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Cost to run a refrigerator in New Mexico (July 2026 rates)

At 16.09¢ per kilowatt-hour — New Mexico's average residential price in July 2026 — running a refrigerator costs $64.36 a year. That is 12% less than the national average of $73.24. New Mexico's residential rate is up 1.8% from July 2025, which moves this appliance from $63.20 to $64.36 a year.

Per day
17.6¢
Per month
$5.36
Per year
$64.36

Assumption: 400 kWh a year. A current ENERGY STAR top-freezer lands near 400 kWh a year. A 2000s-era side-by-side can be double, and a garage fridge in a hot climate higher still. Use the calculator to swap in the numbers from your own model.

How New Mexico compares

New Mexico pays 16.09¢/kWh, the 26th most expensive residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $8.88 less a year than the typical U.S. household pays for the same use. Running the same refrigerator costs $50.88 a year in Louisiana and $192 in Hawaii, so where you live changes this bill by $141 a year.

StateRatePer monthPer year
Iowa15.99¢$5.33$63.96
Missouri16.09¢$5.36$64.36
New Mexico16.09¢$5.36$64.36
Georgia16.27¢$5.42$65.08
Alabama16.40¢$5.47$65.60

States ranked by average residential price, cheapest first. See all 51 states for a refrigerator.

What else costs about the same in New Mexico

Cutting the number down

Questions

How much does a refrigerator cost per month in New Mexico?
About $5.36 a month, assuming 400 kWh a year at 16.09¢/kWh.
How many kilowatt-hours does a refrigerator use?
Roughly 400 kWh a year under these assumptions.
Is that expensive compared with other states?
New Mexico has the 26th most expensive average residential rate in the country, so this appliance costs less here than the U.S. average of $73.24 a year.