The catch, of course, is that electricity costs different amounts depending on where you live. If you are in an area with super-cheap gas, induction might not save you much cold hard cash. But it’s rarely a lot more expensive.
How Much Does an Induction Hob Cost to Run? (2026 UK)
Let’s do a quick, non-scary math moment. The average cost to run an induction hob for one hour on high heat is about thirty to forty cents. For context, running a gas hob for an hour might be twenty to thirty cents. The difference is basically the loose change in your couch cushions.
And remember: induction finishes cooking faster. So that hour of cooking might really be forty-five minutes. That brings the cost down again. It’s like getting a faster car that also uses less gas—weird, but true.
The "Messy Pan" Factor
Here’s another sneaky saving: induction is crazy easy to clean. Spilled tomato sauce? Wipes off with a damp cloth. No scrubbing burnt-on crud for ten minutes.
Why does that matter for your wallet? Because you aren’t running the dishwasher extra cycles or buying expensive cleaning sprays. You also aren’t ruining pans—induction heats evenly, so no warped bottoms or scorched handles.
I once melted a plastic spatula on a gas burner. On induction, if you leave a spatula on the cool glass, it just sits there. The pan gets hot, not the surface around it. That means fewer kitchen disasters and fewer trips to the store for replacement gear.