How Iowa compares
Average residential heating oil price this week.
Is your quote a fair price?
Type the price per gallon your dealer quoted to compare it with this week's Iowa average.
The average is before tax. If your quote includes tax or a small-delivery fee, expect it to be a little higher.
What will a delivery cost?
At this week's Iowa average, before tax and delivery fees.
Key numbers
Iowa heating oil price history
Iowa compared with the U.S. average residential heating oil price, dollars per gallon, excluding taxes. Hover or tap for any week. Dashed lines span summer months, when prices are surveyed monthly.
Delivery costs now and a year ago
Iowa average price, before tax and delivery charges.
(small delivery)
(near-full 275-gal tank)
Iowa also reports propane prices: $1.746 per gallon this week.
Nearby states
Heating Oil prices in the Midwest region this week.
| State | This week | Weekly change | Year ago | Yearly change |
|---|---|---|---|---|
| Indiana | $6.502 | ▲ 47.8¢ | $3.472 | ▲ $3.03 (+87%) |
| Iowa | $5.891 | ▲ 7.1¢ | $3.136 | ▲ $2.75 (+88%) |
| Kentucky | $5.872 | ▼ 1.8¢ | $3.107 | ▲ $2.76 (+89%) |
| Michigan | $6.193 | ▲ 38.1¢ | $3.179 | ▲ $3.01 (+95%) |
| Minnesota | $5.948 | ▲ 3.2¢ | $3.578 | ▲ $2.37 (+66%) |
| Nebraska | $5.724 | ▲ 9.4¢ | $2.862 | ▲ $2.86 (+100%) |
| Ohio | $6.405 | ▲ 37.4¢ | $3.597 | ▲ $2.81 (+78%) |
| Wisconsin | $6.140 | ▲ 36.9¢ | $3.198 | ▲ $2.94 (+92%) |
Common questions
What is the price of heating oil in Iowa today?
The latest official average is $5.891 per gallon for the week of October 26, 2026, excluding taxes. Prices are surveyed weekly from October to March and monthly from April to September.
Are heating oil prices going up or down in Iowa?
Up 7.1¢ on the week. Up $2.75 (88%) on the same week last year. Over the past 12 months the price ranged from $2.77 to $5.89.
Why is my supplier's price different?
This is an average across dealers surveyed in Iowa. Individual prices depend on the dealer, delivery size, payment terms and any pre-buy or capped-price plan, and taxes are added on top.
When does this page update?
New prices are published every Wednesday during the heating season. The next update is due November 4, 2026.