Heating Cost in Massachusetts → Essex County
How much does it cost to heat a home in Essex County? Here's a breakdown by fuel type, using real local prices and 6,118 heating degree days for Essex County.
Estimates are for a typical 2,000 sq ft home. Use the calculator for your exact ZIP code.
↓ Oil prices in Essex County are down 2.0% over the past 6 weeks. View current oil prices.
| 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 | $4.40/gallon | $37 | $3,201 | $533 |
| Electric Baseboard | $0.29/kWh | $86 | $7,393 | $1,232 |
Cheapest option for this area
Heat Pump
$2,464/year estimated — saving $737/year vs heating oil
Oil price: $4.40/gal (local median). Electricity: $0.29/kWh (Massachusetts avg). Gas: $2.89/therm (Massachusetts avg). HDD: 6,118. Estimates for a 2,000 sq ft home.
Prices updated: 2026-07-20. Prices may differ from real-time calculator.
At local electricity rates ($0.29/kWh) and oil prices ($4.40/gal), switching from oil to a heat pump would pay for itself in approximately 14.9 years (based on average installation cost of $11,000). Federal tax credits and state rebates can reduce this significantly.
During the heating season (October–March), a typical 2,000 sq ft home in Essex County costs approximately:
If you're staying with oil heat, the biggest savings come from comparing local suppliers. The spread between cheapest and most expensive in Essex County can be $0.50–$1.00/gallon — that's $250–$500/year on the same fuel.
Median: $4.40/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.