When I moved into my house the primary heating method was a really great wood stove in the living room. There was an oil furnace, but it didn't really work. We eventually updated the furnace with a new model and then oil prices started to rise. We had an apartment added over our garage this past year which included propane and split units so we had a split installed in our house as well to heat the back rooms.

We've probably spent about 11K updating the heating in our house, which is just under 2k sqft. I spend about $300 a month on wood (6 cords @ $275 - a pretty big increase this year), about $100 a month on oil (it doesn't run much) and I've estimated about $150 a month for the electricity to run the splits. We have a couple on plug in register heaters that get used a little here and there as well. The apartment belongs to my in laws and stays cold when they're not here, so the propane bill sits around 80 bucks a month, which they pay.

So all told, we're in for maybe $550 a month to heat the place. My wife and I both work from home and keep the place toasty. Paying half the bill in June, for the wood, helps take some of the weight off the monthly bills, but even still it feels like a lot.