State prices
Above normalMinnesota propane prices
Current residential price: $2.050/gal, wholesale $1.265/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
- Minnesota
- Unit
- $/gal
- Calculation
- Weekly survey, Oct-Mar heating season
- Last observation
- Oct 26, 2026
- Update frequency
- Weekly, Oct-Mar
Now $2.050/gal, 12.6% above the 5-yr median.
Minnesota residential propane sits at $2.050/gal, 12.6% above the five-year median as of October 26. Wholesale read $1.265/gal.
| Period | Current | Prior | Change |
|---|---|---|---|
| Week over week | $2.050/gal | $2.014/gal | +1.8% |
| Year over year | $2.050/gal | $1.820/gal | +12.6% |
| vs 5-yr median | $2.050/gal | $1.820/gal | +12.6% |
| Heating season | Weeks | Average | Low (week) | High (week) | Wholesale average | vs Midwest average |
|---|---|---|---|---|---|---|
| 2026-27 (so far) | 4 | $1.982/gal | $1.901/gal (Oct 5) | $2.050/gal (Oct 26) | $1.171/gal | -14.8 cents |
| 2025-26 | 26 | $1.951/gal | $1.777/gal (Oct 6) | $2.107/gal (Mar 23) | $0.844/gal | -11.7 cents |
| 2024-25 | 26 | $1.971/gal | $1.775/gal (Oct 7) | $2.167/gal (Feb 3) | $0.991/gal | -12.0 cents |
| 2023-24 | 26 | $1.868/gal | $1.708/gal (Oct 2) | $1.975/gal (Feb 26) | $0.886/gal | -14.8 cents |
| 2022-23 | 26 | $2.199/gal | $2.124/gal (Oct 3) | $2.236/gal (Jan 23) | $0.978/gal | -7.5 cents |
| 2021-22 | 26 | $2.400/gal | $2.149/gal (Oct 4) | $2.624/gal (Mar 7) | $1.440/gal | -0.8 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 Minnesota's residential price minus the Midwest residential average over the same weeks, per gallon.
| Measure | Value |
|---|---|
| Homes heating with propane | 248,956 |
| Share of occupied homes | 10.8% |
| Occupied homes (all fuels) | 2,307,955 |
| National rank by propane share | #10 of 51 |
Previous weeks
Week of Oct 19, 2026
Minnesota residential propane stood at $2.014/gal, up 5.0 cents on the week and 11.8% above the 5-year median. Wholesale propane stood at $1.228/gal.
Week of Oct 12, 2026
Minnesota residential propane stands at $1.964/gal for the week through October 12, up 3.3% week over week and 8.7% above the five-year median. Wholesale in the state sits at $1.155/gal.
Week of Oct 5, 2026
Minnesota residential propane stands at $1.901/gal, 7% above the 5-yr median. Year-over-year, the price has risen 7.0% from $1.777/gal. Wholesale is $1.036/gal.
Week of Mar 30, 2026
Minnesota propane residential prices fell to $2.056/gal in the Mar 30 survey, down 2.4% on the week and 3.9% below the 4-year median. Wholesale propane on the same date read $0.983/gal per the EIA weekly survey.
About Minnesota propane prices
Minnesota is where the propane emergency of 2013-14 hit hardest. A wet corn harvest ran grain dryers flat out through the fall, brutal cold followed, and the Cochin pipeline was reversed that same year, removing a line that had carried Canadian propane into the upper Midwest. The state now leans on rail, truck and the pipeline system out of the Gulf Coast, with in-state storage carrying the peak. Almost all of the demand sits outside the Twin Cities gas system.
This is a surveyed average rather than a quote. EIA polls a sample of Minnesota propane dealers weekly through the October to March heating season and publishes the state figure Wednesday afternoon; the series then goes quiet until October. Two lines run on the chart because EIA surveys Minnesota dealers on both sides of the sale: what they pay at the rack and what they charge a residential customer. The lower line moves first, and the retail line follows it with a lag measured in weeks. The Census Bureau's American Community Survey, on five-year estimates, puts propane as the main heating fuel in 10.8% of occupied Minnesota homes, well above the national middle. That is a large block of homes to keep supplied through a cold January.
For context beyond one state, Minnesota sits in the Midwest district: regional prices and Midwest propane stocks. A price per gallon is not a delivery ticket. The propane usage calculator estimates gallons burned and what a fill costs at the current Minnesota survey price.
Common questions
What is the current propane price in Minnesota?
Minnesota's residential propane price is $2.050/gal as of Oct 26, 2026, the latest reading in EIA's weekly heating-season survey, with the wholesale (rack) price at $1.265/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 Minnesota?
In EIA's weekly survey, which runs October through March, Minnesota's residential price set its season high in February in two of the last five heating seasons, March in two and January 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 31.5 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 Minnesota propane price compare with the Midwest average?
Minnesota's residential propane price averaged below the Midwest average in each of the last five heating seasons, by between 0.8 cents and 14.8 cents a gallon. In the Oct 26, 2026 survey Minnesota was at $2.050/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 a Minnesota 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.