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Full Price Breakdown  ·  Tank, Freight, Refill and Installation

500 Gallon Propane Tank Cost

500 gallon propane tank cost ranges from $2,200 used to $4,000 new underground. The 500 gallon propane tank cost depends on condition, orientation, and freight to your address. New above ground is $3,500. New underground is $4,000. Used and recertified is $2,200. This page breaks down every component of the 500 gallon propane tank cost tank, freight, refill, and installation.

New Above Ground
$3,500
New Underground
$4,000
Used Above Ground
$2,200
Avg Refill Cost
~$750
Installation
Varies

500 Gallon Propane Tank Cost Complete Breakdown

Tank price by condition and configuration
Configuration
Condition
Price
Notes
Above Ground
New
$3,500
Factory sealed, ASME certified, saddle legs included
Underground
New
$4,000
Factory burial coated, ASME certified, direct burial ready
Above Ground
Used
$2,200
Inspected, pressure-tested, ASME recertified
Freight
All
Varies
Calculated from your ZIP after order. Added to invoice before payment.

Why Does the 500 Gallon Propane Tank Cost Vary?

The cost varies by three factors. First, condition new tanks are factory sealed and cost more than used and recertified tanks. Second, orientation underground tanks require a factory burial coating that adds $500 to the above ground price. Third, freight the cost to ship a 500 gallon tank by flatbed freight varies significantly by delivery ZIP code.

The tank price itself is fixed regardless of where you are in the US. What changes is freight. A delivery to Texas costs less than a delivery to Montana because of distance from distribution. We calculate freight to your ZIP after order submission and add it to the invoice before any payment is taken.

500 Gallon Propane Tank Installation Cost

Installation is not included in the tank price and is arranged locally with a licensed propane contractor after delivery. Above ground installation typically involves a concrete pad, saddle legs, regulator, and piping. Underground installation requires excavation, bedding, burial, and connection per NFPA 58. Installation costs vary significantly by region, contractor, and site conditions. Budget $500 to $2,000 for above ground and $1,500 to $4,000 for underground as a general estimate. Get quotes from local propane contractors before ordering.

500 Gallon Propane Tank Cost vs Other Sizes

The 500 gallon tank sits in the middle of the residential range. A new 250 gallon above ground costs $2,000. A new 1000 gallon above ground costs $5,550. The 500 gallon is often the best value per gallon of working capacity for a standard residential property. Full propane tank size comparison.

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Order Summary
Tank
Condition
Tank Price
FreightQuoted after submission
Name
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Window
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Total (excl. freight)
We will contact you within 2 hours to confirm your order and arrange delivery.
Order Received

We will be in touch within 2 hours during business hours to confirm your order and arrange delivery.

1We contact you within 2 hours to confirm your order details.
2We arrange freight delivery to your address and confirm the schedule.
3Your ASME certified tank ships and arrives in 5 to 10 business days.
500 Gal Refill Cost
~$750
Average refill cost at $1.50 to $2.50 per gallon for 400 gallons working fill. Varies significantly by region and season.
Annual Refill Cost
$750 to $2,500
Depends on climate, number of appliances, and current propane prices. Cold climates may require two fills per year.
Cost Per Gallon
$1.50 to $2.50
National average for residential propane. Prices vary by region, supplier, and season. Lock-in pricing available from most suppliers.

500 Gallon Propane Tank Cost FAQ

Common cost questions answered
What is the 500 gallon propane tank cost new vs used?

New above ground is $3,500. Used and recertified above ground is $2,200. The $1,300 difference reflects cosmetic condition only. Both meet the same ASME Section VIII certification. View used 500 gallon tanks.

Does the 500 gallon propane tank cost include freight?

No. The prices listed are tank only. Freight is calculated from your delivery ZIP code after order submission and added to the invoice. We contact you within 2 hours to confirm your order and provide the full total including freight before any payment is taken.

What is the 500 gallon propane tank refill cost?

The 500 gallon propane tank refill cost averages $750 to $1,000 at typical propane prices of $1.50 to $2.50 per gallon for a 400 gallon fill. Propane prices vary by region and season. Your local propane supplier sets the refill price independently of the tank purchase. Full refill cost guide.

Is the underground 500 gallon propane tank cost higher?

Yes. The underground version costs $4,000 vs $3,500 above ground. The $500 difference covers the factory burial coating applied to protect the tank from soil corrosion during direct burial. Installation cost for underground is also higher due to the excavation required. View the underground option.

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