What the Magic Chef MCSDRY24W1 costs to run
ENERGY STAR certifies the Magic Chef MCSDRY24W1 at 317 kWh/yr, one of the cheaper models in its category to run for its category.
That $60 is priced at 18.8¢/kWh, the average of all 51 state rates this site tracks. Your own state's rate is one click away.
Efficient, or not, for a clothes dryer
Against the category average of 572 kWh/yr, this model uses 44.6% less, ranking 88 of 639 clothes dryers tracked here for running cost. That average is drawn from all 639 clothes dryers ENERGY STAR currently certifies, not an outside number, a $48/year gap from this model at the national rate. Full sourcing is in the sourcing notes.
Right next to it on the list
A rank or two either side of the Magic Chef MCSDRY24W1: Kenmore 8120# ($60/yr, 317 kWh/yr), then Marathon MVD420W ($60/yr, 317 kWh/yr).
Within the Magic Chef lineup
The Magic Chef MCSDRY24W1 is the only clothes dryer from Magic Chef that ENERGY STAR currently certifies, so there's no same-brand model to weigh it against here, only the full clothes dryer category.
Cost over its typical lifespan
Over the 12-year service life NAHB reports for this category, running the Magic Chef MCSDRY24W1 costs roughly $715 in electricity, separate from the purchase price.
Weighing a replacement
Efficient as certified clothes dryers go, $60/year is a reasonable baseline if you're comparing what else is on the market.
See what else is certified in this category before you decide.
If you're keeping it
At $60/year just to run, a clothes dryer is worth protecting against an unplanned repair bill on top of that.
Where this number comes from
Nothing here is estimated from a nameplate wattage; the 317 kWh/yr is ENERGY STAR's own certified figure for this model. Ranked 88 of 639 certified dryers for running cost, the Magic Chef MCSDRY24W1 is also worth reading with a caveat specific to this category: the methodology page explains why ENERGY STAR's own combined-energy figure for dryers can overstate the electric bill impact of a gas model.