New Gas Furnace Prices & Installation Costs 2023: Top Brands

A gas furnace remains the most popular heat source in homes across the country.

Today’s furnaces are affordable and efficient, a cost-effective choice when you select a model that is right for your region’s climate and the level of indoor comfort you want.

Selecting the ideal furnace for your home can be done in a few steps that we’ll guide you through.

New Gas Furnace Installation Cost

For a fully installed furnace, plan to spend between $4,500 and $8,500, on average. Most new furnace units are currently priced between $1,600 and $5,000, but professional installation with the contractor obtaining a building permit and getting the completed job inspected is almost always in your best interest, for reasons we’ll explain below.

The current national average (80% range) is about $5,000-$7,500 for a new gas furnace fully installed.

Furnaces with 90% and higher efficiency average $6,400 to $10,000. These gas furnace costs include any necessary building permits and inspections, a new gas furnace unit and standard supplies, professional installation, and a typical 5-year to 10-year workmanship warranty from the installer.

Most HVAC contractors typically charge between $75 to $125 per hour for their work, and may include an assistant, or a team of three to complete the job faster. Their helpers often cost $50+ an hour as well when you consider the worker’s comp on top of their base pay.

Professional installation generally requires 10-man hours at a minimum, but can easily go up to 15-20 hours due to many reasons, usually related to adjusting or updating the forced air system, providing additional ductwork, removing, and disposing of the old boiler/furnace, removing old radiators, etc.

If significant updates are needed to your per-existing ductwork or if there is no ductwork currently in place, this can add anywhere from $5,500 to $15,500 to the total cost of the job.

Typically, it will cost under $10,000 for new ductwork or modifications to the existing ductwork, and often these additional charges are only steep if/when converting from say an electric furnace or oil boiler to a gas furnace, which requires new ductwork for forced air heating to work.

Other costs that may be included are removal and disposal of an older furnace (about $750-$1,500 extra), and miscellaneous materials and supplies needed to complete the installation.

*Other Extras: Gas line, vent, wiring and circuit breaker. If your project is furnace replacement vs a new furnace, some of the old equipment should be usable for the new furnace.

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Payne Gas Furnace Reviews: Cost, Pros & Cons, Buying Guide

Payne gas furnaces are considered among the most reliable in the industry. Details below.

Did you know? Payne gas furnaces are identical to Carrier furnaces – Payne is a Carrier company. And Carrier quality is excellent too, which accounts for Payne’s proven reliability.

*But… Payne doesn’t offer as many models as Carrier. However, there is an identical Carrier counterpart to every Payne model. Make sense?

What’s missing? Payne does not offer a variable capacity furnace and has fewer single stage and two stage units too.

Apart from two low-NOx units sold only in California, you have five models to consider. Here are Payne furnace reviews for each model.

Payne furnace FAQs are sprinkled throughout this guide.

Cost of Payne Furnaces

Right off the bat, furnace size is a major cost factor when considering the range of possible prices.

Furnace replacement often costs less than installation in new construction. This is because when replacing a furnace, it is usually possible to use an existing gas line, electrical circuit and wiring plus the exhaust vent.

Model Efficiency Fully Installed Cost
96 PG96VTA 2-stage 96% $5,800 – $9,150
95 PG95ESA 1-stage 96% $5,375 – $8,625
92 PG92ESA 1-stage 92.10% $4,650 – $7,500
80 PG80VTL 2-stage 80% $4,850 – $7,725
80 PG80ESA 1-stage 80% $4,385 – $6,925
Ultra-low NOx
95 PG95ESUA 1-stage 95% $5,750 – $9,100
80 PG80ESUA 1-stage 80% $4,785 – $7,495

Installation includes:

  • Removal of old equipment (optional)
  • Installation of gas line, wiring and circuit, ventilation (new construction)
  • Setting the furnace, and attaching it to ductwork and the return and supply connections
  • New ductwork transitions (optional)
  • New thermostat (optional)
  • Adjusting the blower speed to fine-tune the system for your specific application.
  • Placement and connection of a new or existing AC coil (coil not included)
  • Starting and testing the furnace

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10 Best Gas Furnaces: Costs by Unit Installed – Full Reviews

The quality gas furnaces are reliable, first and foremost. And they deliver superior comfort at a minimum of 80% efficiency or 90% and higher efficiency.

Here are the 10 best gas furnaces along with installation prices for each model. Identical brands, like Trane and American Standard, are noted.

See complete reviews and the price range to install each model below.

  1. Trane S9X2
  2. Rheem Classic Series Plus R96T
  3. Carrier Infinity 98
  4. Payne PG95ESA
  5. Lennox EL296V
  6. Carrier 58SC Comfort 80
  7. Trane S8X2
  8. Payne PG80ESA 80
  9. Rheem R802V
  10. Lennox SLP280V

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