Heating Oil Prices in Indiana (Week of Oct 19, 2026)
Residential heating oil in Indiana averaged $6.05 a gallon for the week of Oct 19, 2026 (+5.3% in two weeks) – 2% below the US average and the 12th lowest of 21 states EIA surveys.
Source: EIA Heating Oil and Propane Update (weekly, excluding taxes). Updated automatically each week from October to March.
Cost to fill a tank in Indiana
| Delivery | Gallons | Cost at $6.05/gal |
|---|---|---|
| 275-gallon tank (fill from 1/4) | 200 | $1,210.60 |
| 275-gallon tank (full fill) | 250 | $1,513.25 |
| 330-gallon tank (fill from 1/4) | 240 | $1,452.72 |
Before sales tax, delivery minimums or small-delivery fees, which vary by dealer.
Cheapest way to heat in Indiana right now
| Heating system | Cost per million BTU of heat |
|---|---|
| Natural gas furnace (95%) | $11.66 |
| Heat pump (HSPF2 9, COP ≈2.6) | $18.86 |
| Propane furnace (90%) | $31.09 |
| Electric baseboard (COP 1) | $49.03 |
| Heating oil furnace (85%) | $51.42 |
Using Indiana's current averages for heating oil, propane, natural gas and electricity (16.73¢/kWh). Prices for natural gas in Indiana and electricity in Indiana. See also propane prices in Indiana.
Nearby states
Frequently asked questions
What is the price of heating oil in Indiana this week?
$6.05 per gallon on average for homes in the week of Oct 19, 2026, before taxes (EIA survey). That is 2% below the US average of $6.19, and +5.3% since Oct 5, 2026.
How much does it cost to heat with heating oil in Indiana?
At $6.05 a gallon, 500 gallons over a winter costs about $3,027 before tax. Actual use depends on the house, insulation and winter – check your past deliveries and enter them in the calculator.
Is heating oil cheaper than other heat in Indiana?
Per million BTU of heat, heating oil costs about $51.42 in Indiana this week. The cheapest option at current state averages is natural gas furnace (95%) at $11.66.
Source: EIA weekly residential heating oil prices. Heat comparison uses typical efficiencies and EIA state averages.