Induction is not perfect. We bought an induction burner that we use in conjunction with our gas stove and ideally I want a range that is half induction, half sealed electric, and has one long gas burner that has grill and griddle options. Induction is much faster and can even be set to hit a specific temperature, but it also power cycles just like standard electric. So, if we need to maintain a constant temp for something like simmering, we’ll start on induction and then move to gas for simmering.
Induction also requires ferromagnetic cookware, so not only is the stove extra expensive, but it requires more expensive cookware.
Induction is also noisier. Not only are there electric fans cooling the electronics, but if your pot is not perfectly centered you may get a hum or buzzing sound from the induction coil.
Induction also draws a stupid amount power while it is in use. Overall it uses that power more efficiently, but it does not play nicely with other appliances on the same circuit. Also, if you have an older house, you need to make sure you wiring, breakers, and circuit box are able to handle an induction range before you run out and buy one. Overall we use the hell out of our induction burner, but we still use the gas burners enough that it doesn’t make sense for us to spend the serious remodeling money we would need to pay to move to an all induction setup.