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Minnesota Home Heating Costs

Residential heating fuel prices in Minnesota from the U.S. Energy Information Administration.

Heating oil
$5.92/gal
Week of 10/19/2026
Propane
$2.01/gal
Week of 10/19/2026
Natural gas
$17.28/Mcf
July 2026
Electricity
17.45¢/kWh
July 2026

Cost per million Btu

Price divided by the heat in each fuel, before furnace, boiler or heat pump efficiency

FuelPer million Btu
Natural gas (winter 2025-26 average)$10.40
Propane$22.02
Heating oil$42.71
Electricity (12-month average)$47.52

Minnesota residential natural gas price, 5 years

Dollars per thousand cubic feet by month

Show as a table
PeriodMinnesota
Jul 2026$17.28
Dec 2025$9.43
Dec 2024$10.62
Dec 2023$8.70
Dec 2022$12.92
Dec 2021$10.87

Heating oil and propane prices are collected weekly from October through March. Natural gas prices are monthly and include delivery charges, so summer prices per unit are higher.

Frequently asked questions

How much is heating oil in Minnesota?
Residential heating oil in Minnesota averaged $5.92/gal the week of 10/19/2026.
How much is propane in Minnesota?
Residential propane in Minnesota averaged $2.01/gal the week of 10/19/2026.
What do homes in Minnesota pay for natural gas?
Homes in Minnesota paid an average of $17.28/Mcf for natural gas in July 2026.

Source: U.S. Energy Information Administration, Heating Oil and Propane Update; Natural Gas Monthly; Form EIA-861M · Last updated 10/19/2026