How Much Does a Furnace Cost for Your Home?

Is the furnace in your home on its last legs? If so, you’re going to want to start thinking about replacing it sooner rather than later.

As part of this process, you should ask yourself, “How much does a furnace cost?” The last thing that you want to do is wait until the last minute to find out the new furnace cost and get stuck footing the bill for a furnace that is more expensive than you were anticipating.


Generally speaking, new furnaces often go for anywhere from $400 to well over $10,000. Your exact furnace cost is going to depend on a wide range of different factors.

Would you like to learn about some of the factors that are going to change the cost of a furnace? Let’s take a closer look at what’s going to go into the price that you’ll pay for a new furnace for your home.

What Brand Furance Are You Going to Buy?

After you ask yourself, “Is furnace repair or replacement right for me?”, and decide that replacement would be the better option, you can start the process of shopping around for furnaces. You’re going to find that there are so many different ones for you to choose from.

More specifically, there are a bunch of different brands that you can consider going with when you’re in the market for a new furnace. Some of the most popular ones are:

  • Trane
  • Rheem
  • Lennox
  • Goodman
  • Bryant

You should make it your mission to learn as much as you can about each of these brands. They’re all going to come with a different price tag attached to them, so you should make sure you feel comfortable buying a furnace from a particular brand before doing it.

How Big Is Your Furnace Going to Be?

When you’re purchasing a new furnace for your home, it’s going to be essential for you to buy one that’s the right size for your house. And that doesn’t necessarily mean just buying one that’s the same size as the one you have now!

For all you know, the furnace in your home now might be too big or too small based on the square footage of your home. It could result in your furnace not heating your home efficiently enough.

You should work with an HVAC company that can determine how big your furnace should be. By buying the right size furnace, you’ll ensure that you’re able to heat your home without spending a small fortune on your heating costs.

That being said, the size of your furnace is going to have an impact on your answer to the question, “How much does a furnace cost?” You might end up paying more for a larger furnace for your home than you would for a smaller model.

Is Your Furnace Going to Run on Gas or Oil?

The furnace that you have in your home is powered by either gas or oil. You should know which one it is when you’re searching for a new furnace.

Although you’re not really going to have much say in whether you go with a gas or oil furnace, there is going to be a slight difference in the price that you’ll pay for one versus the other. It’s good to know this going in so that you’re not surprised if you’re asked to pay a little more for a gas or oil furnace.

Who Is Going to Install Your Furnace?

One of the best ways to make sure you’re getting a great deal on a new furnace for your home is by purchasing it through the right HVAC company. There is no shortage of options when it comes to HVAC companies in this country.

At the moment, there are well over 100,000 HVAC companies scattered across the U.S. Your job is going to be to find the right company to set you up with the furnace that you need.

If you hire an inexperienced company that doesn’t have good relationships with furnace manufacturers, you could pay more than you would have to otherwise when working with a more established company. It’s why you should look hard for a great HVAC company that is equipped to handle your heating and cooling needs.

You could save yourself quite a bit of money by going with one HVAC company over another. It never hurts to call around to a few of your local options to get quotes from them. It’ll show you which options you should consider.

How Quickly Are You Going to Need to Have Your Furnace Installed?

It’s always good to try and plan ahead as best you can as far as furnace replacement is concerned. The reason being, you’re going to put yourself into a tough position if you wait until your furnace dies on you to replace it.

You won’t be able to live in your house for very long without a fully-functioning furnace. So you’re going to have to pay whatever an HVAC company charges you to have a new one put into place when yours dies on you if you don’t think ahead.

By planning for a furnace replacement, you’ll reduce the need for emergency heating services. This will cut down on your furnace installation prices and get you a better overall deal on a new furnace.

So, How Much Does a Furnace Cost? The Answers to These Questions Will Help Determine It

As you might imagine, it’s tricky trying to answer the question, “How much does a furnace cost?” You’re going to have to answer all the questions found here to get a better idea of what the new furnace cost will be for you.

Go through these questions and attempt to answer them to the best of your ability. It should shed some light on what kinds of furnace prices you’re going to face when you go to buy one.

Want to read more on maintaining, repairing, and replacing the furnace in your home? Check out the other articles on our blog to learn all about doing these things.

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