20 lb Propane Tank Cost: Refill vs Exchange Prices (2026)
Refill costs $12-$20 for a full 20 lbs. Exchange costs $22-$30 for only 15 lbs. Refilling is almost always the better deal.
Refill vs Exchange: Side-by-Side Comparison
| Factor | Refill | Exchange (Blue Rhino / AmeriGas) |
|---|---|---|
| Cost | $12-$20 | $22-$30 |
| Propane Amount | 20 lbs (full) | 15 lbs (75% full) |
| Cost per Pound | $0.60-$1.00 | $1.47-$2.00 |
| Your Tank | Keep your own tank | Swap for a different tank |
| Accepts Old/Expired Tanks | No - must be in good condition | Yes - great for expired tanks |
| Wait Time | 5-10 minutes to fill | 2-3 minutes (tank swap) |
| Availability | Propane dealers, U-Haul, some hardware | Walmart, Home Depot, most gas stations |
Retailer Price Comparison: Where to Refill or Exchange (2026)
| Retailer | Type | Price Range | Propane Amount | Notes |
|---|---|---|---|---|
| Costco | Refill | $10-$14 | 20 lbs | Members only. Best price available. Not all locations have refill stations. |
| Tractor Supply Co. | Refill | $13-$16 | 20 lbs | Widely available in rural and suburban areas. Consistent pricing. |
| U-Haul | Refill | $14-$18 | 20 lbs | Convenient locations. Often open 7 days. Slightly pricier than TSC. |
| Ace Hardware | Refill | $15-$20 | 20 lbs | Varies by independently-owned location. Call ahead to confirm. |
| Local Propane Dealer | Refill | $14-$22 | 20 lbs | Price varies significantly by region. Often most competitive in rural areas. |
| Walmart | Exchange | $22-$28 | 15 lbs | Blue Rhino or AmeriGas exchange. Convenient but expensive per pound. |
| Home Depot | Exchange | $23-$28 | 15 lbs | Blue Rhino exchange at most locations. Ubiquitous but pricey. |
| Lowe's | Exchange | $22-$27 | 15 lbs | Similar to Home Depot. Exchange only. |
| Most Gas Stations | Exchange | $24-$32 | 15 lbs | Highest price point. Acceptable only in emergency situations. |
How Long Does a 20 lb Tank Last?
New Tank Purchase Cost
Buying a new 20 lb propane tank costs $30 to $60 depending on brand and retailer. Manchester Tank, Worthington, and AmeriGas are common brands. After purchase, you need to get it filled (not included in the purchase price).
When buying new: check that the valve is OPD-compliant (required since 2002). Look for the triangular handwheel on the valve - that indicates OPD compliance.
20 lb Tank Expiration and Recertification
Every propane tank has a manufacture date stamped on the collar (the metal ring at the top). This date is in MM/YY format - for example, "04/13" means April 2013. Tanks expire 12 years after this date and cannot be refilled until recertified.
| Recertification Stage | When | Cost | Where |
|---|---|---|---|
| First recertification | 12 years after manufacture date | $30-$60 | Propane dealers, fire departments, specialty shops |
| Subsequent recertifications | Every 5 years after first recert | $30-$60 | Same as above |
| Tank replacement | If recertification fails or not worth cost | $30-$60 for new tank | Retailers selling tanks |
If your tank is near expiration, the exchange program is a smart option - they accept expired tanks and give you a freshly recertified one. Just be aware you are paying more per pound of propane for that convenience.
Tips to Save on 20 lb Propane
Prices are lowest May through August. Stock up an extra tank if you have storage space.
Unless your tank is expired, refilling at a dealer saves $8 to $15 per fill vs exchange programs.
If you are a Costco member, their refill station is typically 20 to 30% cheaper than alternatives.
Keeping 2 tanks means you can refill both at once and never run out mid-cook. Buy when on sale at season start.
If a tank is near empty (close to TW on collar), you will get more value from a full refill than topping off.