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A dryer is one of the least energy efficient appliances in a home and can easily account for 10% or more of energy usage. However, the concern over its cost is often somewhat exaggerated, as neither electric nor gas dryers cost more than $100 to $150 a year to operate â depending on local electricity and gas prices. This makes the appliance much cheaper to run than, for example, an electric water heater or refrigerator.
1 On average, a gas dryer can cost $250 to $800 for a higher end model. 2  Generally, the more gadgets you want, as well as the more space you want inside of the dryer, the more you are going to have to pay. 3  A GE gas dryer with a 6 cubic feet capacity with basic features can run from $400 to $500. On average, a gas dryer can cost $250 to $800 for a higher end model. 2  Generally, the more gadgets you want, as well as the more space you want inside of the dryer, the more you are going to have to pay. 3  A GE gas dryer with a 6 cubic feet capacity with basic features can run from $400 to $500.