The average propane price in New Mexico is $3.09 per gallon as of March 2026. This is according to US EIA estimates.
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Estimated propane cost by tank size in New Mexico
| Size of Tank | Cost to Fill |
|---|---|
| 100 gallons | $247 |
| 250 gallons | $618 |
| 500 gallons | $1,237 |
| 750 gallons | $1,855 |
| 1000 gallons | $2,474 |
The cost of filling up propane tanks varies depending on their size. To fill up a 100 gallon propane tank, it costs $247. Meanwhile, you would need to spend $618 to fill up a 250 gallon tank. The cost significantly increases for larger tanks - it is $1,237 to fill up a 500 gallon tank, $1,855 for a 750 gallon tank and as high as $2,474 to fill up a 1000 gallon propane tank. Therefore, the cost of propane is directly proportional to the size of the tank.
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What is the cheapest month to buy propane gas in New Mexico?
The cost of propane gas can vary from year to year and is subject to market changes. However, in general, the price of propane tends to be lower during the summer months. This is because demand for propane is typically lower during summer, as it is less commonly used for heating. Therefore, in New Mexico, the cheapest month to buy propane gas would generally be during the summer, likely between June and August. However, it's important to check current prices as they can fluctuate based on other factors such as crude oil prices and supply and demand balance.
What is the difference between an above ground and below ground propane tank?
An above ground and below ground propane tank serve the same purpose of storing propane, but their installation, maintenance, and aesthetic implications differ. An above ground propane tank is easier and cheaper to install because it does not require excavation. However, it might detract from the scenery due to its obtrusive nature. On the other hand, a below ground propane tank is installed underground, offering a more discreet option that does not interfere with the landscape but its installation is more labor-intensive and expensive. Additionally, the maintenance of a below ground tank can be more challenging as it may be prone to ground movement over time.
What is the cost of a 250 gallon propane gas tank in New Mexico?
The cost of a 250 gallon propane gas tank in New Mexico can vary drastically based on various factors. These factors can include the current price of propane, the location of purchase, and whether the tank is being rented or purchased outright. On average, the price can range anywhere from $300 to over $2,500. It's highly recommended to contact local suppliers for up-to-date prices and options.
What is the average cost of propane gas in New Mexico?
The average cost of propane gas in New Mexico can fluctuate greatly depending on various factors such as market conditions and location. However, as of the time of this writing, the average cost typically ranges from $2 to $3 per gallon. Please note that this price can drastically change due to many variables, so it's advised to check for the most recent price updates in your specific area.
Will propane gas get more expensive in New Mexico?
As an AI, I don't have real-time data or the ability to predict future market trends or prices. Hence, I can't provide a definitive answer regarding whether propane gas will get more expensive in New Mexico. Such changes heavily rely on various factors like supply, demand, geopolitical events, weather conditions, and more. It would be best to consult with a professional or conduct further research for up-to-date information.
Is propane gas cheaper than natural gas in New Mexico?
The cost of propane and natural gas can vary depending on the region, usage, and market conditions. As of the current data, natural gas is generally cheaper than propane in New Mexico. Natural gas is a popular choice for home heating and other uses because it's efficient, reliable, clean-burning and less expensive than propane. However, the exact price comparison may fluctuate depending on the sources and market at the time of purchase. It is always wise to check current pricing for both propane and natural gas, as changes in supply and demand can lead to fluctuations in price.
