Appliance Cost CalculatorCompare Appliances
← Back to calculator

Most Energy Efficient Appliances — Ranked by Annual Cost

Which appliances cost the most to run? We ranked every appliance by estimated annual electricity cost using typical daily usage at the US average rate of $0.16/kWh. Use this guide to find where your money goes and where you can save the most.

Top 5 Most Expensive Appliances to Run

ApplianceWattsHrs/DayAnnual Cost
Electric Furnace10,000W6$3504.00
Crypto Mining Rig1,500W24$2102.40
Electric Vehicle Charger (Level 2)7,200W4$1681.92
Central Air Conditioner3,500W8$1635.20
Electric Water Heater4,500W3$788.40

Top 5 Cheapest Appliances to Run

ApplianceWattsHrs/DayAnnual Cost
LED Light Bulb (9W equivalent to 60W)9W5$2.63
Laser Printer600W0.1$3.50
Coffee Maker900W0.25$13.14
Wi-Fi Router12W24$16.82
Incandescent Light Bulb (60W)60W5$17.52

Complete Ranking — All Appliances by Annual Cost

#ApplianceCategoryWattsHrs/DayMonthlyAnnual
1Electric FurnaceHeating & Cooling10,000W6$288.00$3504.00
2Crypto Mining RigHome Office1,500W24$172.80$2102.40
3Electric Vehicle Charger (Level 2)Outdoor7,200W4$138.24$1681.92
4Central Air ConditionerHeating & Cooling3,500W8$134.40$1635.20
5Electric Water HeaterBathroom4,500W3$64.80$788.40
6Space HeaterHeating & Cooling1,500W8$57.60$700.80
7Pool PumpOutdoor1,500W8$57.60$700.80
8Hot Tub / SpaOutdoor3,000W4$57.60$700.80
9Portable Air ConditionerHeating & Cooling1,400W8$53.76$654.08
10Window AC UnitHeating & Cooling1,200W8$46.08$560.64
11DehumidifierHeating & Cooling600W12$34.56$420.48
12Clothes Dryer (Electric)Laundry5,000W1$24.00$292.00
13RefrigeratorKitchen150W24$17.28$210.24
14Electric OvenKitchen2,500W1$12.00$146.00
15Gaming PCElectronics500W4$9.60$116.80
16DishwasherKitchen1,800W1$8.64$105.12
17Desktop ComputerElectronics200W8$7.68$93.44
18Ceiling FanHeating & Cooling75W12$4.32$52.56
19Air FryerKitchen1,500W0.5$3.60$43.80
20Game Console (PS5/Xbox Series X)Electronics200W3$2.88$35.04
21Instant Pot / Pressure CookerKitchen1,000W0.5$2.40$29.20
22Washing MachineLaundry500W1$2.40$29.20
23Television (55" LED/OLED)Electronics100W5$2.40$29.20
24LaptopElectronics50W8$1.92$23.36
25Computer MonitorElectronics40W8$1.54$18.69
26Hair DryerBathroom1,800W0.17$1.47$17.87
27MicrowaveKitchen1,200W0.25$1.44$17.52
28Incandescent Light Bulb (60W)Lighting60W5$1.44$17.52
29Wi-Fi RouterElectronics12W24$1.38$16.82
30Coffee MakerKitchen900W0.25$1.08$13.14
31Laser PrinterHome Office600W0.1$0.29$3.50
32LED Light Bulb (9W equivalent to 60W)Lighting9W5$0.22$2.63

Cost Rankings by Category

Heating & Cooling

ApplianceWattsAnnual Cost
Electric Furnace10,000W$3504.00
Central Air Conditioner3,500W$1635.20
Space Heater1,500W$700.80
Portable Air Conditioner1,400W$654.08
Window AC Unit1,200W$560.64
Dehumidifier600W$420.48
Ceiling Fan75W$52.56

Kitchen

ApplianceWattsAnnual Cost
Refrigerator150W$210.24
Electric Oven2,500W$146.00
Dishwasher1,800W$105.12
Air Fryer1,500W$43.80
Instant Pot / Pressure Cooker1,000W$29.20
Microwave1,200W$17.52
Coffee Maker900W$13.14

Laundry

ApplianceWattsAnnual Cost
Clothes Dryer (Electric)5,000W$292.00
Washing Machine500W$29.20

Electronics

ApplianceWattsAnnual Cost
Gaming PC500W$116.80
Desktop Computer200W$93.44
Game Console (PS5/Xbox Series X)200W$35.04
Television (55" LED/OLED)100W$29.20
Laptop50W$23.36
Computer Monitor40W$18.69
Wi-Fi Router12W$16.82

Lighting

Bathroom

ApplianceWattsAnnual Cost
Electric Water Heater4,500W$788.40
Hair Dryer1,800W$17.87

Outdoor

ApplianceWattsAnnual Cost
Electric Vehicle Charger (Level 2)7,200W$1681.92
Pool Pump1,500W$700.80
Hot Tub / Spa3,000W$700.80

Home Office

ApplianceWattsAnnual Cost
Crypto Mining Rig1,500W$2102.40
Laser Printer600W$3.50

Tips for Reducing Energy Costs

  • Target the biggest consumers first. HVAC, water heating, and clothes dryers account for 60%+ of most electricity bills. Even a 10% reduction in these areas saves more than eliminating small electronics entirely.
  • Reduce usage hours, not just wattage. A programmable thermostat, timers on pool pumps, and sleep modes on electronics all cut the hours your appliances draw power.
  • Upgrade strategically. Replacing a 15-year-old refrigerator with an Energy Star model saves $100+/year. Focus upgrades on appliances you use heavily.
  • Check your electricity rate. Your state electricity rate dramatically affects costs. Residents in Hawaii pay 4x more than Idaho residents for the same usage.
  • Consider solar. If your annual appliance costs exceed $2,000, solar panels may pay for themselves in 5-8 years and eliminate most of your bill.

Related Guides

Frequently Asked Questions

Which home appliance uses the most electricity?

Electric furnaces, EV chargers, and central air conditioners are typically the most expensive appliances to operate. An electric furnace can cost over $3,500 per year, while central AC costs around $1,600 annually at average rates.

What is the cheapest appliance to run?

LED light bulbs, Wi-Fi routers, and laptop computers are among the cheapest to run. An LED bulb costs about $2.63 per year, and a Wi-Fi router costs roughly $17 per year despite running 24/7.

How do I calculate my appliance's annual electricity cost?

Multiply the wattage by hours used per day, divide by 1,000 to get kWh, then multiply by your electricity rate and 365 days. For example: 1,500W x 8 hrs / 1,000 x $0.16 x 365 = $700.80/year.

Does turning off appliances save money?

Yes. Even reducing usage by one hour per day on a high-wattage appliance like a space heater (1,500W) saves about $88 per year. Using smart power strips to eliminate phantom loads can save $100-200 annually.