Doubly so for people like me who don't have a 220V line to the kitchen (and we would need a new breaker panel to install one; we looked into getting an induction top when we moved in).

Part of the cost factor is that it's pretty easy to find (even quite good) gas stoves on the used or factory dent-n-ding market. Electric, even easier. Induction, not so much. That can mean in effect 4x or more the price, for a similar-quality stove (effects on air quality aside).

Retail prices do also seem to be somewhat more expensive at similar feature/"trim" levels, too. Unless that's changed since the last time I was thinking about this (maybe a year ago).

I have a GE cafe induction and have no complaints. I'm not any kind of chef or anything.