Natural Gas Price in New York (2025)
Natural gas in New York costs $1.70 per therm on average for homes ($17.58 per Mcf, 2025) – 15% above the US average and the 38th cheapest of 51 states and DC. The average customer's bill works out to about $127 a month over the year.
Source: EIA annual residential price (2025) and residential use per customer (2024). Latest monthly figure: $2.98/therm in July 2026 (monthly prices swing with the season).
Gas bill in New York by usage
| Monthly use | New York | At US average |
|---|---|---|
| 30 therms (29 ccf) | $50.86 | $44.38 |
| 60 therms (58 ccf) | $101.72 | $88.76 |
| 100 therms (96 ccf) | $169.53 | $147.93 |
| 150 therms (145 ccf) | $254.29 | $221.89 |
Average price includes delivery and fixed charges spread over all gas sold. Roughly: 30 therms is a summer month with a gas water heater and stove; 100–150 therms is a cold-climate winter month with gas heat.
Price trend
New York's average residential price rose from $16.58 per Mcf in 2024 to $17.58 in 2025 (+6%). Nationally it went from $14.50 to $15.34.
Gas vs electricity in New York
One therm of gas holds the same energy as 29.3 kWh of electricity. At New York's 29.90¢/kWh, that much electricity costs $8.76 versus $1.70 for the gas. Gas furnaces turn 80–97% of that into heat, while a heat pump delivers 2–3 times the electricity it uses. Run your own numbers with the heat pump vs furnace calculator, and see electricity cost in New York.
How New York compares
- Louisiana: $1.68/therm, about $50/month
- Alabama: $1.69/therm, about $54/month
- Washington: $1.70/therm, about $96/month
- Vermont: $1.74/therm, about $108/month
- US average: $1.48/therm, about $76/month.
Other Middle Atlantic states: New Jersey ($1.37), Pennsylvania ($1.45).
Frequently asked questions
How much is natural gas per therm in New York?
New York residential customers paid an average of $1.70 per therm in 2025 ($17.58 per thousand cubic feet), including delivery charges. That is 15% above the US average of $1.48 and ranks 38th cheapest of 51.
What is the average gas bill in New York?
The average New York gas customer used about 86.7 Mcf (899 therms) a year in 2024, which works out to about $127 a month at 2025 prices, averaged over the year. Winter bills are much higher than summer bills.
Has natural gas gone up in New York?
The average price rose from $16.58 per Mcf in 2024 to $17.58 in 2025 (+6%).
Is gas or electric heat cheaper in New York?
Per unit of energy, gas at $1.70/therm compares with $8.76 for the same energy from electricity at 29.90¢/kWh. A heat pump delivers 2–3 units of heat per unit of electricity, so it can still beat gas – compare with your numbers in the heat pump vs furnace calculator.
Sources: EIA natural gas prices; EIA residential deliveries; EIA number of consumers.