Iowa vs Minnesota: Electricity Rates & Average Bills
Side-by-side residential bills, cents-per-kWh, usage and 12-month trends — June 2026 EIA data.
Data through June 2026
EIA-826, verified Oct 11, 2026
The average residential bill in Iowa ($136.46/mo) runs $12.00/mo (10%) higher than Minnesota ($124.46/mo).
Iowa bill$136.46/mo#35 highest of 51
Minnesota bill$124.46/mo#43 highest of 51
US context$164.05/mostates median
The numbers, side by side
Latest month from EIA residential retail-sales data, plus each state's rank among tracked states.
| Measure | Iowa | Minnesota |
|---|---|---|
| Avg monthly bill | $136.46 | $124.46 |
| Price per kWh | 15.93¢ | 17.52¢ |
| Typical usage | 856 kWh/mo | 711 kWh/mo |
| Bill rank | Highest: #35 · Price: #29 | Highest: #43 · Price: #20 |
| Bill, 12-mo change | −21.2% | −20.1% |
Iowa bill trend
Average residential bill, last 12 months.
Minnesota bill trend
Average residential bill, last 12 months.
Common questions
Is Iowa or Minnesota more expensive for electricity?
Iowa is — the average residential bill there is $12.00/month higher than Minnesota's ($124.46/month).
How much bigger is Iowa's bill than Minnesota's?
About 10% higher — $136.46 vs $124.46 per month in the latest EIA data.
Bill = residential revenue ÷ customers; price = revenue ÷ sales. See the methodology and each state's page: Iowa · Minnesota.