Standard efficiency gas furnace: $1,500 - $3,000
Mid-efficiency gas furnace: $2,500 - $4,000
High-efficiency gas furnace: $3,500 - $7,000
These prices include the cost of the furnace unit itself and basic installation. However, the total cost may be higher if you need additional ductwork, electrical work, or permits.
Installation costs can vary based on the complexity of the installation, regional labor rates, and the HVAC contractor you choose. It's always a good idea to obtain quotes from multiple contractors to compare prices and services.
When considering the cost of a gas furnace, remember that a more efficient furnace may have a higher upfront cost, but it can save you money on energy bills in the long run. High-efficiency gas furnaces can have annual fuel utilization efficiency (AFUE) ratings of up to 98%, meaning they convert almost all of the fuel they consume into heat, resulting in lower gas bills.
It's essential to consult with a reputable HVAC contractor who can assess your home's heating needs and recommend the most suitable gas furnace for your requirements and budget.