The IRS allows you to take a loan for half the vested value of your 401(k) account, or $50,000, whichever amount is smaller.
Both gas and electric stoves are in essentially the same price range, depending on the brand and model. Generally, you'll spend $650 to $2,800 for an electric stove, and $800 to $2,300 for a gas stove, according to Consumer Reports. If you buy a lower-end electric stove, you may save money upfront, but the costs of operating that stove will start to add up the more you cook. According to the California Energy Commission, most Americans currently cook on an electric stove, and they may not be taking advantage of the greatest energy savings.
Here's a map of residential electricity prices, according to the Energy Information Administration. People in Hawaii pay the most for electricity, about 33 cents per kWh. A Hawaiian household whose electricity use was around the national average would have a monthly electric bill over $300.The high cost of crude oil used to generate the state's electricity is driving the price, EIA energy economist Tyler Hodge told me. Idaho had the lowest price, at about 8 cents per kWh.So the typical US household would pay about $73 for electricity each month in Idaho. Hawaiian household whose electricity use was around the national average would have a monthly electric bill over $300. The high cost of crude oil used to generate the state's electricity is driving the price, EIA energy economist Tyler Hodge told me. Idaho had the lowest price, at about 8 cents per kWh.