Propane Prices in Indiana
Indiana average residential propane price
$2.49 per gallon
Week of Oct 12, 2026 · EIA value $2.490
- Change vs last week
- ↑ $0.028 (+1.1%)
- Year ago
- $2.19
- Now up 14.0% from a year ago
Compared with other prices this week
- $0.15 below the U.S. average ($2.64)
- $0.38 above the Midwest average ($2.11)
- Indiana ranks #23 of 38 states (1 = highest price).
Change vs last week: ↑ $0.028 (+1.1%)
Fill a 500-gallon tank
$996.00
Fuel only at the EIA average
Typical winter propane bill
$1,679
2,000 sq ft, average insulation (our estimate)
Cold-climate heat pump
$818
About $861 less than propane (our estimate)
Cost to fill a propane tank in Indiana
| Tank | Propane at 80% | Fuel cost |
|---|---|---|
| 100-gallon tank | 80 gal | $199.20 |
| 250-gallon tank | 200 gal | $498.00 |
| 500-gallon tank | 400 gal | $996.00 |
| 1000-gallon tank | 800 gal | $1,992.00 |
Fuel only at the EIA average price. Delivery fees, taxes and minimum deliveries are extra.
Indiana propane price trend
Weekly EIA averages since October 2025.
Heating cost estimate for a typical Indiana home
A typical Indiana home (2,000 sq ft, average insulation) would use about 674 gallons of propane over the winter, roughly $1,679 at this week's price. That is an estimate; change the inputs in the calculator.
Assumes 2,000 sq ft, average insulation, AFUE 0.8, and normal October–March weather (NOAA 1991–2020).
Propane vs other heating 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.
Indiana propane prices at a glance
Indiana ranks #23 of 38 states for propane price this week, at $2.49 per gallon.
See also heating oil 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
- Propane prices in Illinois
- Propane prices in Kentucky
- Propane prices in Michigan
- Propane prices in Ohio
Propane prices in all states · Heating calculators
Frequently asked questions
What is the average propane price in Indiana today?
The average residential propane price in Indiana was $2.49 per gallon for the week of Oct 12, 2026, according to the U.S. Energy Information Administration (excluding taxes).
How much does it cost to fill a 500-gallon propane tank in Indiana?
A 500-gallon tank holds about 400 gallons at the standard 80% fill, which is about $996.00 at $2.49 per gallon, fuel only.
Is propane cheaper than heating oil in Indiana?
Compare cost per unit of heat, not per gallon: a gallon of heating oil has more energy than a gallon of propane. In our typical-home estimate for Indiana, propane costs about $1,679 per winter and heating oil about $2,584.