FurnaceInstallationCost.com
2026Updated Apr 28Independent · ad-light

Furnace installation cost in 2026

The complete pricing guide for replacing a residential furnace in the United States. Cost ranges by fuel type, AFUE tier, brand, and house size, with sizing and payback calculators that do not bury results behind a lead form.

Not affiliated with any HVAC manufacturer or installer. Pricing is sourced from industry datasets, manufacturer MSRPs, and quote samples across 12 US metros.

Quick answer

National installed range

Gas furnace$3,500–$14,000
Electric furnace$2,500–$5,500
Oil furnace$5,500–$10,000
Heat pump alt.$8,000–$18,000

National average gas install in 2026: $5,500 for a 90% AFUE single-stage in a 1,800 sq ft home.

Estimator

Furnace installation cost calculator

Updated April 2026

Fuel

Efficiency tier

Home size

Climate zone

Estimated installed cost

202690-92%

$4,450$7,950

Natural gas · 60,000-80,000 BTU · moderate climate

Equipment

$3,100–$5,100

Labour

$1,100–$2,600

Annual heating cost

$528–$1,056 per year

Pays back in 8.3 years

The 90-92% upgrade saves about $108/yr versus standard 80% AFUE. Over 15 years that is $1,620.

Estimate includes equipment, labour, permits, and old-unit removal. Excludes ductwork modifications, gas line work, and electrical upgrades.

Step 2

Cost by house size

Bigger homes need higher-BTU furnaces, which cost more in equipment and labour. Climate zone matters too, a 2,000 sq ft home in Minnesota needs more heating capacity than the same square footage in Tennessee.

Home sizeBTU neededGas installedElectric installedOil installed
1,000 sq ft40-60k$3,500–$5,500$2,500–$3,800$5,500–$7,500
1,500 sq ft60-80k$4,200–$7,000$3,000–$4,300$6,200–$8,500
2,000 sq ft80-100k$5,000–$8,500$3,500–$4,800$7,000–$9,500
2,500 sq ft100-120k$5,800–$10,500$4,000–$5,200$7,800–$10,000
3,000+ sq ft120k+$6,800–$14,000$4,500–$5,500$8,500–$10,000+

Ranges assume 90% AFUE for gas, standard electric resistance, and standard oil. Add 15-25% for variable-speed and 95-98% AFUE units.

AFUE tiers

Efficiency is where you save

AFUE is the share of every dollar of gas that becomes heat in your home. A standard 80% unit wastes 20 cents of every dollar up the flue. A condensing 95-98% unit captures most of that back through a secondary heat exchanger.

Open payback calculator
80%AFUE

Standard

Premium: $0

Payback: n/a (baseline)

92%AFUE

Mid-efficiency

Premium: +$700-$1,200

Payback: 6-9 yrs in cold climate

96%AFUE

High-efficiency condensing

Premium: +$1,500-$2,500

Payback: 5-8 yrs in cold climate

98%AFUE

Top-tier modulating

Premium: +$3,000-$4,500

Payback: 9-12 yrs even in cold climate

Brands

Installed cost by brand

Full brand comparison →
BrandTierInstalled rangeNotes
CarrierPremium$5,000–$12,000Best warranties, quietest blowers
LennoxPremium$5,200–$13,500Best warranties, quietest blowers
TranePremium$5,000–$11,500Best warranties, quietest blowers
BryantMid-tier$4,200–$9,000Good value, wide dealer network
RheemMid-tier$3,800–$8,500Good value, wide dealer network
American StandardMid-tier$4,500–$10,000Good value, wide dealer network
YorkMid-tier$4,000–$8,500Good value, wide dealer network
GoodmanValue$3,500–$7,500Lowest price, similar AFUE performance
HeilValue$3,500–$7,200Lowest price, similar AFUE performance

Repair vs replace

Six signs the furnace is done

When two or more of these line up, the math usually favours replacement over a fourth or fifth repair. See the 50% rule →

15+

Age over 15 years

Gas furnaces are designed for 15 to 20 years. After that, parts get harder to source and efficiency drops every winter.

2x

More than one repair a year

Two service calls in a season is the tipping point. Repair bills add up to a new furnace payment fast.

$$

Gas bills creeping up

Same usage habits but higher bills means efficiency is dropping. Compare year over year on the utility statement.

20%

Uneven heating room to room

Cold rooms downstairs, hot upstairs, the blower can no longer push heat through the duct system the way it did new.

Co

Yellow burner flame

A healthy gas burner runs blue. Yellow or flickering means incomplete combustion and a carbon monoxide risk worth taking seriously.

dB

Banging, rumbling, or squealing

New furnaces are quiet. A loud cycle-on usually points to motor bearings, ignition issues, or a cracked heat exchanger.

2026 question

Should it be a heat pump instead?

Heat pumps cost more upfront ($8,000-$18,000 cold-climate) but run on 35-45% less energy in moderate climates and qualify for HEEHRA rebates of $2,000-$10,000 in participating states. Modern cold-climate heat pumps work to -5°F. Worth doing the math before locking in a new furnace.

Frequently asked questions

How much does it cost to install a new furnace in 2026?+
Installed costs in 2026: gas furnace $3,500 to $14,000 (typical $5,500), electric furnace $2,500 to $5,500, oil furnace $5,500 to $10,000. Equipment is roughly 50 to 60% of the total, labour 25 to 35%, with permits and old-unit removal making up the rest. High-efficiency 95%+ AFUE models add $1,500 to $2,500 versus 80% AFUE.
Is gas or electric heat cheaper to run?+
Natural gas is cheaper to operate in most US states, typically costing about one-third the price of electricity per BTU of heat. Electric resistance furnaces have the lowest upfront cost but the highest operating cost. In areas with very cheap electricity (parts of the Pacific Northwest and the Southeast) electric becomes more competitive, but a heat pump is almost always a better choice than an electric furnace.
Is a 95 to 96% AFUE furnace worth the extra cost?+
For most homeowners replacing an 80% AFUE furnace, upgrading to 95 to 96% AFUE adds $1,500 to $2,500 and pays back in 5 to 8 years through lower gas bills. Payback is fastest in cold climates with long heating seasons (Minnesota, Wisconsin, Michigan, Colorado) and slowest in mild climates where heating is only 3 to 4 months a year.
How long does a furnace last?+
Gas furnaces last 15 to 20 years with annual maintenance. Electric furnaces last 20 to 30 years (no combustion means fewer parts to fail). Oil furnaces last 15 to 25 years but require more frequent service. If your furnace is 15+ years old and needing repairs more than once a year, replacement is usually more cost-effective than continued repair.
Are there federal tax credits for furnaces in 2026?+
The federal Section 25C Energy Efficient Home Improvement Credit expired December 31, 2025. There is currently no federal tax credit for gas, electric, or oil furnaces in 2026. State and utility rebates of $100 to $500 for high-efficiency furnaces are still widely available, and HEEHRA heat pump rebates of $2,000 to $10,000 are running in participating states.

Updated 2026-04-28