Finance Tools

Home Heating Oil Cost Estimator

Estimate home heating oil cost using home size, insulation level, local heating intensity, furnace efficiency, and oil price per gallon.

Home Heating Oil Cost Estimator

Estimate heating oil usage and cost using your home size, insulation, local heating intensity, furnace efficiency, and oil price per gallon. Results are planning estimates.

Enter heated living area (not total lot size).
Better insulation typically reduces heating oil usage.
Choose based on your typical winter temperatures.
Typical older systems: ~75–85%. Newer high-efficiency: ~90–95%.
Use your latest delivered price or local average.
Common ranges: 4–6 months (varies by location).

How it works

The calculator estimates monthly gallons based on typical usage per 1,000 sq ft for your heating intensity, then adjusts for insulation level and furnace efficiency. Total cost is estimated gallons × oil price per gallon.

FAQ

Is this estimate accurate for every home?
No—this is a planning estimate. Actual usage depends on thermostat settings, wind exposure, insulation quality, occupant behavior, and the heating system condition.

Where can I get a better usage estimate?
Use past deliveries: (gallons delivered) ÷ (days covered) to approximate daily usage, then apply the monthly cost tool.

How to use this home heating oil cost estimator

  1. Enter your home size (square feet).
  2. Select insulation level and local heating intensity.
  3. Enter furnace efficiency and oil price per gallon.
  4. Choose a time period (month or season).
  5. Click Calculate to estimate oil usage and total cost.

Example

Estimate seasonal heating oil cost for a medium-size home.

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