Natural gas prices
March 2024:
The world average price is USD 0.080 per kWh for household users and USD 0.070 per kWh for business users.
Prices in the U.S. are about USD 0.04 per kWh for households and businesses.
Elsewhere, Iran, Algeria, Russia, and several other countries with abundant domestic energy resources and heavy subsidies have very low residential prices of less than USD 0.01 per kWh.
Moderate prices are seen in Argentina (0.007), Turkey (0.015), and Ukraine (0.022) where prices are determined by a mix of domestic production and imports.
Prices in Europe are generally higher due to limited resources and import reliance, with Poland at 0.096, the UK at USD 0.099, Germany at USD 0.096, and France at USD 0.124.
The highest prices are in Sweden (0.224), Brazil (0.217), and Singapore (0.196) as a result of high taxation and import costs.
The natural gas prices for business consumers follow a similar pattern.
The latest business and household natural gas data from September 2024 are available for download.
The latest business and household natural gas data from September 2024 are available for download.
Natural gas prices for households, March 2024
(kWh, U.S. Dollar)
(kWh, U.S. Dollar)
0.001
0.003
0.006
0.007
0.007
0.007
0.013
0.014
0.014
0.015
0.022
0.028
0.029
0.030
0.038
0.042
0.044
0.054
0.054
0.055
0.061
0.067
0.068
0.071
0.072
0.085
0.087
0.087
0.094
0.094
0.096
0.096
0.099
0.099
0.101
0.124
0.127
0.132
0.135
0.136
0.137
0.145
0.145
0.151
0.195
0.196
0.217
0.224
0
0.1
0.1
0.2
0.22
Chart: World average natural gas prices over time, USD / kWh, Q1 2020 - Q3 2024
Chart: Average natural gas prices in Europe over time, USD / kWh, Q1 2020 - Q3 2024
About the data Various countries report natural gas prices in kWh, Gigajoules or cubic meters and, for consistency, we report all prices in kWh. For both households and businesses, we collect several data points at different levels of consumption as prices often vary with consumption. On the chart, for households we show the prices at household consumption of 30,000 kWh per year and for businesses we use 1,000,000 kWh per year. The prices include all items in the natural gas bill. The methodology of price collection is described on the about page.
Chart: Average natural gas prices in Europe over time, USD / kWh, Q1 2020 - Q3 2024
About the data Various countries report natural gas prices in kWh, Gigajoules or cubic meters and, for consistency, we report all prices in kWh. For both households and businesses, we collect several data points at different levels of consumption as prices often vary with consumption. On the chart, for households we show the prices at household consumption of 30,000 kWh per year and for businesses we use 1,000,000 kWh per year. The prices include all items in the natural gas bill. The methodology of price collection is described on the about page.
