Best Budget Induction Ranges
These stellar stoves heat fast, simmer steadily, and don’t break the bank
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Induction cooking has been around for generations, but only in recent years have the prices of induction ranges shrunk considerably. And with incentives from the Inflation Reduction Act passed last year (you can get rebates of up to $840 for the purchase of a new electric range, including induction), replacing an old range with an induction model seems more worthwhile than ever.
How We Pick the Best Budget Induction Ranges
All of the models below are great options for the budget-minded, offering solid induction performance for under $1,500. In addition to excellent value, they have the following in common:
- They heat fast. Each of these models can bring 4 liters of room-temperature water to a near-boil in 10 minutes or less, faster than any gas stove currently in our ratings.
- They simmer steadily. These budget induction ranges maintain remarkably steady simmer and melt temperatures, ideal for warming tomato sauce or melting chocolate without the need for a double boiler.
- They bake beautifully. All of the ranges here feature ovens capable of baking evenly from rack to rack and consistently from one batch of cakes or cookies to the next.
- They broil well. Not only do the broilers on these models heat evenly (perfect for melting the cheese over a lasagna or tray of baked ziti) but they also get really hot and are capable of searing meat without overcooking it in the middle.
- They’ve got big ovens. The ovens on the ranges featured here are spacious enough to hold a lot of food, and they offer plenty of usable cooking space, with ample rack positions.
How Consumer Reports Tests Budget Induction Ranges
We test budget induction ranges the same way we test all ranges: by using a combination of calibrated time and temperature measurements that assess how evenly an oven distributes heat and how quickly a cooktop warms water or how steadily it maintains a simmer.
We also cook different food to see what results you’ll get at home, most notably by baking more than 2,400 cookies and 400 cakes each year in the course of range testing, to see which models actually deliver where it counts.
Best Budget Induction Ranges
The three models here exemplify the best of what induction has to offer without costing an arm and a leg. All offer top-tier heating and simmering, great baking, and average or better predicted reliability (where data is available).