Heating Oil Prices in Indiana
Indiana average residential heating oil price
$6.02 per gallon
Week of Oct 12, 2026 · EIA value $6.023
- Change vs last week
- ↑ $0.273 (+4.7%)
- Year ago
- $3.32
- Now up 81.7% from a year ago
Compared with other prices this week
- $0.12 below the U.S. average ($6.14)
- $0.16 above the Midwest average ($5.87)
- Indiana ranks #11 of 21 states (1 = highest price).
Change vs last week: ↑ $0.273 (+4.7%)
A 200-gallon delivery
$1,204.60
Fuel only at the EIA average
Typical winter heating oil bill
$2,584
2,000 sq ft, average insulation (our estimate)
Cold-climate heat pump
$818
About $1,767 less than heating oil (our estimate)
Cost to fill a heating oil tank in Indiana
| Delivery | Gallons | Fuel cost |
|---|---|---|
| 150 gallon delivery | 150 gal | $903.45 |
| 200 gallon delivery | 200 gal | $1,204.60 |
| 250 gallon delivery | 250 gal | $1,505.75 |
Fuel only at the EIA average price. Delivery fees, taxes and minimum deliveries are extra.
Indiana heating oil price trend
Weekly EIA averages since October 2025.
Winter heating oil cost for a typical Indiana home
A typical Indiana home (2,000 sq ft, average insulation) would use about 429 gallons of heating oil over the winter, roughly $2,584 at this week's price. That is an estimate; change the inputs in the calculator.
Assumes 2,000 sq ft, average insulation, AFUE 0.83, and normal October–March weather (NOAA 1991–2020).
Switch to a heat pump? Oil vs other fuels in Indiana
| Fuel | Price used | Fuel needed | Est. winter cost |
|---|---|---|---|
| Heating oil | $6.023/gal | 429 gallons | $2,584 |
| Propane | $2.490/gal | 674 gallons | $1,679 |
| Natural gas | $1.57/therm | 617 therms | $966 |
| Electric baseboard | $0.171/kWh | 14,456 kWh | $2,468 |
| Cold-climate heat pump | $0.171/kWh | 4,790 kWh | $818 |
Same home, same weather, each fuel at its own efficiency. Gas and electric use 12-month average prices. Estimates only.
Compare in detail with the heat pump cost calculator.
Indiana heating oil prices at a glance
Indiana ranks #11 of 21 states for heating oil price this week, at $6.02 per gallon.
See also propane prices in Indiana.
Prices come from EIA's weekly survey and do not include taxes or delivery fees. For a full explanation, read our methodology.
Nearby states
All heating oil prices by state · Heating calculators
Frequently asked questions
What is the price of heating oil in Indiana today?
The average residential heating oil price in Indiana was $6.02 per gallon for the week of Oct 12, 2026, per the U.S. Energy Information Administration (excluding taxes).
How much is a 200-gallon heating oil delivery in Indiana?
At $6.02 per gallon, 200 gallons costs about $1,204.60 for the fuel alone. Delivery fees, taxes and minimum-delivery rules from your dealer are extra.
Is a heat pump cheaper than oil in Indiana?
In our estimate for a typical Indiana home, a cold-climate heat pump costs about $818 per winter against $2,584 for heating oil. Your savings depend on your electric rate, home and equipment, and installation cost is not included.