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Materials & Commodities Price tracker

Propane Price Today: Live Chart & Price History

Updated  4 sources

U.S. average residential propane

$2.60/gal

Propane is sold by the gallon, and the price you pay depends far more on where you live and how you buy it than on the national headline. A household that fills a tank in Iowa and one that does so in Florida can see very different prices in the same week.

The numbers here come from the U.S. Energy Information Administration (EIA), which surveys residential propane prices for the heating season and tracks wholesale prices all year. They are averages, so use them to judge whether your supplier's quote looks reasonable.

Propane price by region

The EIA reports residential propane by Petroleum Administration for Defense District, or PADD. These are broad regions, and prices inside each can still differ a lot.

Residential propane price by region (week of Oct 5, 2026)

Item Price
East Coast (PADD 1) $3.65/gal
New England (PADD 1A) $3.83/gal
Midwest (PADD 2) $2.05/gal
Gulf Coast (PADD 3) $2.92/gal
Rocky Mountain (PADD 4) $2.25/gal

Source: EIA: Weekly residential propane prices by area

The East Coast and New England sit well above the Midwest and the Rocky Mountain states. That pattern is common for propane. The Midwest is close to major supply, while the Northeast depends on longer delivery routes and smaller, more spread-out customers, which may raise the cost of each delivery.

Cost of propane per gallon by state

State averages show how wide the spread gets. The table below picks four states from the EIA survey.

Residential propane price by state (week of Oct 5, 2026)

Item Price
Florida $4.86/gal
Connecticut $4.21/gal
Texas $3.10/gal
Iowa $1.63/gal

Source: EIA: Weekly residential propane prices by area

Florida and Connecticut are well above Texas, and Iowa is lowest of the four. Differences in delivery distance, local competition between suppliers, and state or local fees may all contribute, though the EIA tables do not break the gap down by cause.

Maine delivered prices

Maine publishes its own heating fuel survey through the Maine Department of Energy Resources. These rows come from a Maine.gov state survey of delivered prices, which is a different method from the EIA's, so do not compare them directly with the EIA state numbers above.

Maine delivered propane price by region (Oct 5, 2026)

Item Price
Maine statewide average $3.46/gal
Southeast / Greater Portland $4.04/gal
Northern Maine $2.87/gal

Source: Maine DOER: Heating fuel prices

Southern Maine around Portland is higher than the statewide average, while Northern Maine is lower. If you live in a state that runs its own price survey, it is worth checking, because it may reflect local delivery routes better than a national table.

Wholesale propane vs. what you pay

The price on your bill is much higher than the wholesale price of propane. Wholesale is what suppliers pay for the product. Your bill adds storage, trucking, tank service, the supplier's margin, and in some cases fees.

Wholesale propane price

Item Price
U.S. wholesale propane, week of Oct 5, 2026 $1.05/gal
Mont Belvieu spot, week of Aug 28, 2026 $0.69/gal
Mont Belvieu spot, week of Sep 11, 2026 $0.84/gal
Mont Belvieu spot, week of Oct 2, 2026 $0.90/gal

Sources: EIA: Weekly heating oil and propane prices table; EIA: Weekly spot prices

The Mont Belvieu rows are spot prices from the Texas hub where much of the country's propane is traded. The U.S. wholesale row is the EIA's national average for the week of Oct 12, 2026. Because the wholesale price is a fraction of the residential price, small moves in wholesale cost do not translate into the same change at your tank, and a supplier may take weeks to pass them through.

How much does propane cost for a home?

Two things change your total:

  • How much you use: Propane heating, water heating, cooking, and a generator all draw different amounts, and a cold winter raises use sharply.
  • How you pay: Many suppliers offer a prepaid or fixed-price contract, a price-cap plan, or a pay-as-you-go price that follows the market.

Ask your supplier for the current per-gallon price, any delivery or minimum-fill fee, and whether you are on a variable or fixed rate. Price quotes for the same tank can differ between companies serving the same street.

Propane cost per gallon near me

To find a local price:

  • Call at least three suppliers in your area and ask for the same quantity. Prices can change between the first call and the third.
  • Check whether the price is per gallon delivered or per gallon at a refill station. Exchange cylinders at a grocery or hardware store are priced per cylinder, which is usually a higher cost per gallon than a bulk fill.
  • Ask about tank ownership. If a supplier owns your tank, you may be limited to buying from them, and there may be rental fees.
  • Look at your state energy office. Several states, including Maine, publish regular heating fuel price surveys.

Why propane prices change

Propane is a by-product of natural gas processing and oil refining, so its price is shaped by both. Supply, exports, storage levels, and winter demand all play a part. Prices are also seasonal. Residential demand is highest in cold months, and prices may rise when demand peaks.

The EIA's propane data pages are the primary source for the weekly figures used on this page.

Frequently asked questions

How much does propane cost per gallon right now?

The EIA's U.S. average residential price was $2.60/gal for the week of Oct 12, 2026. Regional averages range from $2.05/gal in the Midwest to $3.83/gal in New England.

Why is residential propane so much more than the wholesale price?

Wholesale is the price of the fuel itself. Your price adds delivery, storage, equipment, labor, and the supplier's margin. The wholesale U.S. price for the same week was $1.05/gal.

Is propane cheaper in the Midwest?

In the EIA survey, the Midwest ($2.05/gal) was the lowest region on the list, and Iowa ($1.63/gal) was the lowest of the states shown. Local supply and competition between suppliers may be behind that.

Should I lock in a price or pay the market rate?

That depends on your budget and risk tolerance. A fixed-price contract gives you certainty, while a market-rate plan follows prices up or down. Compare the contract terms and any fees with a few suppliers, and consult a licensed financial professional if you need advice on the decision.

Do tank rentals and delivery fees count in the per-gallon price?

Not necessarily. Ask each supplier for the full cost, including any rental fee, minimum delivery charge, and any service fees.