Installing a new furnace is a big decision for any home owner, and if may be one you try to put off for as long as you can. But if you’ve spent the last few winters making continuous repairs to your heating unit, it’s probably time for an upgrade. A new furnace will operate more efficiently, lowering your energy costs and making your home more comfortable in the process.
The first step is researching the type of furnace to have installed. The life of a typical furnace is 15 to 20 years, and there are so many choices in just about every price range. According to Angie’s List, the average cost of a new furnace, powered by natural gas, is between $2,500 and $14,000. The average cost for installation is between $2,000 and $8,000.