One of the most common ways to heat a home is with a forced hot air furnace. They use ducts to move warm air to vents in your floor, walls, or ceiling. Until the warmer weather arrives, you’ll need a reliable heating system to keep your home cozy during the coldest months of the year.
As a result, if your gas furnace breaks down in the winter, you can’t ignore the problem. Furnaces can last for many years if they are well-maintained and just require minor repairs on occasion. However, if your furnace has completely ceased operating, you may need to replace it. You should learn more about the price of installing a new furnace before contacting your local HVAC professional to schedule an installation.
The Average Cost Of Replacing A Furnace
New furnace installation costs are determined by the energy efficiency and BTU capacity of the heater. Some other major factors are the size of your home, ductwork changes, labor costs, and the intricacy of the installation.
The price of installing or replacing a furnace varies, but the typical price is around $4,500. A furnace can cost as little as $150 to install on the low end and as much as $9,500 on the high end.
Electric furnaces are less expensive and range in price lower than other types. Prices for a gas furnace range from $2,000 to $10,000, with higher costs associated with higher-efficiency models or more difficult installation. Keep in mind that labor will set you back between $500 and $1,000.
Depending on the type of system, efficiency rating, and task complexity, furnace installation labor costs range from $600 to $3100. Furnace installers charge between $70 and $100 per hour, plus an additional $30 to $50 per hour for each assistant. Installing a furnace might take anything from 4 to 18 hours. Here is a breakdown of labor costs based on furnace type. It is recommended that you look for an HVAC contractor near me to work on your system for several hours.
Gas, oil, propane, or electricity can all be used to power a furnace. The item and the installation are both priced separately for each. The average cost of each type of unit, as well as the cost to have it installed, may be found below –
- Electric Furnace
These can cost you somewhere around $700 to $1,100. The cost of installation varies between $1,600 to $3,200.
- Propane Furnace
These range in price from $600 to $3,600 for the unit itself, and from about $3,000 to $6,000 to have them installed.
- Natural Gas Furnace
These cost between $500 and $3,500, with installation charges ranging from $4,000 to $8,000.
- Oil Furnace
These cost between $1,700 and $5,000, with total installation expenses ranging between $5,000 and $9,000.