Average Heating Bill in Massachusetts → Essex County
$533/mo
$3,198/year
$1.60/sq ft (oil heat, 2,000 sq ft home)
↓ Oil prices are down 2.1% over the past 6 weeks, which affects current heating bills. View price trends.
| Fuel | Local Price | Cost/MMBTU | Annual Cost | Monthly (Heating) |
|---|---|---|---|---|
| Natural Gas | $2.89/therm | $31 | $2,662 | $444 |
| Heat Pump Cheapest | $0.29/kWh | $29 | $2,464 | $411 |
| Heating Oil | $4.39/gallon | $37 | $3,198 | $533 |
| Electric Baseboard | $0.29/kWh | $86 | $7,393 | $1,232 |
Cheapest option for this area
Heat Pump
$2,464/year estimated — saving $734/year vs heating oil
Average monthly heating costs during the October–March season for a 2,000 sq ft home in Essex County:
Based on a 2,000 sq ft home with 85% oil furnace efficiency, COP 3.0 heat pump, NOAA 30-year normal heating degree days (6,118 HDD for Essex County), and current EIA state-average energy rates. Oil prices reflect local median from 14 tracked suppliers.
Data updated 2026-07-18.
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If you're staying with oil heat, compare local suppliers to find the best price. The spread in Essex County can be $0.50–$1.00/gallon.
Median: $4.39/gal · 14 suppliers reporting prices
Compare Essex County Suppliers →We'll email you when local heating oil prices drop to your target — no spam, only price drops.