How Much Does a Stove or Oven Cost?

The kitchen is often called the heart of the home, and it wouldn't be considered the center of things without a functioning stove to create delicious meals. While ovens and stoves are essential to every home, choosing the right appliance for your family is not simple. Among other considerations, you'll need to decide which fuel is right for you and how much you want to spend. Ovens and stoves can range in price from about $600 to $3,000, depending on your chosen specifications.¹ Not sure where to start? Here's what you need to know about selecting an oven or stove.

First, what is the difference between a stove and an oven? An oven is an insulated box that heats up and can be used for baking and cooking.²
You may also see the word "stovetop" or "cooktop" in your research; this refers to a flat surface with elements that heat up. You can use pots and pans to cook on a stovetop or cooktop.

Finally, we have stoves (also called ranges), which combine both the function of an oven for baking and cooking and a stovetop/cooktop.

The biggest difference between the type of stove or oven you choose is how the heating works, and the fuel type. Here are the most common types of stoves and ovens by fuel type.

Gas stoves and ovens use combustion to produce the heat that cooks your food. Most gas stoves use either propane or natural gas. You'll turn a knob to trigger the release of burning gas, and an integrated ignitor will spark a flame. The knob controls the intensity (and heat) of the flame.
Gas stoves are popular because they are highly responsive.³ The temperature of your cooktop will increase or decrease almost instantly with a turn of the knob, which allows for better temperature control.
That said, gas stoves and ovens have some safety risks.⁴ Studies have found that natural gas leaks from stoves can contain benzene, which is carcinogenic. Cooking with natural gas can also create fine particulate matter, worsening breathing problems.
also create fine particulate matter, worsening breathing problems.
There are basic, mid-range and high-end models of gas stoves. Basic models will usually be 30 inches wide and include four burners and an oven, while mid-range and high-end models may have extra features like:¹

• An extra burner or two
• An extra oven, sometimes called a warming oven
• Steam clean functionality
• An extra-wide cooktop
• Smart-home functionality and app integration
• Quick boil functionality
• Unique colors like gold, rose gold, black and even red!

If using combustion to create your culinary delights isn't ideal, you can choose electricity as an energy source for your stove or oven. About 68% of U.S. households have an electric stove.⁵ These types of stoves are popular for their versatility and safety.
When choosing an electric stove, you can choose from two types of cooktops: coil or smooth-top. Coil stovetops are commonly available on lower-cost or budget stoves. They use electric wires encased in circular metal tubing to create the heat you use to cook your food in a frying pan or a pot. These stovetops are very durable, and the coils are easy to maintain or replace if they malfunction.⁶
Another common cooktop style is a smooth-top stove, sometimes also called a flat-top or glass-top stove. These stovetops have electric coils underneath a strong, smooth ceramic or glass surface. Smooth-top stoves are easier to clean than coil stovetops but tend to be more expensive.⁶
Finally, you can choose a convection oven. Convection ovens operate similarly to traditional electric ovens but with the addition of a fan and vent system to help circulate heat and ensure food cooks evenly and quickly.⁷

A final type of cooktop is an induction stovetop, which is usually combined with an electric oven. Induction stovetops still require electricity like standard electric stovetops, but use a different method to heat your food. Instead of heating electric elements, which in turn heat your pan, induction stovetops use electric currents to heat your pan directly.⁸
The significant benefit of an induction stovetop is that you can change the temperature quickly, which makes it easier to cook precisely. An induction stovetop can give you the benefit of cooking with the responsiveness of gas—without using combustion or natural gas in your home.

Induction cooktops only work with certain metals (like cast iron and steel), so you may need to replace some of your cookware. In addition, induction stove tops tend to be more expensive than traditional electric ones.

Dual fuel ranges combine a gas stovetop with an electric oven. They provide the responsiveness of cooking with gas with the dry, consistent heat of an electric oven. Electric ovens are often better for baking, as the heat they supply is even and dry.⁹
These stoves are less common, and you'll need to ensure your stove alcove has a specialized outlet for the electric oven and a dedicated gas line for the gas cooktop. If your kitchen isn't equipped with both, you'll need to hire a professional to add the missing element.

Like other kitchen appliances, budget and high-end options can be very different. The table below outlines what you can expect to spend at both ends of the spectrum, and which brands to consider depending on your budget.

Beyond the stove or oven, your purchase usually comes with extra costs, so it's important to budget accordingly and avoid surprises. Here are some typical costs you might encounter when buying a stove or oven:

• Installation fees: If your new oven is a direct replacement electric oven, it may cost $0 to install—simply plug it in. Adding a gas connection or installing a wall oven is more expensive. Expect to pay an average of $2,000 to install a built-in wall oven.¹¹
• Delivery charges: Some retail stores offer free appliance delivery, while others may charge a nominal fee of $100. If your delivery is complicated or you need the stove delivered directly to your kitchen, you might pay more. Make sure to inquire about delivery charges when placing your order.
• Extended warranties: The average cost for extended appliance warranties is between $20 and $500 per year. You'll usually buy these warranties through the retailer, the manufacturer or a third-party company.¹²

Ovens and stoves are a huge source of energy use in your household, but you can reduce your energy consumption by making smart choices about which stove or oven you purchase. Consuming less energy is good for the environment, and it can save you money on utility bills. Here's how to choose an energy-efficient oven or stove:¹³

• Ensure the stove or oven is ENERGY STAR certified
• Consider a convection oven, which uses 20% less energy each month
• Choose an induction stovetop, which heats your pans instantly, reducing electricity consumption
• Buy a gas oven, as electric ovens require three times as much energy to deliver the same heat to your food when compared to a gas oven

For most homeowners, purchasing this essential kitchen appliance will depend on two main factors: cost and fuel/energy source. For example, if you don't already have a gas connection for your oven, it may be expensive to add one, and an electric stove would be more straightforward to install.
Next, you'll need to consider your budget. Stoves and ovens vary in price from about $600 to $3,000, depending on the features and functions you choose.¹ Fortunately, many reputable manufacturers make stoves and ovens to suit just about any budget and lifestyle, so you can find one with the features you're looking for at a price you can afford.
The Synchrony HOME Credit Card can help you purchase new appliances and other items you need for your home. Use the Synchrony HOME locator to find Synchrony HOME retail partners in your area that sell appliances. And be sure to visit the Synchrony Marketplace to find available offers from Synchrony HOME retail partners.