New Gas Furnace Prices and Installation Costs

Controlling the climate of your home during chilly months requires a heating source and way to distribute that energy. A modern gas furnace can be your best option for a home heating source. Selecting the ideal furnace for your home can be had with a few steps that we’ll guide you through.

Gas Furnace Installation Cost Information

For a fully installed furnace, plan to spend between $2000 and $6000. The furnace units themselves are usually under $1500. But professional installation is in your best interest, for reasons we’ll explain below. The current national average is about $4200 for a new furnace installation.

HVAC contractors typically charge $50 to $75 per hour for their work, and may include an assistant, or team of three, to complete the job. Their helpers often earn $50 an hour as well. Installation generally requires 10 man hours at minimum, but can easily go up due to many reasons, usually related to adjusting or updating the forced air system.

If significant updates are needed to your ductwork, this can add up to $15,000 to the cost. Typically, it is under $10,000 and often these additional charges are only steep if converting from say an electric furnace to a gas one.

Other costs that may be included include paying for a permit and inspection services (check with your local municipality), removal and disposal of an older furnace, and miscellaneous materials needed to complete the installation.

Gas Furnace Prices for Top Brands

If you look just at the Energy Star list, which shows the many models on the market that have their stamp of approval (for being high in energy efficiency), you’ll see a good 30 brands. At least one of our top recommendations is not on their list, even though their models obtain a 98 AFUE. Go figure!

Another thing you may not realize is that many popular manufacturers normally make more than one brand of gas furnaces, with each brand typically falling into either the basic, mid-range, or premium product category.

The makers of Carrier, for instance, are United Technologies and they also make Bryant, Day & Night, Payne and Tempstar.

Carrier is considered a premium brand with reputation for reliability, while Payne is considered “budget friendly.” The technology among the devices is nearly identical. 😉

Here are the Top Five Gas Furnace Brands:

1 – Goodman – these are made by the same company that manufactures the more popular Amana brand. Goodman has basic models that come in at 80 AFUE and high efficiency models with up to 98 AFUE.

Warranties range from 20 years (for basic models) to lifetime (for premium models). You may not find the latest and greatest features in their lineup, but the ones we’ve mentioned are available. And most importantly, they are affordable, ranging from as low as $400 (for their electric furnaces) to $2100 for the highest premium (gas) model.

You can reasonably plan to spend $700 to $1200 for a Goodman furnace, though this doesn’t include installation.

2 – Day & Night – again made by the same company that makes Carrier and Bryant brands. While the external structure looks different from the other brands made by the same manufacturer, the inner technology is nearly identical.

Similar to Goodman, these too achieve up to 98 AFUE, have 20 year warranty, and features that rival premium brands, such as modulating heat.

Like Goodman, they lack on reputation, but not on quality.  You can reasonably plan to spend $850 to $1250 for a Day & Night furnace, not including installation.

3 – York – this company also makes Coleman and Luxaire. York is a long established brand.

York warranties range from 5 years to lifetime depending on the model. They have multiple offerings in their furnace lineup ranging from the 80 to 95 AFUE.

York basic model is affordable at around $800, but their mid-grade and premium jump to $1400 or more.

York furnaces have a reputation for having noisier than average equipment, though their technology has evolved to include noise dampening features.

4 – Trane and American Standard are sister products. Both are on the premium side of brand names.

Trane is considered a top choice on the commercial product line of furnaces and thus their technological prowess is well known. For residential, they are pricier than our top two choices.

Trane AFUE goes up to 95, while they never skimp on features in their lineup. You can plan to pay $1300 and up for a Trane furnace, not including installation.

5 – Carrier rounds off our list based mostly on their reputation for reliability. They are another premium brand and arguably over priced considering what Day & Night is offering.

Carrier AFUE ranges from 80 to 98, and their features are essentially identical to the Day & Night offerings. Still, there are many thousands of satisfied Carrier customers who enjoy having a unit that will last 20+ years.

Plan to spend $1250 and up for Carrier furnaces, not including installation.

One final note, you can plan to spend more for installation on premium brands than the more affordable brands.

Part of this is the prestige factor that comes with being a ‘certified brand seller’ and the fact the market for premium furnaces allows for greater markup on those units.

Thus a Day & Night basic furnace may cost around $2000 installed, while the lowest you’ll likely find the Carrier basic model installed is $3000.

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