Heating oil prices in Indiana this week
Heating oil in Indiana averaged $6.45 a gallon in the week of Nov 2, 2026, down 2.9¢ from the week before. That is $0.31 above the US average of $6.14, and 82% higher than a year ago ($3.54).
Heating oil price in Indiana since Sep 9, 2024
Weekly from October to March; monthly in spring and summer. Dollars per gallon, excluding taxes.
What this price means for a typical home
Heating a 2,000 sq ft home with average insulation at this week's price:
| City | Heating oil used / yr | Cost at this price | Heat pump instead |
|---|---|---|---|
| Indianapolis | 453 gal | $2,923 | $835 |
Space heating only, 85% efficient furnace. Change home size, insulation and prices in the calculator.
How Indiana compares
Indiana ranks #1 of 21 surveyed states for heating oil prices this week (1 = most expensive). See every state.
Frequently asked questions
How much is heating oil in Indiana right now?
The average residential heating oil price in Indiana was $6.45 per gallon in the week of Nov 2, 2026, excluding taxes, according to the US Energy Information Administration's weekly survey.
How much does it cost to fill a heating oil tank in Indiana?
A typical 275-gallon tank takes about 200 gallons when it is refilled. At $6.45 a gallon that is about $1,290 before taxes and delivery fees.
Is heating oil more expensive than last year in Indiana?
Yes. A year ago the average was $3.54, so prices are 82% higher now.
Source: US Energy Information Administration, Heating Oil and Propane Update, residential prices excluding taxes. Your dealer's price will differ with volume, contract type and delivery area. Updated Nov 2, 2026.