How much does a toaster oven cost to run in New Mexico?

$2.81 a month

A day of use
$0.09
An hour of running
$0.18
A year
$33.67

1,225 W, 30 minutes a day, at New Mexico’s average rate of 15.1¢ per kWh (EIA, June 2026). How we calculate this

Change the watts, hours or rate
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What it costs at other usage levels

Toaster oven at 1,225 W and 15.1¢ per kWh
UseA dayA monthA year
30 minutes a day typical$0.09$2.81$33.67
1 hour a day$0.18$5.61$67.34
2 hours a day$0.37$11.22$134.67
4 hours a day$0.74$22.45$269.35
8 hours a day$1.48$44.89$538.70
24 hours a day$4.43$134.67$1,616.09
Monthly cost of a toaster oven in New Mexico, nearby states and the USNew Mexico: $2.81; Arizona: $2.83; Colorado: $3.19; Oklahoma: $2.67; Texas: $2.97; US average: $3.42New Mexico$2.81Arizona$2.83Colorado$3.19Oklahoma$2.67Texas$2.97US average$3.42

A typical model draws about 1,225 W (Virginia Cooperative Extension).

New Mexico compared with other states

CheapestMost expensive

New Mexico’s residential rate is the 14th cheapest of 51 states and DC, 3.3¢ below the US average of 18.3¢ (−18%). New Mexico’s rate is up 0.4¢ from June 2025 (14.7¢, +2.6%).

Ways to spend less

  • Use it instead of the full oven for small dishes.
  • Keep the door closed while it cooks.
  • Switch it off a few minutes early; it keeps cooking with the heat inside.

Questions

How much does it cost to run a toaster oven per hour?

About $0.18 an hour in New Mexico. A toaster oven at 1,225 W uses 1.23 kWh per hour, and at New Mexico’s average of 15.1¢ per kWh that comes to $0.18.

How much does a toaster oven add to your electric bill?

Used 30 minutes a day, about $2.81 a month in New Mexico, or $33.67 a year.

How much does it cost to run a toaster oven 24 hours a day?

Running nonstop, a toaster oven would use 29.4 kWh a day and cost $4.43 a day, or $134.67 over an average month in New Mexico.

How many watts does a toaster oven use?

A typical model draws about 1,225 W (Virginia Cooperative Extension). Check the label on yours: cost scales directly with watts, so a 20% lower wattage means a 20% lower bill.

Why does a toaster oven cost more or less to run in New Mexico than elsewhere?

New Mexico’s residential rate is the 14th cheapest of 51 states and DC, 3.3¢ below the US average of 18.3¢ (−18%). New Mexico’s rate is up 0.4¢ from June 2025 (14.7¢, +2.6%). The appliance uses the same energy everywhere; only the price per kWh changes.

Sources

Usage assumptions (hours a day, season) are ours and listed on the methodology page. Found an error? Tell us.