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How Much Does It Cost to Run a Toaster in New York? (2026)

Toasters draw a lot of power for only a couple of minutes, so a slice of toast costs a tiny fraction of a cent. Four-slot models use more but toast more at once.

A typical toaster (1,000 W) costs $0.29 per hour, or about $0.87 per month at 0.1 hours a day in New York. Cheap to run

WattagePer hourPer dayPer monthPer year
Low (800 W)$0.23$0.023$0.70$8.47
Typical (1,000 W)$0.29$0.029$0.87$10.58
High (1,500 W)$0.43$0.044$1.31$15.88

Formula: watts ÷ 1000 × hours × price per kWh. Typical use is 0.1 h/day ≈ 36 kWh per year.

In New York, with electricity at $0.29 per kWh (source: EIA Table 5.6.A, 2026-06), a typical toaster costs $0.29 per hour and about $10.58 per year at 0.1 hours a day. That is about 61% more than the US national average of $0.54 per month, because electricity in New York costs $0.29 per kWh against $0.18 nationally. Each $1.00 of electricity buys roughly 3.4 hours of use.

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How to lower the cost of running a toaster

Frequently asked questions

How much electricity does a toaster use per slice?

About 0.03 kWh for two slices, well under a cent almost everywhere.

Is a toaster cheaper than a toaster oven?

Yes for toast. A toaster oven takes longer and heats more air.

Does a toaster use power when not in use?

No, unless it has a digital display.

Cost by region

Related appliances

Use the generic electricity cost calculator →