EIA data, Annual 2024

Electricity cost in Minnesota

Electricity in Minnesota costs 15.45 cents per kWh (EIA, 2024), 6% less than the U.S. average. The average home bill is about $110 a month.

Price
15.45¢
per kWh, 2024
Average bill
$110
a month at 712 kWh
Rank
32 of 51
1 = cheapest
EV charging
$48
per 1,000 miles at home

Minnesota vs the U.S.

Electricity in Minnesota costs 6% less than the national average of 16.48 cents per kWh. Homes there use 17% less than the national average of 863 kWh a month, so the typical bill of $110 is 23% less than the U.S. typical bill of $142 (our calculation). Prices have kept rising since: the national average reached 18.31 cents in July 2026.

State¢ per kWhAvg bill / monthRank
West Virginia15.07$15530
Alabama15.18$17431
Minnesota15.45$11032
Illinois15.87$11033
Ohio15.99$13534
U.S. average16.48$142-

Source: U.S. Energy Information Administration, 2024 Average Monthly Bill, Residential (Electric Sales, Revenue, and Average Price, Table 5.a), released Oct 7, 2025. Bills and EV costs are our calculation (price × use; 310 kWh per 1,000 miles from fueleconomy.gov). Your utility's rates and fees may differ.

Ways to use this number

Compare it with the rate on your own bill, check what a new heat pump or furnace would cost to run before an HVAC replacement, or see whether an EV beats gas in Minnesota. For every monthly bill in one place, read our average utility bill guide or grab the free monthly budget planner.

Common questions

How much is electricity in Minnesota?

Homes in Minnesota paid an average of 15.45 cents per kWh in 2024, per the U.S. Energy Information Administration. That ranks 32 of 51 (1 = cheapest).

What is the average electric bill in Minnesota?

With average use of 712 kWh a month, the bill comes to about $110 a month, or $1,320 a year (our calculation from EIA data).

How much does it cost to charge an EV in Minnesota?

About $48 per 1,000 miles charging at home, using 31 kWh per 100 miles (2024 Chevrolet Equinox EV, fueleconomy.gov) and the Minnesota average price (our calculation).