Cost to Install a Furnace

You’re planning for your new furnace and realize you have no idea what your budget should be. A new furnace installation usually ranges between $4,000 and $8,000, but your final price will depend on a few factors.

Keep reading for a more complete breakdown on everything there is to know about furnace installation pricing, including:

Having pricing information will be valuable so you know what to expect when you gather quotes (and can spot when someone is ripping you off) and can budget accordingly.

A new furnace installation typically ranges between $4,000 and $8,000, depending on system type and efficiency. This total is an all-inclusive number, including the new furnace, labor, removal of the old unit, and minor ductwork adjustments.

High-efficiency models may cost more upfront but offer lower long-term operating costs due to reduced energy usage.

Here are some average examples of price tiers:

• Basic single-stage units: $4,000–$5,500
• Mid-range two-stage units: $5,500–$7,000
• High-efficiency variable-speed systems: $7,000–$9,000+

Gas and electric furnaces are the two most common furnace types in South Carolina, so you’ll likely be picking between these two. Note that these two options can differ greatly in initial cost, maintenance, and efficiency.

Gas furnaces:

• More common and efficient for colder climates
• Cost: $4,500–$8,000
• Require venting and gas line connections

Electric furnaces:

• Ideal for smaller homes or mild climates
• Cost: $3,500–$6,000
• Easier installation and lower maintenance, but higher long-term energy bills

Luckily, you don’t have to guess when it comes to such a big decision. The technicians at Michael & Son can evaluate which system best fits your home’s size, comfort goals, and utility costs.

You don’t always have to jump to furnace replacement if a repair makes more sense. Here’s how homeowners can decide between repairing an older furnace and replacing it:

Repair may make sense when:

• The furnace is under 10 years old
• Repairs cost less than one-third of a replacement
• Efficiency is still reasonable, and no major safety concerns exist

Replacement is usually smarter when:

• The furnace is 12-15 years old or older
• It requires frequent repairs or produces uneven heat
• Energy bills have noticeably increased
• The heat exchanger or major components are damaged

Of course, upgrading to a new, energy-efficient model provides better comfort and reliability, often with rebate opportunities. A furnace replacement is an investment that you’ll benefit from for many years to come.

Michael & Son provides in-home evaluations to determine the exact cost based on size, ductwork, and efficiency preferences. We don’t just do guesswork over the phone and give you a wide range estimate. Our customers want transparent pricing so they can budget properly.

Our technicians assess airflow, insulation, and square footage before recommending the right furnace type.

A professional installation ensures manufacturer warranty coverage and optimal performance.

Schedule a free or low-cost estimate to get a detailed quote today.