WattCost

Data through April 2026

Cost to run · New Mexico · 15.2¢/kWh residential average

How much does it cost to run a refrigerator in New Mexico?

$52/yr · median certified model

Residential electricity in New Mexico runs 15.2¢/kWh — 20% under the U.S. average — putting the median certified refrigerator at about $52 a year, versus $65 nationally.

In the national ranking, New Mexico lands at 17 of 51 for what a refrigerator costs to run. At local rates, certified models span $6.36 (Fisher & Paykel RS2435V2) to $122 (Jenn-Air JS48PPDUDE) per year — $116 of annual headroom that depends entirely on which unit you buy. For reference, the national extremes are North Dakota (12.3¢/kWh) and Hawaii (46.6¢/kWh); the same median refrigerator would cost $43 and $161 a year there.

New Mexico
$52
US average
$65
North Dakota
$43
Hawaii
$161
Median certified refrigerator (345 kWh/yr) per year, at each rate

The cheapest refrigerators to run at New Mexico rates

Price any model at New Mexico rates

Your rate, your numbers

Per day
14¢
Per month
$4.36
Per year
$52

345 kWh/yr × 15.2¢/kWh = $52/yr

Prefilled with the median certified refrigerator (345 kWh/yr). Every model page on this site carries its exact certified figure.

Questions, answered with the data

How much does it cost to run a refrigerator in New Mexico?
About $52 a year for the median ENERGY STAR certified refrigerator, at New Mexico's average residential rate of 15.2¢/kWh — that's $4.36 a month.
Is electricity expensive in New Mexico?
New Mexico's residential average of 15.2¢/kWh is 20% below the U.S. average of 18.8¢/kWh, ranking 17 of 51 jurisdictions (1 = cheapest).
What's the cheapest refrigerator to run in New Mexico?
Among currently certified models, the Fisher & Paykel RS2435V2 costs the least at about $6.36 a year at New Mexico rates (42 kWh/yr).
How does New Mexico compare with other states?
The same median refrigerator costs $43 a year in North Dakota (the cheapest state) and $161 in Hawaii (the priciest). New Mexico sits at $52.

Keep digging

Rate source: US EIA, average residential price of electricity, see methodology.