Whether your current furnace has finally stopped working and has to be replaced, or you’re just beginning to think about investing, you’re probably curious how much money these days will get you a brand-new furnace. The cost of a new furnace may be relatively high, so it’s helpful to have an estimate in consideration so you can plan accordingly.

Here, we’ll explain the topic in further detail by breaking down the typical cost of replacing a furnace, the associated installation fees, and how these figures change depending on your chosen model.

How Much Does a New Furnace Typically Cost?

The typical cost to replace a furnace and have it professionally installed in (region) is about $7,700. Nevertheless, the price of a new furnace may vary greatly depending on the model you choose; for this reason, we’ve included a breakdown of prices per furnace model.

Gas Furnaces

Gas furnaces are more expensive to purchase and set up than electric ones. The inexpensive cost of gas fuel, however, has made gas furnaces the most common furnace in America.

Cost of a gas furnace?

The total price, including labor to set it up, ranges from $2,500.00 – $10,000.00. However, if you need a gas line installed in your house, know that the installation cost might be greater. Before buying a gas furnace, it’s crucial to confirm whether natural gas service is accessible in your region, particularly if you reside in a more remote part of (region).

Electric Furnaces

If you’re looking for a new furnace, an electric one is your best bet in terms of price and ease of installation. They are convenient because of their compact size and the absence of the need for elaborate ventilation systems, fuel lines, or storage chambers. Most houses in the (region) are wired for electricity, making it easy to connect the furnace to the grid system.

Cost of an electric furnace?

The cost of acquiring and setting up a new electric furnace typically ranges between $1,000 and $2,500. Remember that electricity is often more expensive when comparing electricity and gas prices. “region” and others living in similarly cold regions should give this issue extra attention.

Oil Furnaces

Although oil furnaces are no longer often utilized, you can still find them for sale in the market or online. Their prime was in the mid-20th century when oil was inexpensive, and the country was flooded with them.

Cost of an oil furnace?

Depending on the specifics, the cost to set up an oil furnace might range from $4,000-$8,000. However, if pipework has to be modified, these prices might go up.

Reliable HVAC Specialist Near You

To save money on heating costs without sacrificing comfort, it is recommended that you have a furnace expert inspect your property. They’ll be able to guide you toward a furnace that is ideal for your home’s layout and dimensions. 

The experts at Frost Heating & Cooling do a thorough house inspection before installing any furnace to serve customers better. 

We provide timely, expert furnace installation and repair services across Everett, Mill Creek, Bothell, and Lynnwood. Contact us now to schedule an appointment with our experts. You can also call us at 206-778-2848 for a free estimate