The average cost for furnace replacement or installation ranges from $2,500 to $7,150which would include the cost of the heating unit, materials, and labor installation costs. A natural gas furnace costs on average $2,500 to $7,200 per unit.
An electric furnace prices out to be more affordable and ranges between $1,000 to $5,500 per unit compared to a natural furnace . Labor costs will depend on local rates in your area. Other cost factors include size of the unit needed, home’s square footage, energy efficiency levels, etc. Use our HVAC installation cost calculator to get an estimate from local contractors on a new furnace.
Electric Furnace Prices: $1,000 to $5,500
Gas Furnace Prices: $2,200 to $8,596
Oil Furnace Prices: $4,276 to $6,829