Iowa vs Michigan Electricity Rates (2026)
Iowa has 21.7% cheaper electricity than Michigan. Iowa residents pay 15.14¢/kWh compared to 19.34¢/kWh in Michigan, saving about $2.00/month on average.
Iowa
15.14¢
per kWh
$128/mo
Michigan
19.34¢
per kWh
$126/mo
Detailed Rate Comparison
| Metric | Iowa | Michigan | National Avg |
|---|---|---|---|
| Residential Rate | 15.14¢/kWh | 19.34¢/kWh | 17.22¢/kWh |
| Commercial Rate | 13.27¢/kWh | 14.59¢/kWh | - |
| Industrial Rate | 7.45¢/kWh | 9.14¢/kWh | - |
| Avg Monthly Bill | $128 | $126 | $134 |
| Renewable Energy | 62.0% | 12.0% | ~22% |
| Primary Source | Wind | Natural Gas | - |
Appliance Running Costs: Iowa vs Michigan
Monthly cost to run common household appliances in each state.
| Appliance | IA | MI | Savings |
|---|---|---|---|
| Air Purifier | $5.45 | $6.96 | IA saves $1.51 |
| Blender | $0.18 | $0.23 | IA saves $0.05 |
| CFL Bulb (13W) | $0.47 | $0.60 | IA saves $0.13 |
| Cable / Satellite Box | $3.82 | $4.87 | IA saves $1.06 |
| Ceiling Fan | $4.09 | $5.22 | IA saves $1.13 |
| Central Air Conditioner | $127.18 | $162.46 | IA saves $35.28 |
| Chest Freezer | $8.72 | $11.14 | IA saves $2.42 |
| Clothes Dryer (Electric) | $13.63 | $17.41 | IA saves $3.78 |
| Coffee Maker | $1.02 | $1.31 | IA saves $0.28 |
| Crypto Mining Rig | $163.51 | $208.87 | IA saves $45.36 |
| Dehumidifier | $16.35 | $20.89 | IA saves $4.54 |
| Desktop Computer | $7.27 | $9.28 | IA saves $2.02 |
| Dishwasher | $8.18 | $10.44 | IA saves $2.27 |
| Electric Baseboard Heater | $45.42 | $58.02 | IA saves $12.60 |
| Electric Fireplace | $25.44 | $32.49 | IA saves $7.06 |
Bottom Line: Iowa vs Michigan
Iowa is the more affordable state for electricity, with rates 21.7% lower than Michigan. An average household would save about $24.00/year by living in Iowa.
Iowa gets its electricity primarily from Wind with 62.0% renewable, while Michigan relies on Natural Gas with 12.0% renewable.
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Frequently Asked Questions
Is electricity cheaper in Iowa or Michigan?
Electricity is cheaper in Iowa at 15.14¢/kWh compared to Michigan at 19.34¢/kWh. That's a 21.7% difference, saving about $2.00/month on an average residential bill.
What is the average electricity bill in Iowa vs Michigan?
The average monthly electricity bill is $128 in Iowa and $126 in Michigan. The national average is $134.
Which state uses more renewable energy, Iowa or Michigan?
Iowa has a higher renewable energy percentage at 62.0%, compared to 12.0% in Michigan.
What are the main energy sources in Iowa and Michigan?
Iowa primarily uses Wind, while Michigan relies on Natural Gas.
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)