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How Much Does a New Furnace Cost

When it rains, it’s cold. When it’s snowing, it’s cold. Furnaces are sure ways to keep you snuggly warm from the chilliness of the weather conditions, making them one of the necessities in American homes.

Heaters use coils, instead of water, to heat a home and consume fuel to warm the coils. These heaters use a blower to puff the air across the coils. Thus, the air is warmed up and goes through your ducts.

Furnaces work by using propane gas, natural gas or electricity as their power source. Some people have already made use of oil furnaces, geothermal furnaces, and solar-powered heaters as alternative options to their homes.

To know your furnace’s efficiency, search its AFUE, or Annual Fuel Utilization Efficiency rating. The higher the value of the AFUE, the more efficient the furnace is operating. Like say, if your furnace has an AFUE of 73, it converts 73% of the fuel to heat and loses 27% of the combustion course.

Whenever you think of repairing a broken furnace or buy a new one, you always think first of its price. But before anything else, before shopping for a new heating system, you might need to consult with a professional Heating, Ventilation and Air Conditioning (HVAC for short). Your hired HVAC can assess house in its size, makeup, layout and help you decide which furnace is best for you or how much does a new furnace cost.

Furnace prices are no joke. It costs much, but the need to warm yourself during the freezing weather conditions outweighs how much does a new furnace cost.

Factors That Affect The Price

Furnace Efficiency. As stated above, a heater’s efficiency is verified by the AFUE rating. The higher the value, the more efficient the furnace is, and the pricier it gets. Efficiency is important in determining furnace prices. And don’t you know propane and natural gas are more efficient, and thus, more expensive than electric heaters? They also need regular maintenance.

Size Matters. The more spacious your house, apartment or condo is, the more costly your furnace will be. Your furnace must be convenient to the size of your home. A heater with excess capacity will heat you up like a sauna, and an underperforming one will freeze you by the morning.

Average New Furnaces Cost

According to Home Advisor, the national average cost of furnace replacement is $3,940, with most people spending between $2,309 and $5,573. The lowest cost of a furnace is reportedly at $190 with the highest of about $8,300.

  • Depending on fuel type

Gas furnaces are the most highly used, and sought after furnaces, especially in locations in the country that experience harsh weathers. The furnace prices itemized below represents the cost for a standard American house with basic needs.

For example, the Payne Gas furnace brand is estimated to price around $680 with installation costs of $1,820. Goodman costs $695 with installation of$1,860, while Coleman    charges you $780 and $2,360 for installation proceedings. Other brands like York offer it for $785 and installation with $2,100, Heil has it for $860 and can install it for $2,300, Amana is around $897 and a setup for $2,385, Nordyne charges it at $925 and $2,490 for setup, Bryant got it for $980 and $2,570, Rheem is $1,100 and $2,940, Carrier got $1,164 and $3,095, Ruud for $1,185     and $3,180, Trane is $1,275 and with $3,560, American Standard costs $1,350 and $3,620, and Lennox is priced at $1,410 and $3,990 for installation.

There is also the possibility that gas as fuel can be converted propane for a small fee. Conversion can range from $25 to $100.

Electric furnaces are widely used in cities and towns where no harsh winters are coming up. That’s why these heating systems are not that much of a demand than gas furnaces. Electric furnaces function at high efficiency and are pricey given that they use much electricity to give heat.

Also published by Home Advisor, these are the average prices for the following electric furnaces. Goodman’s furnace prices are at $395 and an installation fee of $1,657, while Payne is at $425and $1,720, Heil costs $440 and an installation fee of $1,590, Amana charges $460 for the furnace and installation for $1,720, Coleman furnace is available for $480 and with fees around $1,800, both Rheem and Ruud can be purchased at $520 with an installation fee of $1,945, Bryant furnaces cost $540 and $1,800, York has it for $610 and $2,050, Carrier costs $753 and can be installed for $2,100, Trane is there for $1,130 and $2,265, Lennox    costs $1,145 and installs for $2,420 and American Standard is purchased at $1,165 with installation for $2,457.

Oil furnaces in some way are still used around the country especially in locations that have access to oil. But because of the fluctuation in current oil prices, people are a bit hesitant in buying it to fuel their furnace. Installation costs are pricier because professionals are the ones handling the procedures. Oil furnaces have prices ranging from $1,300 to $2,300 with installation costs between 44,600 to $7,000.

Taking care of your furnace

A good heater can live up to 15 to 25 years. Anything beyond that is a miracle. So, if you want to see your heater living off that long you also have to take care of it. Have your furnace get inspected on an annual basis. Not only will a professional get to check your heater system, but you can also save money on various hidden costs that may happen in the future.

Here’s what you can do to take care of your furnace:

During hot seasons, clean the air vent regularly. The humidity and heat will cause your furnace to malfunction. And when you know the snow or storm season, change your furnace filter every month.

Take the dust out around the vent opening. You can do this by using your vacuum hose to suck the dirt.

Regular maintenance will boost your furnace’s performance.

The post How Much Does a New Furnace Cost appeared first on How Coster.



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