State prices
Above normalIndiana propane prices
Current residential price: $2.472/gal, wholesale $1.063/gal. EIA weekly survey (October-March).
Data through Oct 5, 2026 · source last checked Oct 7, 2026 · page revised Oct 7, 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 propane prices
- Unit
- $/gal
- Calculation
- Weekly survey, Oct-Mar heating season
- Last observation
- Oct 5, 2026
- Update frequency
- Weekly, Oct-Mar
Now $2.472/gal, 13.3% above the 5-yr median.
Indiana residential propane stands at $2.472/gal, 13.3% above the five-year median. Wholesale reads $1.063/gal.
| Period | Current | Prior | Change |
|---|---|---|---|
| Week over week | $2.472/gal | n/a | n/a |
| vs 4 weeks ago | $2.472/gal | n/a | n/a |
| Year over year | $2.472/gal | $2.181/gal | +13.3% |
| vs 5-yr median | $2.472/gal | $2.181/gal | +13.3% |
| 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 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.
An earlier week
Indiana residential propane prices stand at $2.634/gal as of March 30, with wholesale at $1.002/gal. The EIA price survey pauses outside heating season and resumes in October.
Week of Aug 3, 2026
Indiana residential propane closed at $2.634/gal, 3% above the 4-year median and 5.1% higher than a year ago. The price fell 5.3 cents on the week. The EIA survey pauses April through September and resumes in October.
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 $2.472/gal as of Oct 5, 2026, the latest reading in EIA's weekly heating-season survey, with the wholesale (rack) price at $1.063/gal on Oct 5, 2026. The chart above carries the full history and the table shows the week-over-week move.
When is propane most expensive in Indiana?
Residential propane runs highest in the middle of the heating season, ordinarily January and February, and cheapest through the summer while Midwest stocks are building and nothing is drawing on them. 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.
What is the difference between the residential and wholesale price on this page?
The residential price is what a 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.