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How Much Does a New Furnace Replacement Cost?

Average cost: $2,500 - $8,596

Low End
High End

The average cost for furnace replacement or installation ranges from $2,500 to $7,150 which would include the cost of furnace system, materials, and labor and installation costs. Other cost factors include type of furnace, size of the unit needed, home’s square footage, energy efficiency levels.

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Furnace Replacement Costs
Furnace Type Furnace Replacement Cost
Electric Furnace $1,000 - $5,500
Gas Furnace $2,200 - $8,596
Oil Furnace $4,276 - $6,829