How much does an electric oven cost per month in New Mexico?

About $4.18 a month, assuming 1.60 kWh per cycle, 4 cycles a week at 15.06¢/kWh.

How many kilowatt-hours does an electric oven use?

Roughly 333 kWh a year under these assumptions.

Is that expensive compared with other states?

New Mexico has the 14th cheapest average residential rate in the country, so this appliance costs less here than the U.S. average of $61.04 a year.

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Cost to run an electric oven in New Mexico (June 2026 rates)

At 15.06¢ per kilowatt-hour — New Mexico's average residential price in June 2026 — running an electric oven costs $50.12 a year. That is 18% less than the national average of $61.04. New Mexico's residential rate is up 2.6% from June 2025, which moves this appliance from $48.86 to $50.12 a year.

Per cycle: 24.1¢
Per day: 13.7¢
Per month: $4.18
Per year: $50.12

Assumption: 1.60 kWh per cycle, 4 cycles a week — 333 kWh a year. About an hour of baking at 350 F, including preheat. The element cycles rather than drawing its full 2,400 W continuously. Use the calculator to swap in the numbers from your own model.

How New Mexico compares

New Mexico pays 15.06¢/kWh, the 14th cheapest residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $10.92 less a year than the typical U.S. household pays for the same use. Running the same electric oven costs $43.63 a year in Nevada and $175 in Hawaii, so where you live changes this bill by $132 a year.

State	Rate	Per month	Per year
Mississippi	14.88¢	$4.13	$49.52
Washington	14.91¢	$4.14	$49.62
New Mexico	15.06¢	$4.18	$50.12
Florida	15.10¢	$4.19	$50.25
Montana	15.14¢	$4.20	$50.39

States ranked by average residential price, cheapest first. See all 51 states for an electric oven.

What else costs about the same in New Mexico

Dishwasher$46.99 a year in NM Chest freezer$45.18 a year in NM Refrigerator$60.24 a year in NM

Cutting the number down

For anything under an hour, a countertop oven or air fryer heats a far smaller cavity and usually wins outright.
Most recipes do not need a full preheat; reaching temperature with the food inside costs less than an empty preheat.
Self-clean runs the element flat out for hours and is the most expensive cycle the appliance offers.

Questions

How much does an electric oven cost per month in New Mexico?: About $4.18 a month, assuming 1.60 kWh per cycle, 4 cycles a week at 15.06¢/kWh.
How many kilowatt-hours does an electric oven use?: Roughly 333 kWh a year under these assumptions.
Is that expensive compared with other states?: New Mexico has the 14th cheapest average residential rate in the country, so this appliance costs less here than the U.S. average of $61.04 a year.