Heating oil prices in Minnesota this week
Heating oil in Minnesota averaged $5.84 a gallon in the week of Nov 2, 2026, down 10.6¢ from the week before. That is $0.30 below the US average of $6.14, and 62% higher than a year ago ($3.61).
Heating oil price in Minnesota 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 |
|---|---|---|---|
| Minneapolis | 642 gal | $3,749 | $1,381 |
Space heating only, 85% efficient furnace. Change home size, insulation and prices in the calculator.
How Minnesota compares
Minnesota ranks #19 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 Minnesota right now?
The average residential heating oil price in Minnesota was $5.84 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 Minnesota?
A typical 275-gallon tank takes about 200 gallons when it is refilled. At $5.84 a gallon that is about $1,168 before taxes and delivery fees.
Is heating oil more expensive than last year in Minnesota?
Yes. A year ago the average was $3.61, so prices are 62% 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.