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Minnesota vs New Jersey Electricity Rates (2026)

Minnesota has 15.4% cheaper electricity than New Jersey. Minnesota residents pay 15.63¢/kWh compared to 18.48¢/kWh in New Jersey, saving about $2.00/month on average.

Minnesota

15.63¢

per kWh

$119/mo

New Jersey

18.48¢

per kWh

$121/mo

Detailed Rate Comparison

MetricMinnesotaNew JerseyNational Avg
Residential Rate15.63¢/kWh18.48¢/kWh17.22¢/kWh
Commercial Rate12.55¢/kWh14.02¢/kWh-
Industrial Rate9.15¢/kWh12.05¢/kWh-
Avg Monthly Bill$119$121$134
Renewable Energy29.0%8.0%~22%
Primary SourceWindNatural Gas-

Appliance Running Costs: Minnesota vs New Jersey

Monthly cost to run common household appliances in each state.

ApplianceMNNJSavings
Air Purifier$5.63$6.65MN saves $1.03
Blender$0.19$0.22MN saves $0.03
CFL Bulb (13W)$0.49$0.58MN saves $0.09
Cable / Satellite Box$3.94$4.66MN saves $0.72
Ceiling Fan$4.22$4.99MN saves $0.77
Central Air Conditioner$131.29$155.23MN saves $23.94
Chest Freezer$9.00$10.64MN saves $1.64
Clothes Dryer (Electric)$14.07$16.63MN saves $2.56
Coffee Maker$1.06$1.25MN saves $0.19
Crypto Mining Rig$168.80$199.58MN saves $30.78
Dehumidifier$16.88$19.96MN saves $3.08
Desktop Computer$7.50$8.87MN saves $1.37
Dishwasher$8.44$9.98MN saves $1.54
Electric Baseboard Heater$46.89$55.44MN saves $8.55
Electric Fireplace$26.26$31.05MN saves $4.79

Bottom Line: Minnesota vs New Jersey

Minnesota is the more affordable state for electricity, with rates 15.4% lower than New Jersey. An average household would save about $24.00/year by living in Minnesota.

Minnesota gets its electricity primarily from Wind with 29.0% renewable, while New Jersey relies on Natural Gas with 8.0% renewable.

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Frequently Asked Questions

Is electricity cheaper in Minnesota or New Jersey?

Electricity is cheaper in Minnesota at 15.63¢/kWh compared to New Jersey at 18.48¢/kWh. That's a 15.4% difference, saving about $2.00/month on an average residential bill.

What is the average electricity bill in Minnesota vs New Jersey?

The average monthly electricity bill is $119 in Minnesota and $121 in New Jersey. The national average is $134.

Which state uses more renewable energy, Minnesota or New Jersey?

Minnesota has a higher renewable energy percentage at 29.0%, compared to 8.0% in New Jersey.

What are the main energy sources in Minnesota and New Jersey?

Minnesota primarily uses Wind, while New Jersey relies on Natural Gas.

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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)