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How Much Does a New Furnace Cost?

By March 30, 2021July 20th, 2023Furnace Repair & Maintenance Tips

Furnace replacement

Utah homeowners rely on their heating systems for at least half of the year, especially during the state’s infamous winter season. When harsh winds blow and snow falls, the worst thing that can happen is having your furnace break down and being stuck inside an ice-cold home waiting for your turn in the repair queue.

What homeowners don’t often realize is that an unmaintained furnace causes their heating system to run at a lower efficiency level, which increases the risk that a full-blow breakdown could occur at any minute.

Even if you do maintain your furnace on a regular basis, systems age and parts sometimes break or fail. Replacing an outdated or broken furnace will provide you with the assurance you need to get through the rest of this winter and many more to come. But you may worry what the cost of a new furnace is going to be?

Let’s discuss the average cost of a furnace installation and the benefits of replacing a furnace versus repairing your current system.

How Much Does a New Furnace Cost?

How Much Does a New Furnace Cost? Utah heating technician installs new furnace

On average, the cost of a new furnace ranges from $2,700 — $6,800, depending on several factors. Of course, you won’t know the exact price of a new furnace until a qualified HVAC contractor inspects your system and home to recommend the best heating system for you.

Our estimators will assess various factors, including when your home was built and the amount of insulation, windows, walls, and doors you have in your home. In addition to price, you will have various features to choose from that may impact the final bill. Plus, the size and type of furnace will be a cost-deciding factor.

Our team also recommends running a heat load calculation to ensure that you get the best furnace option. Determining these numbers ahead of time will allow you to pick a furnace capable of emitting enough heat for your home without being overloaded. As you work with our HVAC contractors, you will receive a number of options you can select from that best fits your budget and needs.

Other factors that you will need to consider when selecting a furnace include:


Both the size of your furnace and the size of your house plays a role in the cost of a new furnace. Obviously, the bigger the house, the larger the furnace you will need which means you will pay more.

Certain furnace size requirements depend on the size of your home. If your new furnace is too small, there won’t be enough heat flowing throughout the home. If you buy a furnace that is too big for your home, you can cause it to short-cycle and overheat, reducing the life of your new furnace.

The best way to know the correct size of the furnace you need for your home is to work with a professional HVAC contractor. Our technicians will explain which size is most compatible with your home and provide several options within your price range.


Along with selecting the right size furnace, you will need to find the right efficiency. AFUE (Annual Fuel Utilization Efficiency) measures furnace efficiency, determining how much energy a furnace can convert into heat. If a furnace has a high AFUE value, the more efficient it is.

At first glance, you might want the highest efficiency possible, but efficiency greatly impacts cost and environmental impact. You can work with our HVAC contractors to find a furnace that offers the perfect balance.


Branding also plays a role in how much a furnace costs. There are many options to choose from, ranging from inexpensive to high-quality. Keep in mind that as you choose a furnace brand, there is a correlation between price and quality, just as there is in cars and appliances. Remember that while you might pay less in the short-run for an inexpensive brand, you could end up spending a lot on future maintenance and repair costs.


Some of the newest features available for residential and commercial heating systems include:

  • Heating stages: 1-stage vs. 2- stage vs. modulating gas valve options.
  • ECM motors vs. Variable-speed blowers.
  • Zoned heating options.

Your new furnace cost will increase or decrease depending on which of these features you decide to include during installation. Along with these factors, labor and ductwork will also play a role in determining the final cost of a new furnace.

You can work with a Manwill HVAC contractor to decide whether a low-end, $2,7000 furnace is suitable for your needs or whether you want to upgrade your system with all the latest features for a robust, efficient, and technology-packed furnace. These high-grade models can cost over $6,800, thanks to the price of including all the latest high-tech features.

Trust Manwill to Replace Your Furnace

New Furnace Replacement & Installation from Manwill

Manwill offers furnace replacement services throughout Utah. Our experienced HVAC estimators will run a series of tests to ensure you install the perfect new furnace in your home. We will also provide you with in-depth information regarding your furnace options to better determine which features are necessary before selecting a furnace.

Along with our heating system services, we will also offer the latest manufacture rebates, utility rebates (if applicable) and recommend some recent tax credits that may help with the purchase of a new furnace (consult your tax advisor to confirm you qualify).  We also offer planned service agreements on all our furnace installations. These agreements include an annual visit scheduled every year. Some of our customers will even schedule two visits (spring and fall), and others prefer three visits (spring, fall, and mid-winter). If you have a commercial account, our HVAC system experts may recommend four visits per year. Whatever your HVAC maintenance needs are, our team will make it easy.

Our planned service agreements ensure that you receive the routine tune-ups you need so that your new furnace runs at peak efficiency for as long as it can. And since we have a record of your equipment, we can bring the proper filter or any other necessary parts without scheduling another visit for routine repairs!

Get in touch with Manwill to receive a free furnace repair or replacement estimate.