Furnace Replacement Cost (2026)
~$5,500
National average cost of furnace replacement on a typical 2,000 sq ft home in 2026.
Typical range: $3,800 – $10,000
Source: Manufacturer price bands + cost-guide consensus, 2026
A furnace replacement costs about $5,500 nationally, but the real number depends heavily on where you live. HomeCostLens starts from this researched national average and applies a local price factor for each metro, so you get a figure that reflects your city's labor, climate, and permit costs — not a one-size-fits-all national number.
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Furnace Replacement cost by material
| Material | Typical national total |
|---|---|
| Electric furnace | $4,000 |
| Gas furnace (mid-efficiency, 80% AFUE) | $5,500 |
| Gas furnace (high-efficiency, 95%+ AFUE) | $7,500 |
| Oil furnace | $9,000 |
Furnace Replacement cost by material (national)
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Furnace Replacement cost by city
Local cost = national average × each metro's location factor. Pick your city:
Frequently asked questions
- How much does furnace replacement cost on average?
- Nationally, furnace replacement costs about $5,500, with most homeowners paying $3,800 – $10,000. Your local price depends on labor rates, material, and code — pick your city below for a local figure.
- What is the most affordable furnace replacement option?
- Electric furnace is typically the lowest-cost option at around $4,000 nationally, while premium materials cost considerably more.