Heating Oil Prices in Minnesota (Week of Oct 19, 2026)
Residential heating oil in Minnesota averaged $5.92 a gallon for the week of Oct 19, 2026 (+3.1% in two weeks) – 4% below the US average and the 7th 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 Minnesota
| Delivery | Gallons | Cost at $5.92/gal |
|---|---|---|
| 275-gallon tank (fill from 1/4) | 200 | $1,183.20 |
| 275-gallon tank (full fill) | 250 | $1,479.00 |
| 330-gallon tank (fill from 1/4) | 240 | $1,419.84 |
Before sales tax, delivery minimums or small-delivery fees, which vary by dealer.
Cheapest way to heat in Minnesota right now
| Heating system | Cost per million BTU of heat |
|---|---|
| Natural gas furnace (95%) | $11.15 |
| Heat pump (HSPF2 9, COP ≈2.6) | $19.67 |
| Propane furnace (90%) | $24.47 |
| Heating oil furnace (85%) | $50.25 |
| Electric baseboard (COP 1) | $51.14 |
Using Minnesota's current averages for heating oil, propane, natural gas and electricity (17.45¢/kWh). Prices for natural gas in Minnesota and electricity in Minnesota. See also propane prices in Minnesota.
Nearby states
Frequently asked questions
What is the price of heating oil in Minnesota this week?
$5.92 per gallon on average for homes in the week of Oct 19, 2026, before taxes (EIA survey). That is 4% below the US average of $6.19, and +3.1% since Oct 5, 2026.
How much does it cost to heat with heating oil in Minnesota?
At $5.92 a gallon, 500 gallons over a winter costs about $2,958 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 Minnesota?
Per million BTU of heat, heating oil costs about $50.25 in Minnesota this week. The cheapest option at current state averages is natural gas furnace (95%) at $11.15.
Source: EIA weekly residential heating oil prices. Heat comparison uses typical efficiencies and EIA state averages.