New furnace cost
The cost of a new furnace can vary widely depending on several factors, including:
- Type of furnace: Gas, oil, or electric
- Size: Larger furnaces are more expensive
- Efficiency: High-efficiency furnaces are more expensive than standard ones
- Brand and quality: Reputable brands like Carrier, Trane, and Lennox are generally more expensive than budget-friendly options
- Features: Additional features like Wi-Fi connectivity, smart thermostats, and humidity control can increase the cost
- Installation: Labor costs can vary depending on the complexity of the installation and the location
- Location: Furnace prices can vary depending on the region, city, or state
Here are some general estimates for new furnace costs:
Gas Furnaces:
- Basic, standard-efficiency gas furnace: $800-$2,000
- Mid-range, mid-efficiency gas furnace: $1,500-$3,500
- High-efficiency gas furnace: $2,500-$5,000
- Premium, high-efficiency gas furnace: $3,500-$6,000
Oil Furnaces:
- Basic, standard-efficiency oil furnace: $1,000-$2,500
- Mid-range, mid-efficiency oil furnace: $2,000-$4,000
- High-efficiency oil furnace: $3,000-$5,500
- Premium, high-efficiency oil furnace: $4,000-$7,000
Electric Furnaces:
- Basic, standard-efficiency electric furnace: $500-$1,500
- Mid-range, mid-efficiency electric furnace: $1,000-$2,500
- High-efficiency electric furnace: $1,500-$3,500
- Premium, high-efficiency electric furnace: $2,500-$5,000
Total Cost:
- Installation costs: $500-$2,000 (depending on the complexity of the installation and the location)
- Total cost for a basic, standard-efficiency furnace: $1,300-$4,000
- Total cost for a mid-range, mid-efficiency furnace: $2,500-$6,000
- Total cost for a high-efficiency furnace: $4,000-$8,000
- Total cost for a premium, high-efficiency furnace: $6,000-$12,000
Keep in mind that these estimates are general and can vary depending on your specific situation. It's always a good idea to get quotes from multiple HVAC contractors to get a more accurate estimate for your new furnace.