By the HomeCostLens editorial team · Reviewed September 2026 · HVAC · Source: BLS PPI — warm-air furnaces (HVAC equipment)
▲ up 4.8%
Year-over-year change in furnace replacement costs. National average now ~$5,500.
National avg: $5,500
Typical range: $3,800–$10,000
Since 2021: +46%
The national average cost of furnace replacement has risen about 4.8% over the past year, reaching roughly $5,500 in 2026. Equipment price increases and tighter efficiency standards continue to push furnace replacement costs up about 5% a year.
Furnace Replacement cost trajectory, 2021–2026
Estimated national furnace replacement cost (indexed from BLS producer-price data)
Indexed estimate (2021 = 100) based on BLS Producer Price Index category data and skilled-trade wage growth; actual prices vary by city and scope.
Where furnace replacement costs the most & least
Local prices swing widely around the national average — driven by labor rates, climate, and permit costs. Here is how furnace replacement ranks across the 100 metros we track.
Yes. Furnace Replacement costs have risen roughly 4.8% year-over-year, to a national average of about $5,500. Equipment price increases and tighter efficiency standards continue to push furnace replacement costs up about 5% a year.
What is the average cost of furnace replacement in 2026?
The U.S. average is about $5,500 before local adjustment, typically ranging from $3,800 to $10,000 depending on scope and your city.
Why have furnace replacement prices changed?
Equipment price increases and tighter efficiency standards continue to push furnace replacement costs up about 5% a year.
