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Manufacturing costs in New York–Newark–Jersey City, NY-NJ

New York–Newark–Jersey City, NY-NJ ranks 3 of 100 U.S. metros by estimated manufacturing energy use. Industrial power in New York costs 10.54 ¢/kWh, +3.3% from a year earlier, and consumer prices in the New York index are +4.5% from a year earlier.

By Sam Strong, VP Business Development · Reviewed by Tara Dugger, COO · Data from FRED, BLS and EIA · Updated Nov 11, 2026

Rank by manufacturing energy use
3 of 100
Estimated manufacturing energy use
274.4 trillion Btu a year
Electricity
20,000 GWh a year (estimate)
Natural gas
206.0 million Dth a year (estimate)
Manufacturing jobs, 2024
330,600
Estimate confidence
Medium
New York industrial power, Aug 2026
10.54 ¢/kWh (+3.3% from a year earlier)
New York citygate gas, Apr to Aug 2026
$6.29 per Mcf (5 months reported)
Inflation, New York, Sep 2026
+4.5% from a year earlier; +11.7% over three years

Inflation in New York

  • New York
  • U.S. city average
Inflation in New York versus the U.S. city averageTwelve-month change in consumer prices for New York and the U.S. city average, 2018 to Oct 2026.0%+2%+4%+6%+8%+10%20182020202220242026New YorkU.S. city averageInflation in New York versus the U.S. city averageTwelve-month change in consumer prices for New York and the U.S. city average, 2018 to Oct 2026.0%+2%+4%+6%+8%+10%20182020202220242026New YorkU.S. city average

Industrial electricity in New York

  • New York industrial
Industrial electricity price in New YorkAverage industrial electricity price in New York, cents per kWh, monthly from EIA.4¢5¢6¢7¢8¢9¢10¢11¢12¢13¢201620182020202220242026New York industrialIndustrial electricity price in New YorkAverage industrial electricity price in New York, cents per kWh, monthly from EIA.4¢5¢6¢7¢8¢9¢10¢11¢12¢13¢201620182020202220242026New York industrial

New York power and gas

Other New York metros in the index

National cost drivers

WTI crude +67.6%, Henry Hub gas −6.3%, chemical producer prices +6.6% and industrial electricity producer prices +4.1% from a year earlier. See the full index.

Questions

Questions about New York–Newark–Jersey City.

What the index measures, where the numbers come from, and how Discovery Energy checks energy bills against them.

How much energy do manufacturers use in New York–Newark–Jersey City?

Discovery Energy estimates that manufacturers in the New York–Newark–Jersey City, NY-NJ metro use about 274.4 trillion Btu of electricity and natural gas a year, rank 3 of the 100 largest U.S. manufacturing energy metros.

What do manufacturers pay for electricity in New York–Newark–Jersey City?

The average industrial electricity price in New York was 10.54 cents per kWh in Aug 2026, +3.3% from a year earlier, according to EIA. Actual rates depend on the utility, tariff and load profile.

How fast are prices rising in New York–Newark–Jersey City?

Consumer prices in the New York index rose +4.5% over the latest twelve months reported by BLS. Nationally, crude oil is +68% and chemical producer prices +6.6% from a year earlier.

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