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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