Natural gas prices are the highest in the residential sector. In 2024, U.S. households paid 14.59 U.S. dollars per 1,000 cubic feet, down from an all-time high of over 15.2 U.S. dollars per 1,000 cubic feet. Overall, U.S. residential natural gas prices have increased nearly tenfold since 1975. Commercial natural gas costs were second-highest, while prices in the electric power sector were the lowest, at around three U.S. dollars on average. Prices for the industrial and electric power customers tend to be close to the wholesale electricity price.
The growing natural gas market
U.S. natural gas consumption has increased more than any other fuel after the U.S. oil boom of the 2010s. Petroleum consumption has been more variable, and use of coal has significantly decreased. Today, natural gas is used extensively for electric power generation, with it having overtaken coal as the primary electricity generating source. This is despite coal prices being a lot less volatile and generally lower than natural gas.
Advertisement
Advertisement
Average prices for natural gas in the United States from 2008 to 2024, by sector
(in U.S. dollars per 1,000 cubic feet)
Characteristic
Residential
Commercial
Industrial
Electric power
2024
14.59
10.14
3.93
2.86
2023
15.39
11.07
4.53
3.5
2022
14.75
11.32
7.69
7.51
2021
12.18
8.79
5.44
5.43
2020
10.78
7.48
3.32
2.49
2019
10.51
7.61
3.9
2.99
2018
10.5
7.79
4.19
3.68
2017
10.91
7.88
4.08
3.51
2016
10.06
7.28
3.51
2.99
2015
10.38
7.91
3.93
3.38
2014
10.97
8.9
5.62
5.19
2013
10.32
8.08
4.64
4.49
2012
10.65
8.1
3.88
3.54
Created with Highcharts 7.2.2Price in U.S. dollars per thousand cubic feetResidentialCommercialIndustrialElectric power20082009201020112012201320142015201620172018201920202021202220232024
02.557.51012.51517.5
Add this content to your personal favorites. These can be accessed from the favorites menu in the main navigation.
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
Learn more about how Statista can support your business.
EIA. (June 20, 2025). Average prices for natural gas in the United States from 2008 to 2024, by sector (in U.S. dollars per 1,000 cubic feet) [Graph]. In Statista. Retrieved August 13, 2025, from https://www.statista.com/statistics/187308/average-price-for-natural-gas-in-the-us-by-sector-since-2005/
EIA. "Average prices for natural gas in the United States from 2008 to 2024, by sector (in U.S. dollars per 1,000 cubic feet)." Chart. June 20, 2025. Statista. Accessed August 13, 2025. https://www.statista.com/statistics/187308/average-price-for-natural-gas-in-the-us-by-sector-since-2005/
EIA. (2025). Average prices for natural gas in the United States from 2008 to 2024, by sector (in U.S. dollars per 1,000 cubic feet). Statista. Statista Inc.. Accessed: August 13, 2025. https://www.statista.com/statistics/187308/average-price-for-natural-gas-in-the-us-by-sector-since-2005/
EIA. "Average Prices for Natural Gas in The United States from 2008 to 2024, by Sector (in U.S. Dollars per 1,000 Cubic Feet)." Statista, Statista Inc., 20 Jun 2025, https://www.statista.com/statistics/187308/average-price-for-natural-gas-in-the-us-by-sector-since-2005/
EIA, Average prices for natural gas in the United States from 2008 to 2024, by sector (in U.S. dollars per 1,000 cubic feet) Statista, https://www.statista.com/statistics/187308/average-price-for-natural-gas-in-the-us-by-sector-since-2005/ (last visited August 13, 2025)
Average prices for natural gas in the United States from 2008 to 2024, by sector (in U.S. dollars per 1,000 cubic feet) [Graph], EIA, June 20, 2025. [Online]. Available: https://www.statista.com/statistics/187308/average-price-for-natural-gas-in-the-us-by-sector-since-2005/
Advertisement
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.