Yes Indeed Electric heat is way more expensive than heating your home with natural gas.
I used to have an electric forced air furnace in my home and my electric bills were extremely high and the house was barely warm in the winter.
The electric furnace costed me $15.00 to $25.00 per day during the winter.
It was less during the cooler months but when we got into January and February then it costed me $25.00 per day to run and that's expensive for lukewarm heat.
So at $15.00 per day the electric furnace was costing me $450.00 per month and at $25.00 per day it was costing me $750.00 per month which is insane.
A years of electric bills for that electric furnace paid for a new natural gas furnace to be installed and I had money leftover and I'm glad I did have a natural gas furnace installed because I save a lot of money now and stay much warmer.
My heating bill now ranges from $150.00 to $200.00 per month with natural gas and I stay much warmer.
So if you have the option to install natural gas then use natural gas for your heating source since natural gas is much cheaper while electric prices are going up to an insane amount.