Question: how much does it cost to replace an oil burning furnace?
Answer: Prices of a new oil furnace will change with size, brand, and energy efficiency. Oil burning furnaces at that price point can heat a house that is around 2400 square feet or less. Larger homes will require larger oil furnaces in the $3,200 to $4,200 range. The average cost for total installation would be around $5,700.