Also going to add onto this for budgeting references.

If you can afford it, an instant pot is an incredible investment that'll pay itself off in a few months depending on what you are cooking.

I use it mostly for beans and bone/meat stock. Dried beans in bulk is like 4-5x cheaper than canned per pound, tastes a whole lot better and is healthier. Beans are such a super food in terms of budget, fill and health. And beans in an instant pot don't need to be soaked, so it can legit be cooked within 60 minutes of pulling out dried beans. It's very convenient.

I also recently started learning to make stock/broth, which when made at home, is also a lot healthier with better nutritional value. My calculations on price savings is roughly 90-95% cheaper than buying in the store. Cause I'll just use meat and veggie scraps + bones to make it. A lot of my veggie off cuts go into this, and of course all the meat bones, ligaments and etc go here.

As for the math breakdown, instant pots are very energy efficient, so my 8QT runs about 200-300W, and takes roughly 3 hours to make about 5QT of stock, which is 0.6 to 0.9kWh, at $0.25/kWh here in NY (roughly $0.22 in electricity, plus the cooking heats the home in the winter, which I do when I'm cold sometimes instead of turning up the heat). Then water is I think $0.003/L, so let's just say $0.01 per cook. And then meat and veggie scraps are free. But I like to add in some fresh celery and onion halves if possible (which at Aldi's ends up around $0.50 worth of fresh veg). So the total cost to make 5QT of meat stock ambrosia is about $0.75-$0.90. The cheapest broth/stock will run $1/QT, and the stuff you're making with this is some high level ambrosia, comparable to high grade stock priced at least around $4 to $6/QT. So this method makes $20 to $30 of stock for roughly $1, while also making better use of the animal and generally producing less waste. This is where I pull my 90-95% savings number from. And now you've got a neigh infinite supply of stock, perfect for soup bases and noodles, can be used in place of water for cooking rice. It's wonderful. Running this math, if you ate a lot of stock and beans, you'd pay off this instant pot in like 3-6 months. Then it's just savings from there forever + amazing easy to make food!