HeatFuelWatch Your state

Cheapest way to heat in Iowa

Natural gas

$10.88 per million Btu of heat in the house, about $742 for a typical winter. The most expensive option, heating oil, would cost $3,413.

Typical winter: a 2,000 sq ft house of average insulation in a normal Iowa heating season. Prices as of October 26, 2026.

Cost of one million Btu of heat

  1. Natural gas $10.88 per million Btu

    $10.14/Mcf · 90% efficient · Iowa residential, last winter · $742 for a typical winter

  2. Heat pump $17.06 per million Btu

    14.6¢/kWh · COP 2.5 · Iowa residential, year to date · $1,164 for a typical winter

  3. Propane $22.46 per million Btu

    $1.75/gal · 85% efficient · Iowa weekly survey · $1,532 for a typical winter

  4. Electric resistance $42.64 per million Btu

    14.6¢/kWh · 100% efficient · Iowa residential, year to date · $2,908 for a typical winter

  5. Heating oil $50.04 per million Btu

    $5.89/gal · 85% efficient · Iowa weekly survey · $3,413 for a typical winter

Your home, your winter

Change the size and insulation to match your house. Prices are this week’s Iowa figures.

How well the house holds heat

Normal heating season in Iowa: 6,821 heating degree days, so about 68 million Btu of heat to deliver.

  1. Natural gas $742
  2. Heat pump $1,163
  3. Propane $1,532
  4. Electric resistance $2,909
  5. Heating oil $3,413

A typical-weather season at this week’s fuel prices. Efficiencies: gas furnace 90%, propane and oil 85%, heat pump seasonal COP 2.5. How the estimate works

Iowa’s winters

A normal heating season here has 6,821 heating degree days (1991–2020 average; U.S. lower 48: about 4,300).

Last season (2025–26) had 6,062, −11.1% against normal.

  1. Oct436
  2. Nov836
  3. Dec1,233
  4. Jan1,407
  5. Feb1,142
  6. Mar884
  7. Apr489

In the coldest season of the last 30 (2013–14) the same house would have needed 15% more heat; in the mildest (2011–12), 18% less.

What this comparison leaves out

  • Equipment you already have. Switching fuels means new equipment. This page compares the cost of heat, not the cost of a new furnace, boiler or heat pump.
  • Availability. Natural gas needs a utility main on your street.
  • Heat pumps in deep cold. A heat pump’s efficiency falls as it gets colder. The seasonal COP of 2.5 used here suits a modern unit in a moderate climate; older units, or cold-climate homes with resistance backup, do worse.
  • Your rate structure. Gas and electricity prices here are state averages including fixed charges. Each extra unit on your bill may cost a little less.
Farmhouse on Route 114, East Haven, Vermont, March
Farmhouse on Route 114, East Haven, Vermont, March