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Toaster OvenCost: Purchase Price & Running Cost
A toaster oven (countertop oven) typically draws 1,200–1,800 watts when heating. Its small cavity and short preheat make it much cheaper to run than a full-size oven for small meals.
Average Purchase Price
$30–$300
Basic 4-slice to convection/air-fry combo models
watts
hrs/day
$/kWh
Daily Cost
$0.10
0.6 kWh
Monthly Cost
$2.88
18.0 kWh
Yearly Cost
$35.04
219.0 kWh
For perspective...
At $35.04/year, that's about $3 per month — roughly 7 gallons of gas per year.
Energy-Saving Tips for Your Toaster Oven
- Use it instead of the full oven for small meals — it uses 50-75% less energy
- The short preheat and small cavity are where the savings come from
- For large batches across several trays, a full oven can be more efficient per item