What Does a New Furnace Cost?


If you’ve been looking around for a complete set of furnace prices based on brands you’ve come to the right place. You might be wondering which brand is affordable but has the highest quality. Or maybe what do gas furnaces cost with installation included?

First things first — Figure Out What Kind of Fuel Works Best For You.

When you see how much more efficient gas furnaces are compared to oil furnaces, it’s easy to see why gas is such a popular option. However, all of that energy efficiency comes at a price! The average gas furnace with a 90% AFUE (that’s the rating that determines just how energy-efficient your furnace is) will cost you about $2,500 (and, of course, that doesn’t include installation costs.

Count on spending about $2,000 to have your new furnace installed). If you opt for a multi-stage gas furnace, you’ll get even more energy efficiency, but you’ll also wind up spending hundreds of dollars more on it!

furnace pricesCompare that to the average oil furnace — which will cost you about $2,000. Sure, that’s a big difference, but you’ll also get a lower AFUE.

Electric furnaces are also an option, but they’re the most expensive option. On the bright side, though, they’ll also last the longest. On average, you can count on an electric furnace lasting about 20 or 30 years — as opposed to the 15 or so years you’ll get out of your gas or oil furnace.

Once You’ve Decided On a Fuel, Figure Out Which AFUE Is Right For You.

Going from an 80% AFUE furnace to one with a 90% AFUE will cost you a few extra hundred dollars, but you might be able to cut as much as 20% off your energy bills with it! So, the question is — are you willing to pay slightly higher furnace prices now in order to get lower energy costs later?

How Much Does It Cost To Get The Best AFUE?

You can’t do much better than Carrier’s Infinity Series. In fact, the Infinity 96 gets its name from its 96% AFUE! If you want an 80,000 BTU Infinity 96 (which would be strong enough to heat a 2,000 square foot home in the Midwest), you’ll be lucky to pay $2,700 for it.

Need Something That Isn’t As Much of a Budget-Buster?

The Trane XL80 is one of the cheapest brand name furnaces out there. It comes with an 80% AFUE, and it will cost you about $1,500.

Want Something In Between?

Luckily, all of the big names — like Trane, Carrier, Rheem, American Standard, Bryant, and Lennox — offer Energy Star models. That means you’ll get an AFUE of at least 85%, so you’ll be able to compare a variety of furnace costs without sacrificing much in the way of efficiency.

Popular Gas Furnace Models By Price:

  • Carrier Performance Gas 96 Furnace – Cost Installed Approximately $2900. Click Here For More Prices.
  • Lennox Signature Collection SLP98V Furnace – Installed Cost $5,150 – $12.000. Click Here For More Prices.
  • Payne 80% Gas Furnace PG8MEA – Uninstalled Cost $1,000-$1,200. More Prices Here.
  • Trane XR95 Gas Furnace – Installed Cost Between $2,750-$10,500. More Prices Here.
  • Goodman GMVM96 – 96% AFUE (Top of the Line) – Price With Installation Between $5,500 – $8,000. More Prices Here.
  • Bryant Evolution System Plus 95S – 95% AFUE – Installed Cost – $3,750 – $13,000. Get More Prices Here.
  • American Standard Platinum ZV – 95% AFUE – Installed Cost – $2,900 – $13,000. See All Prices Here.
  • Amana AMVM96 Premium – 96% AFUE – Installed Cost – $5,500 – $8,000. See More Prices Here.
  • York Affinity Series YP9C – 98% AFUE – Price Installed – $6,000 – $14,000.

See Also:  Gas Furnace Comparisons and Ratings


Questions and Answers:

What Do Gas Furnaces Cost?

Gas furnaces are listed as being all the way from $2000 to $10,000 for expensive ones.

Are Gas Furnaces Cheaper Than an Electric Furnace?

Electric furnances are generally cheaper than the average gas furnace. The prices for electric furnaces begin at $1,000. While, gas furnaces begin at $2,000 uninstalled.

What Do Oil Furnaces Cost?

Oil furnaces are generally retail at around $2,000 like the gas furnaces. Once again, they can go all the way up to $10,000 for the high-end ones.

Are Oil Furnaces Cheaper or More Expensive Then Gas Furnaces?

They are listed at around the same prices. It comes down to preference with these two types of furnaces.

What Do Electric Furnaces Cost?

Electric furnaces are generally sold at $1,000 uninstalled. More info here.

Are Electric Furnaces Cheaper or More Expensive Than Gas Furnaces?

Electric furnaces are cheaper than the average gas furnace. Electric furnaces begin at $1,000, while gas furnaces are listed at $2,000. The high-end electric furnace goes at around $3,000, while the high-end gas furnaces go up to $10,000.

What Do Propane Furnaces Cost?

Propane furnaces are about making a long-term investment. What does this mean? The idea is the up front costs are higher than any of the other furnaces, but it lasts longer and is more durable. It will pay off in the long-term. Learn more here.

Can I Find Furnace Prices at Lowes.com?

Yes, one can find a small range of brands and prices on Lowes.com. These prices are dependent upon one’s area.  Lowes.com has a range of furnaces that are both gas and electric. They have a large collection of Winchester models that vary in both price and quality.

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What Does a New Furnace Cost?
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What Does a New Furnace Cost?
See what different furnace brands cost.
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