Typical price ranges
| Range Type | Average Price | Budget Entry | Premium Models |
|---|---|---|---|
| Electric | $500 – $1,000 | ~$500 | $1,500 |
| Gas | $700 – $1,500 | ~$400 | $2,500+ |
| Induction | $1,000 – $3,500 | ~$1,000 | $4,000+ |
Electric ranges are typically the cheapest to buy, while induction is the most expensive due to advanced components and magnetic heating tech.
Installation Cost
| Range Type | Install Factors | Typical Cost |
|---|---|---|
| Electric | 240V outlet | $0 – $200 |
| Gas | Gas line + venting | $200 – $800 |
| Induction | 240V + panel upgrade possible | $200 – $1,000 |
Gas often costs more to install because of plumbing and ventilation requirements.
Induction may require electrical panel upgrades in older homes.
Energy Efficiency (Operating Cost Driver)
| Range Type | Efficiency |
|---|---|
| Induction | ~85 to 90% |
| Electric | ~70 to 75% |
| Gas | ~35 to 45% |
Gas loses a large portion of heat to the air, while induction transfers energy directly into cookware.
Induction can be up to three times more efficient than gas.
Annual Operating Cost
Estimated household cooking usage:
| Range Type | Yearly Cost |
|---|---|
| Gas | ~$7 – $30 |
| Induction | ~$8 – $40 |
| Electric | ~$15 – $60 |
Example testing shows induction slightly above gas but below electric depending on utility rates.
Gas can be 10 to 30 percent cheaper to operate than electric in some markets.
Key variable: local gas vs electricity pricing.
Speed and Performance Cost Impact
Induction reduces cooking time:
• Boils water 2 to 4 minutes faster
• Transfers heat instantly
• Less wasted ambient heat
Faster cooking means less total energy used per meal.
Maintenance and Repair Costs
| Range Type | Maintenance |
|---|---|
| Electric | Lowest |
| Induction | Low |
| Gas | Highest |
Gas ranges include:
• Igniters
• Valves
• Gas lines
• Vent systems
Induction has fewer mechanical components and often lower repair frequency long term.
Ventilation and HVAC Cost Impact
Gas produces combustion heat and fumes, requiring stronger vent hoods.
Induction produces minimal ambient heat, reducing kitchen cooling loads and ventilation requirements.
This can indirectly lower HVAC costs in hot climates.
Cookware Replacement Cost
| Range Type | Cookware Requirement |
|---|---|
| Electric | Any |
| Gas | Any |
| Induction | Magnetic cookware only |
Induction may require replacing aluminum or copper cookware with induction-compatible sets.
10-Year Total Cost of Ownership (Typical)
| Cost Category | Electric | Gas | Induction |
|---|---|---|---|
| Purchase | $800 | $1,100 | $2,000 |
| Install | $100 | $500 | $400 |
| Energy | $500 | $350 | $300 |
| Repairs | $400 | $700 | $300 |
| 10-Year Total | $1,800 | $2,650 | $3,000 |
Ranges vary widely, but induction’s higher upfront cost is offset by efficiency and lower maintenance over time.
Manufacturer Links
Induction Range Brands
• Samsung → https://www.samsung.com/us/home-appliances/ranges/induction/
• LG Electronics → https://www.lg.com/us/ranges/induction-ranges
• Frigidaire → https://www.frigidaire.com/en/kitchen/ranges/induction-ranges
• Bosch → https://www.bosch-home.com/us/products/cooking-baking/induction-ranges
Gas Range Brands
• GE Appliances → https://www.geappliances.com/ge/ranges/gas-ranges.htm
• KitchenAid → https://www.kitchenaid.com/major-appliances/ranges/gas-ranges.html
• Whirlpool → https://www.whirlpool.com/kitchen/cooking/ranges/gas.html
Electric Range Brands
• Maytag → https://www.maytag.com/kitchen/cooking/ranges/electric.html
• Amana → https://www.amana.com/kitchen/cooking/ranges/electric.html
Real Cost Verdict
Cheapest upfront: Electric
Cheapest to operate: Gas or Induction (depends on utility rates)
Most energy efficient: Induction
Best long-term value: Induction for heavy cooks
