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Electricity Cost Calculator

Calculate how much your appliances cost to run

Monthly Cost

$2.88

Daily

$0.10

Yearly

$35.04

Power

100W

Cost Breakdown

Daily
$0.10
0.80 kWh
Monthly
$2.88
24.0 kWh
Yearly
$35.04
292 kWh
Total Power Draw100 W

Cost Over Time

Daily$0
Weekly$1
Monthly$3
Yearly$35

What You'll Need

P3 Kill A Watt Electricity Usage Monitor

P3 Kill A Watt Electricity Usage Monitor

$22-$304.6
View on Amazon
Govee Dual Smart Plug 2-Pack WiFi Alexa Compatible

Govee Dual Smart Plug 2-Pack WiFi Alexa Compatible

$45-$524.9
View on Amazon
P3 Kill A Watt Electricity Usage Monitor

P3 Kill A Watt Electricity Usage Monitor

$22-$304.6
View on Amazon
Govee Dual Smart Plug 2-Pack WiFi Alexa Compatible

Govee Dual Smart Plug 2-Pack WiFi Alexa Compatible

$45-$524.9
View on Amazon

As an Amazon Associate, we earn from qualifying purchases.

Example Calculations

1LED Light Bulb (10W)

Inputs

Wattage10W
Hours/Day8
Rate$0.12/kWh

Result

Monthly Cost$0.29
Daily Cost$0.01
Yearly Cost$3.50
Monthly kWh2.4 kWh

Daily: (10 × 8) / 1000 = 0.08 kWh × $0.12 = $0.0096/day. Monthly: $0.0096 × 30 = $0.29. Yearly: $0.0096 × 365 = $3.50.

2Space Heater (1,500W)

Inputs

Wattage1,500W
Hours/Day6
Rate$0.12/kWh

Result

Monthly Cost$32.40
Daily Cost$1.08
Yearly Cost$394.20
Monthly kWh270 kWh

Daily: (1500 × 6) / 1000 = 9 kWh × $0.12 = $1.08/day. Monthly: $1.08 × 30 = $32.40. Yearly: $1.08 × 365 = $394.20.

Frequently Asked Questions

Q

How do I calculate electricity cost?

Multiply the device wattage by hours of use per day, divide by 1,000 to get kWh, then multiply by your electricity rate. For example, a 100W light bulb used 8 hours/day at $0.12/kWh costs: (100 × 8) / 1000 × $0.12 = $0.096 per day, or about $2.88 per month.

  • Formula: (Watts × Hours/Day) ÷ 1,000 × $/kWh = daily cost
  • A 1,500W space heater running 6 hrs/day at $0.12/kWh costs $1.08/day ($32.40/month)
  • LED bulb (10W) costs $0.29/month vs incandescent (60W) at $1.73/month – saving $17/year
  • Check your utility bill for your exact rate – US average is ~$0.16/kWh but ranges $0.10–$0.43
Q

What is the average electricity rate in the US?

The average US residential electricity rate is approximately $0.16 per kWh as of 2024, though rates vary significantly by state. Hawaii has the highest rates (around $0.43/kWh) while states like Louisiana and Idaho have lower rates (around $0.10-0.12/kWh).

  • National average: ~$0.16/kWh residential (2024 EIA data)
  • Cheapest states: Louisiana ($0.10), Idaho ($0.10), Utah ($0.11)
  • Most expensive: Hawaii ($0.43), Connecticut ($0.27), Massachusetts ($0.26)
  • Time-of-use plans can save 10–20% by shifting usage to off-peak hours (typically 9 PM–7 AM)
  • Solar households may pay $0.00–$0.05/kWh effective rate after net metering credits
RegionAvg Rate ($/kWh)Avg Monthly Bill
Southeast$0.12–$0.14$130–$160
Midwest$0.13–$0.16$110–$140
Northeast$0.20–$0.27$120–$170
West Coast$0.16–$0.25$100–$150
Hawaii$0.40–$0.43$170–$220
Q

What uses the most electricity in a home?

The biggest electricity consumers in a typical home are heating and cooling (40-50% of the bill), water heater (14-18%), washer and dryer (13%), lighting (12%), and refrigerator (4-8%). Individual high-wattage appliances include space heaters (1,500W), hair dryers (1,800W), and electric ovens (2,500W).

  • HVAC: 40–50% of total bill – a 3-ton central AC draws ~3,500W
  • Electric water heater: 14–18% – 4,500W element running 3–4 hrs/day (~$45/month)
  • Refrigerator: runs 24/7 at 100–400W, costing $5–$15/month
  • Washer + dryer: dryer alone uses 3,000–5,000W per cycle (~$0.50–$0.75/load)
  • Gaming PC: 300–500W under load; 4 hrs/day costs $5–$9/month
ApplianceWattageMonthly Cost (at $0.12/kWh)
Central AC (3-ton)3,500W$50–$80 (8 hrs/day)
Space Heater1,500W$32 (6 hrs/day)
Electric Water Heater4,500W$40–$50 (3 hrs/day)
Refrigerator150–400W$5–$15 (24 hrs)
LED Bulb10W$0.29 (8 hrs/day)
Q

How many kWh does a typical home use per month?

The average US household uses about 886 kWh per month (10,632 kWh per year). This varies by region, home size, and climate. Southern states with air conditioning tend to use more, averaging 1,100+ kWh/month in summer.

  • US average: 886 kWh/month (10,632 kWh/year) per EIA data
  • Small apartment (600 sq ft): ~400–500 kWh/month
  • Medium home (1,500 sq ft): ~700–900 kWh/month
  • Large home (3,000+ sq ft): ~1,200–1,800 kWh/month
  • Southern states in summer (AL, MS, TX): 1,100–1,400 kWh/month due to AC load
Q

Does turning off appliances save electricity?

Yes, but many devices consume standby (phantom) power even when off. TVs, game consoles, chargers, and computers can draw 5-25W when in standby. Using power strips to fully disconnect devices can save 5-10% on your electricity bill.

  • Average home wastes $100–$200/year on phantom/standby power
  • TV on standby: 5–15W; game console (Xbox/PS5) standby: 10–25W
  • Phone charger plugged in with no phone still draws 0.1–0.5W
  • Smart power strips auto-cut standby power and cost $15–$30 – pay for themselves in 3–6 months
  • Unplug or switch off: computer monitors, coffee makers, cable boxes, and microwave clocks

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Last Updated: Mar 26, 2026

This calculator is provided for informational and educational purposes only. Results are estimates and should not be considered professional financial, medical, legal, or other advice. Always consult a qualified professional before making important decisions. UseCalcPro is not responsible for any actions taken based on calculator results.

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