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To answer this question the size of the heater in watts is needed and what you pay per kWh in your location. The kWh rate should be available from your electrical bill.

Answer from Dave Baumert - see website below:

Portable Electric HeatersPortable electric heaters are perfect for heating smaller areas, rooms or garages. There are basically four types: quartz, infrared, ceramic and wire element. Infrared heaters have no fan thus no moving parts where the other three have fans to force air past their heating elements. These require no venting and can be used in enclosed areas. They are 100 percent efficient, that is , they output 100 percent of the energy that is input. Unlike vented gas heaters which exhaust a certain percentage of hot gas (energy) outdoors. They are relatively inexpensive to operate. Below is some information on how to calculate the cost to operate an electric heater:

First, you 'll need the Kilowatt Per Hour rate from your electric bill. This can be found by adding the energy cost and the distribution cost. For example last month mine was .093503/kwh.

Multiply the Watts of the heater (usually found on the back of the unit) by the Kilowatt per hour cost divided by one thousand. Below is an example for a 1500 Watt heater:

1500 W x .093503 KWH / 1000 = $0.14

This heater would cost about 14 cents per hour to operate or $3.37 a day. That is, if it runs continuously. Most heaters have thermostats and will cycle on and off thus reducing the total cost.

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Q: How much does it cost to run a small space heater in a month?
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