The cheapest induction stove at Best Buy is the Bosch 500 Series, as of 2015. The cheapest induction stove at Lowe's is the GE Profile smooth surface cooktop. The Bosch 500 is the most affordable induction option on both sites.
The Bosch 500 at Best Buy features four burners with different size cooking surfaces in order to match all pan sizes. There are two 6-inch burners, a 9-inch burner and an 11-inch burner. There is a SpeedBoost feature that makes water boil quickly, and the cooktop has a timer and automatic shut off. For safety, there is a child lock and indicator lights that show when the surface is hot. Though this cooktop is not available in stores, it can be ordered directly from the Best Buy website and delivered to most areas.
The GE Profile also features four burners and electronic touch controls. This cooktop has 19 different control settings, allowing for a controllable cooking experience. There is a sensor that turns the burners off if a pan is not present and up-front controls with easy-to-read graphics. When the heating element is on, an indicator light is shown for safety, and a light shines when the burner is hot. This cooktop is highly reviewed with 4.7 stars out of 5 stars.