Electricity Cost in 55124 55124, MN
Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)
15.63¢
per kWh
$119
avg monthly bill
$1428
annual cost
1.5%
energy burden
Rate Comparison
| Location | Rate (¢/kWh) | Monthly Bill |
|---|---|---|
| 55124 55124 | 15.63¢ | $119 |
| Minnesota (state avg) | 15.63¢ | $119 |
| National Average | 17.22¢ | $134 |
Energy Burden
Households in 55124 55124 spend approximately 1.5% of their median income ($97,588/year) on electricity. The U.S. Department of Energy considers an energy burden above 6% to be "high." At 1.5%, this ZIP code is within the affordable range.
Appliance Running Costs in 55124
| Appliance | Watts | Monthly Cost |
|---|---|---|
| Air Purifier | 50W | $5.626799999999999 |
| Blender | 400W | $0.18755999999999998 |
| CFL Bulb (13W) | 13W | $0.487656 |
| Cable / Satellite Box | 35W | $3.93876 |
| Ceiling Fan | 75W | $4.2200999999999995 |
| Central Air Conditioner | 3500W | $131.292 |
| Chest Freezer | 80W | $9.00288 |
| Clothes Dryer (Electric) | 3000W | $14.067 |
| Coffee Maker | 900W | $1.0550249999999999 |
| Crypto Mining Rig | 1500W | $168.804 |
Based on 15.63¢/kWh electricity rate and typical daily usage hours.
Other ZIP Codes in Minnesota
Frequently Asked Questions
What is the average electricity rate in 55124 55124?
The average residential electricity rate in 55124 55124, MN is 15.63¢ per kWh, which is near the national average of 17.22¢/kWh.
How much is the average electric bill in 55124?
The estimated average monthly electricity bill in 55124 55124 is $119, or about $1428 per year.
What is the energy burden in 55124?
The energy burden in 55124 55124 is approximately 1.5% of median household income ($97,588/year).