All calculators

Lifestyle

Electricity Cost Calculator

Enter the wattage, daily usage hours, and your electricity rate to see daily, monthly, and yearly cost estimates.

Appliance details

Live calculator output

Enter wattage, usage, and rate to see the cost estimate.

How it works

The formula converts watts to kilowatts, multiplies by hours used, and then multiplies by the electricity price per kWh. Daily cost = (Watts / 1000) × Hours × Price per kWh. Monthly and yearly estimates scale the daily cost by 30 and 365 days respectively. This is the same calculation your utility company uses to determine your electricity bill.

Practical example

A 1,500W space heater used 4 hours per day at $0.12/kWh: Daily cost = (1500/1000) × 4 × 0.12 = $0.72. Monthly = $21.60. Yearly = $262.80. An LED bulb (10W) used 8 hours/day costs only $0.35/month — showing why switching from incandescent (60W) saves over $2/month per bulb.

Frequently asked questions

Reusable FAQ content keeps each calculator page richer for users and search engines.

Where do I find the wattage?

Check the label on the appliance or its manual. It is usually listed in watts (W).

What is a kWh?

A kilowatt-hour is the energy used by a 1,000-watt appliance running for one hour.

Does this include standby power?

No. This only calculates cost while the appliance is actively running.

What is an average electricity rate?

US average is about $0.12-0.16/kWh. European rates are generally higher at €0.20-0.40/kWh. Check your utility bill for your exact rate.

Which appliances use the most electricity?

HVAC systems, water heaters, and electric dryers are typically the largest consumers. Space heaters and ovens also draw significant power.

Related calculators

Cross-link adjacent tools to support navigation and future internal linking strategy.

Unit Price Calculator

Calculate cost per unit from total price and quantity.

Fuel Cost Calculator

Estimate trip fuel usage and cost for one-way or round-trip journeys.

Savings Goal Calculator

Estimate months needed to reach a savings goal.