Heating Oil Prices in Minnesota
Minnesota average residential heating oil price
$5.76 per gallon
Week of Oct 12, 2026 · EIA value $5.761
- Change vs last week
- ↑ $0.024 (+0.4%)
- Year ago
- $3.50
- Now up 64.7% from a year ago
Compared with other prices this week
- $0.38 below the U.S. average ($6.14)
- $0.10 below the Midwest average ($5.87)
- Minnesota ranks #18 of 21 states (1 = highest price).
Change vs last week: ↑ $0.024 (+0.4%)
A 200-gallon delivery
$1,152.20
Fuel only at the EIA average
Typical winter heating oil bill
$3,581
2,000 sq ft, average insulation (our estimate)
Cold-climate heat pump
$1,373
About $2,208 less than heating oil (our estimate)
Cost to fill a heating oil tank in Minnesota
| Delivery | Gallons | Fuel cost |
|---|---|---|
| 150 gallon delivery | 150 gal | $864.15 |
| 200 gallon delivery | 200 gal | $1,152.20 |
| 250 gallon delivery | 250 gal | $1,440.25 |
Fuel only at the EIA average price. Delivery fees, taxes and minimum deliveries are extra.
Minnesota heating oil price trend
Weekly EIA averages since October 2025.
Winter heating oil cost for a typical Minnesota home
A typical Minnesota home (2,000 sq ft, average insulation) would use about 622 gallons of heating oil over the winter, roughly $3,581 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 Minnesota
| Fuel | Price used | Fuel needed | Est. winter cost |
|---|---|---|---|
| Heating oil | $5.761/gal | 622 gallons | $3,581 |
| Propane | $1.964/gal | 977 gallons | $1,918 |
| Natural gas | $1.23/therm | 893 therms | $1,099 |
| Electric baseboard | $0.162/kWh | 20,943 kWh | $3,399 |
| Cold-climate heat pump | $0.162/kWh | 8,457 kWh | $1,373 |
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.
Minnesota heating oil prices at a glance
Minnesota ranks #18 of 21 states for heating oil price this week, at $5.76 per gallon.
See also propane prices in Minnesota.
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 Minnesota today?
The average residential heating oil price in Minnesota was $5.76 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 Minnesota?
At $5.76 per gallon, 200 gallons costs about $1,152.20 for the fuel alone. Delivery fees, taxes and minimum-delivery rules from your dealer are extra.
Is a heat pump cheaper than oil in Minnesota?
In our estimate for a typical Minnesota home, a cold-climate heat pump costs about $1,373 per winter against $3,581 for heating oil. Your savings depend on your electric rate, home and equipment, and installation cost is not included.