State prices
Above normalIndiana propane prices
Current residential price: $2.617/gal, wholesale $1.278/gal. EIA weekly survey (October-March).
Data through Oct 26, 2026 · source last checked Oct 31, 2026 · page revised Oct 29, 2026
Cite
- Residential
- Wholesale
About this data
- Source
- EIA State Heating Oil and Propane Program survey
- Series
- Residential retail propane price
- Basis
- Residential, retail
- Geography
- Indiana
- Unit
- $/gal
- Calculation
- Weekly survey, Oct-Mar heating season
- Last observation
- Oct 26, 2026
- Update frequency
- Weekly, Oct-Mar
Now $2.617/gal, 17.6% above the 5-yr median.
Indiana residential propane stands at $2.617/gal as of October 26, up 2.3% from the prior week. The residential price sits 17.6% above the five-year median of $2.226/gal, with wholesale at $1.278/gal.
| Period | Current | Prior | Change |
|---|---|---|---|
| Week over week | $2.617/gal | $2.559/gal | +2.3% |
| Year over year | $2.617/gal | $2.225/gal | +17.6% |
| vs 5-yr median | $2.617/gal | $2.226/gal | +17.6% |
| Heating season | Weeks | Average | Low (week) | High (week) | Wholesale average | vs Midwest average |
|---|---|---|---|---|---|---|
| 2026-27 (so far) | 4 | $2.532/gal | $2.462/gal (Oct 5) | $2.617/gal (Oct 26) | $1.179/gal | +40.2 cents |
| 2025-26 | 26 | $2.473/gal | $2.181/gal (Oct 6) | $2.786/gal (Feb 16) | $1.053/gal | +40.5 cents |
| 2024-25 | 26 | $2.414/gal | $2.137/gal (Oct 7) | $2.630/gal (Feb 17) | $1.055/gal | +32.3 cents |
| 2023-24 | 26 | $2.382/gal | $2.180/gal (Oct 2) | $2.528/gal (Feb 19) | $1.069/gal | +36.6 cents |
| 2022-23 | 26 | $2.584/gal | $2.516/gal (Oct 3) | $2.615/gal (Jan 30) | $1.127/gal | +31.0 cents |
| 2021-22 | 26 | $2.659/gal | $2.448/gal (Oct 4) | $2.901/gal (Mar 14) | $1.458/gal | +25.2 cents |
Each season runs October through March. The average is the simple mean of that season's weekly readings, and the low and high name their survey week. The last column is Indiana's residential price minus the Midwest residential average over the same weeks, per gallon.
| Measure | Value |
|---|---|
| Homes heating with propane | 194,957 |
| Share of occupied homes | 7.2% |
| Occupied homes (all fuels) | 2,716,009 |
| National rank by propane share | #16 of 51 |
Previous weeks
Week of Oct 19, 2026
Indiana residential propane stands at $2.559/gal, up 2.8% for the week and 14.9% above the 5-year median. Year over year, the price is up 15.4%. Wholesale propane trades at $1.230/gal.
Week of Oct 12, 2026
Indiana residential propane stands at $2.490/gal, 12.4% above the 5-yr median. The price rose 1.1% on the week and 14.0% year-over-year.
Week of Mar 30, 2026
Indiana residential propane stood at $2.634/gal in the Mar 30, 2026 survey, 3.2% above the 4-year median. The price eased 2.0% from the week prior and 2.4% over four weeks, though it remains up 5.1% year over year.
About Indiana propane prices
Indiana's propane demand splits between farms and rural homes. Grain dryers work hard in a wet fall across the corn and soybean counties, and home heating demand sits in the areas outside the gas mains that follow the interstate corridors. Supply comes up from the Gulf Coast by pipeline and off refineries in the region, with rail and truck filling in when winter demand outruns pipeline schedules.
This is a surveyed average rather than a quote. EIA polls a sample of Indiana propane dealers weekly through the October to March heating season and publishes the state figure Wednesday afternoon; the series then goes quiet until October. EIA also surveys a wholesale price for Indiana, plotted as the lower line. The distance between the two is the delivered-service stack, and it widens when the rack falls faster than dealers reprice. The Census Bureau's American Community Survey, on five-year estimates, puts propane as the main heating fuel in 7.2% of occupied Indiana homes, around the middle of the state rankings.
The regional numbers around this price are Midwest propane prices and Midwest propane stocks, the inventory that has to cover the winter. A price per gallon is not a delivery ticket. The propane usage calculator estimates gallons burned and what a fill costs at the current Indiana survey price.
Common questions
What is the current propane price in Indiana?
Indiana's residential propane price is $2.617/gal as of Oct 26, 2026, the latest reading in EIA's weekly heating-season survey, with the wholesale (rack) price at $1.278/gal on Oct 26, 2026. The chart above carries the full history and the table shows the week-over-week move.
When is propane most expensive in Indiana?
In EIA's weekly survey, which runs October through March, Indiana's residential price set its season high in February in three of the last five heating seasons, January in one and March in one. The season low came in October in each of the last five heating seasons. From low to high the price moved an average of 40.0 cents a season, and the table above lists each season's high and low week. The regional wrinkle is that the Midwest season starts before the thermostat does: propane fires grain dryers across the Corn Belt in October and November, and a wet harvest can pull volume hard weeks ahead of heating demand. Why propane prices rise in winter has the mechanics.
How does the Indiana propane price compare with the Midwest average?
Indiana's residential propane price averaged above the Midwest average in each of the last five heating seasons, by between 25.2 cents and 40.5 cents a gallon. In the Oct 26, 2026 survey Indiana was at $2.617/gal against $2.199/gal for the Midwest average. The seasons table above gives the gap season by season, and Midwest propane prices carries the district's own chart.
What is the difference between the residential and wholesale price on this page?
The residential price is what an Indiana household pays for a delivered gallon: the dealer's own cost plus trucking, tank service and margin. The wholesale price is that dealer cost at the rack, before any of it. The gap between the two is the delivered-service stack, and how propane is priced walks through each layer of it.