How Much Does a Furnace Cost?

A new furnace may not be the most fun thing to shop for, given that it is generally purchased out of necessity and can come with a hefty price tag.  However, there is much to be said for being warm and comfortable in your home – worry free.  Here are some things to keep in mind when choosing a furnace.

The cost of the unit itself is understandably an important factor, but it is not the only thing to consider.  Keep in mind all the variables that impact the overall cost in order to make the best choice for your home.

Monthly savings

Higher efficiency equates to higher sticker price, but today’s high efficiency furnaces can significantly reduce your monthly energy bills. This can have a big impact on the overall cost of the furnace.

Performance

More efficient furnaces are quieter and heat your home more evenly.  Factor in your comfort level when assessing the cost.

How long you plan to stay in your home

Weighing the price of the furnace, the monthly savings, and the performance level against the length of time you will be in the house, is another consideration.  You can expect to get back the additional investment in a more efficient unit in about seven or eight years.

Still not sure? The good news is there are options, with multiple features within each efficiency level and price range, so you can find the balance of cost, performance and efficiency that is right for you.

• A basic 80% efficient furnace costs about $2,000-$2500 installed, but will not have many special perks.

• A mid-range furnace will be ideal for most homes, with high efficiency and a price tag of about $2,500 to $3,000.

• A basic 95% efficient furnace will cost $3000-$3500.

• A top-of-the-line furnace will give you ultra quiet operation, extremely high efficiency, and the best materials to keep it running smoothly for many years – for about $4,000-$5,000.

The professionals at IAQ will be happy to answer all your questions and take the stress out purchasing your new furnace.  Call us today, and enjoy worry-free warmth all winter long.