Heating Oil Prices in Iowa
Iowa average residential heating oil price
$5.67 per gallon
Week of Oct 12, 2026 · EIA value $5.674
- Change vs last week
- ↓ $0.006 (−0.1%)
- Year ago
- $3.06
- Now up 85.2% from a year ago
Compared with other prices this week
- $0.46 below the U.S. average ($6.14)
- $0.19 below the Midwest average ($5.87)
- Iowa ranks #20 of 21 states (1 = highest price).
Change vs last week: ↓ $0.006 (−0.1%)
A 200-gallon delivery
$1,134.80
Fuel only at the EIA average
Typical winter heating oil bill
$2,950
2,000 sq ft, average insulation (our estimate)
Cold-climate heat pump
$900
About $2,050 less than heating oil (our estimate)
Cost to fill a heating oil tank in Iowa
| Delivery | Gallons | Fuel cost |
|---|---|---|
| 150 gallon delivery | 150 gal | $851.10 |
| 200 gallon delivery | 200 gal | $1,134.80 |
| 250 gallon delivery | 250 gal | $1,418.50 |
Fuel only at the EIA average price. Delivery fees, taxes and minimum deliveries are extra.
Iowa heating oil price trend
Weekly EIA averages since October 2025.
Winter heating oil cost for a typical Iowa home
A typical Iowa home (2,000 sq ft, average insulation) would use about 520 gallons of heating oil over the winter, roughly $2,950 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 Iowa
| Fuel | Price used | Fuel needed | Est. winter cost |
|---|---|---|---|
| Heating oil | $5.674/gal | 520 gallons | $2,950 |
| Propane | $1.667/gal | 817 gallons | $1,362 |
| Natural gas | $1.48/therm | 747 therms | $1,104 |
| Electric baseboard | $0.141/kWh | 17,515 kWh | $2,465 |
| Cold-climate heat pump | $0.141/kWh | 6,393 kWh | $900 |
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.
Iowa heating oil prices at a glance
Iowa ranks #20 of 21 states for heating oil price this week, at $5.67 per gallon.
See also propane prices in Iowa.
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 Iowa today?
The average residential heating oil price in Iowa was $5.67 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 Iowa?
At $5.67 per gallon, 200 gallons costs about $1,134.80 for the fuel alone. Delivery fees, taxes and minimum-delivery rules from your dealer are extra.
Is a heat pump cheaper than oil in Iowa?
In our estimate for a typical Iowa home, a cold-climate heat pump costs about $900 per winter against $2,950 for heating oil. Your savings depend on your electric rate, home and equipment, and installation cost is not included.