Electricity Cost: New Mexico vs New York
New Mexico rate
15.29 ¢/kWh
New York rate
23.87 ¢/kWh
New Mexico 900 kWh bill
$137.61
New York 900 kWh bill
$214.83
Comparison
| State | Electricity rate | Estimated monthly bill |
|---|---|---|
| New Mexico | 15.29 ¢/kWh | $137.61 |
| New York | 23.87 ¢/kWh | $214.83 |
Difference Summary
Electricity in New York costs approximately 36% more than in New Mexico based on typical household electricity use.
Difference: $-77.22 (-35.9%) at 900 kWh/month
Monthly Bill Comparison
Related Pages
Frequently Asked Questions
- Which state has cheaper electricity: New Mexico or New York?
- New Mexico has cheaper electricity. At 900 kWh/month, the estimated bill is $137.61 in New Mexico vs $214.83 in New York—about 35.9% less.
- How much more expensive is electricity in New York?
- At 900 kWh/month, electricity in New York costs about $77.22 more per month than in New Mexico—roughly 35.9% higher.
- Why do electricity prices vary between states?
- Electricity prices vary due to generation mix (coal, gas, nuclear, renewables), transmission costs, regulations, taxes, and demand. States with more hydropower or natural gas often have lower rates; those relying on imported power or with higher renewable mandates may have higher rates.