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How Much Does an Oil Furnace Cost to Install?

Average cost: $2,245 - $7,450

Low End
$2,245
Average
$4,848
High End
$7,450

The average oil furnace costs between $500 and $2,500 for the unit alone. 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 will be around $5,700. See costs by brands below.

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