Cost Of Electric Range Vs Gas

The average cost to operate an ev in the united states is 485 per year while the average for a gasoline powered vehicle is 1 117.

Cost of electric range vs gas.

Generally you ll spend 650 to 2 800 for an electric stove and 800 to 2 300 for a gas stove according to consumer reports. The exact price difference depends on gas and electric rates where you live plus the type of car you drive. Freestanding gas ranges which include both a cooktop and an oven cost anywhere from about 400 for a basic model to several thousand dollars for a top of the line commercial model. A 5 3 cubic foot single oven gas stove costs around 600 on average.

Basic black or white ranges usually cost 500 to 800 while stainless steel models with advanced features such as a self cleaning option often cost 800 to 1 200. Natural gas can cost more than twice as much in some states as it does in gas rich states yet even in the more expensive states gas still tends to be the more economical heating fuel. Both gas and electric stoves are in essentially the same price range depending on the brand and model. Electric and gas stoves have similar costs for purchase of the stove itself.

To understand the cost implications of choosing gas or electric appliances in your specific area you ll need to obtain rate information from your local. For gasoline costs we used the national average price of gas in february 2020.