EIA data through August 2026 · updated 2026-10-29

Home heating costs by state

U.S. average this week (Oct 26, 2026): heating oil $6.23/gal (+73.3% y/y), propane $2.73/gal (+12.2% y/y). Natural gas averaged $14.85/Mcf last winter and electricity 17.7¢/kWh.

Heating oil$6.23/galOct 26, 2026 · +73.3% y/y
Propane$2.73/galOct 26, 2026 · +12.2% y/y
Natural gas$14.85/Mcfwinter 2025–26 avg.
Electricity18.2¢/kWhAugust 2026 · +3.4% y/y

Cheapest way to heat a home in the U.S.

cost of the same amount of heat
Heat sourcePrice usedPer million BTU of heatPer winter
Natural gas cheapest$14.85/Mcf · winter 2025–26 avg.
$15.91
$795
Heat pump17.7¢/kWh ÷ COP 2.5
$20.77
$1,038
Propane$2.73/gal · Oct 26, 2026
$33.15
$1,658
Electric resistance17.7¢/kWh · winter 2025–26 avg.
$51.92
$2,596
Heating oil$6.23/gal · Oct 26, 2026
$52.95
$2,647

How we compare: fuel price ÷ (energy content × efficiency). Assumptions — heating oil 138,500 BTU/gal at 85%, propane 91,500 BTU/gal at 90%, natural gas 1,037,000 BTU per Mcf at 90%, electric resistance 100%, heat pump seasonal COP 2.5 (lower in very cold weather). Gas and electricity use last winter's average price; oil and propane the latest weekly survey. Delivery fees, tank rental and fixed charges vary and are not included.

Heat pump or gas? State by state

running cost this winter

A heat pump is clearly cheaper to run in 7 states, about the same in 9, and gas (or oil/propane) is cheaper in 34.

Heat pump 30%+ cheaper 1Heat pump 10–30% cheaper 6About the same (±10%) 9Gas 10–40% cheaper 10Gas 40%+ cheaper 24

Each state compares the running cost of a heat pump (seasonal COP 2.5) with a 90% gas furnace, at the state's average winter prices. The label is the heat pump's cost difference: −35% means it is 35% cheaper to run than gas. States without gas data are compared with the cheaper of heating oil and propane. Equipment and installation costs are not included.

All states

Alabama—$3.63$17.3216.3¢Natural gas $18.56
Alaska——$13.0226.0¢Natural gas $13.95
Arizona——$18.4915.7¢Heat pump $18.38
Arkansas—$2.48$21.6012.9¢Heat pump $15.08
California——$22.4231.8¢Natural gas $24.02
Colorado—$2.37$10.9116.4¢Natural gas $11.69
Connecticut$6.15$4.32$17.4928.3¢Natural gas $18.74
Delaware$6.43$3.81$17.0717.3¢Natural gas $18.29
District of Columbia——$16.3323.9¢Natural gas $17.49
Florida—$4.97$23.2715.6¢Heat pump $18.27
Georgia—$3.28$16.8314.3¢Heat pump $16.80
Hawaii——$55.9541.4¢Heat pump $48.50
Idaho—$2.69$7.1412.4¢Natural gas $7.65
Illinois—$1.95$10.6417.7¢Natural gas $11.40
Indiana$6.50$2.62$11.0516.6¢Natural gas $11.84
Iowa$5.89$1.75$10.2013.0¢Natural gas $10.93
Kansas—$2.10$13.8914.8¢Natural gas $14.89
Kentucky$5.87$2.84$14.5713.9¢Natural gas $15.61
Louisiana——$18.7712.9¢Heat pump $15.18
Maine$6.04$3.68$18.0629.9¢Natural gas $19.35
Maryland$6.42$3.86$16.6420.8¢Natural gas $17.82
Massachusetts$6.25$3.72$25.4730.8¢Natural gas $27.29
Michigan$6.19$2.46$10.6720.0¢Natural gas $11.44
Minnesota$5.95$2.05$10.7715.3¢Natural gas $11.54
Mississippi—$3.15$15.6614.9¢Natural gas $16.78
Missouri—$2.23$15.1212.4¢Heat pump $14.57
Montana—$2.18$8.7813.0¢Natural gas $9.41
Nebraska$5.72$1.82$11.4111.9¢Natural gas $12.23
Nevada——$10.1114.1¢Natural gas $10.83
New Hampshire$6.07$3.90$19.3026.7¢Natural gas $20.68
New Jersey$6.38$4.10$14.2823.1¢Natural gas $15.30
New Mexico——$10.5214.9¢Natural gas $11.27
New York$6.44$3.79$17.0728.1¢Natural gas $18.29
North Carolina$5.84$3.64$18.4414.5¢Heat pump $16.97
North Dakota—$1.75$8.8011.5¢Natural gas $9.43
Ohio$6.41$2.70$12.4317.8¢Natural gas $13.32
Oklahoma—$2.38$14.2613.0¢Heat pump $15.20
Oregon——$16.5715.0¢Heat pump $17.55
Pennsylvania$6.05$3.21$14.9220.3¢Natural gas $15.98
Rhode Island$6.40$4.12$22.2430.3¢Natural gas $23.83
South Carolina——$16.9415.7¢Natural gas $18.15
South Dakota—$1.95$9.7913.4¢Natural gas $10.49
Tennessee—$3.28$12.8813.5¢Natural gas $13.80
Texas—$3.18$20.9715.8¢Heat pump $18.58
Utah—$2.46$10.8413.1¢Natural gas $11.62
Vermont$6.09$3.93$16.8423.6¢Natural gas $18.04
Virginia$6.04$3.79$15.2516.0¢Natural gas $16.34
Washington——$16.7313.9¢Heat pump $16.30
West Virginia———15.2¢Heat pump $17.77
Wisconsin$6.14$2.01$11.4518.3¢Natural gas $12.27
Wyoming——$10.9613.2¢Natural gas $11.74

The EIA surveys heating oil in 22 states and propane in 38; “—” means the state is not in the survey. Weekly data October–March, published Wednesdays.

Questions

How much is heating oil right now?

The U.S. residential average was $6.23 per gallon on Oct 26, 2026 (+73.3% vs. a year earlier) in the EIA weekly survey.

How much is propane right now?

The U.S. residential average was $2.73 per gallon on Oct 26, 2026 (+12.2% vs. a year earlier).

Is a heat pump cheaper than a gas furnace?

At U.S. average prices a heat pump with a seasonal COP of 2.5 delivers heat for $20.77 per million BTU against $15.91 for a 90% gas furnace, $33.15 for propane and $52.95 for heating oil. It varies a lot by state — see the map.