Electric stove prices typically range from $650 to $2,800 for standard models, with most homeowners paying between $700 and $1,100 for a new electric range[1][5]. The average cost for a freestanding electric oven and range is around $600 to $1,300, while slide-in and drop-in models range from $800 to $2,000. Luxury and professional-grade models can cost anywhere from $2,000 to over $7,000, and high-end induction options may exceed $20,000[1][5].
Key price breakdowns include:
- Freestanding electric range: $600 – $1,300
- Slide-in oven/stove: $800 – $2,000
- Double-oven models: $1,300 – $4,300
- Electric cooktops (without oven): $400 – $1,300
- Built-in/wall ovens: $1,100 – $3,400
- Induction (premium models): $1,000 – $20,000+
Additional installation costs can affect the total price. A basic electric stove installation averages $160 with existing connections, but a new electrical circuit can add $250 to $900. Homeowners may qualify for rebates and tax credits (up to $840 in rebates and $4,000 in electrical upgrade credits) if switching from gas to electric under the Inflation Reduction Act[1].
Major retailers list popular models within this price range. For example:
- Amana 4.8 Cu. Ft. Freestanding Electric Range: $519.99
- GE 5.3 Cu. Ft. Freestanding Electric Range: $599.99
- Samsung Slide-In Induction Range (premium): often over $1,000
Features that influence cost include oven size, induction vs. radiant cooktops, convection baking, smart features, and self-cleaning modes[3][4][6].
In summary, most shoppers will find reliable electric stoves priced between $650 and $2,800, with higher costs associated with specialty features, larger sizes, or luxury designs[1][3][5]. Always factor in installation, possible rebates, and the value of higher-end features when budgeting for a new electric stove.
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