hour a day).
Does an induction cooktop use a lot of electricity?
It's a moderate load: 329 kWh a year is about 3% of the average U.S. home's yearly use.
Is it cheaper to run an induction cooktop or an electric stove burner?
At typical use, an induction cooktop costs about $59 a year versus $59 for an electric stove burner. So the electric stove burner is cheaper by about $0 a year. Use the comparison table above to compare them at your own settings.
How can I lower the cost of running an induction cooktop?
- Use the power level, not max, once the pan is hot; induction responds instantly.
- Size the pan to the zone; induction only heats the pan base in contact.
- Use lids to shorten boil time and cut energy.
Rates updated 2026-10-21: EIA data through July 2026. Typical wattage and usage reviewed against DOE, ENERGY STAR and manufacturer specs. Methodology.