Gas Furnace Reviews and Prices 2024

Note: This article only talks about gas/propane furnace. If you are looking for an oil furnace or electric furnace, you can read our Oil Furnace Buying Guide or Electric Furnace Buying Guide.

4 Factors that Affect Gas Furnace Cost

How much does a gas furnace cost installed? That’s the question we answer in the most comprehensive detail you’ll find anywhere. You’ll soon have a very good idea of what a furnace will cost with the Quality, Performance, Efficiency and Size you want.

The average furnace prices you might find elsewhere are meaningless because they don’t take those important factors into consideration. For example, a $1,200 furnace could be a cheap, single-stage 80% furnace with 120,000 Btu capacity, or it could be a quality, two-stage 90% furnace with 60,000 Btu heating.

There are four factors that affect the price of the furnace you choose, and all are important to consider in determining the best furnace for your purposes:

1. Furnace Quality

The most popular brands are generally classified into three quality categories. We’ve put brands made by the same parent company in parenthesis to avoid confusion as you shop brands and get estimates:

  • Budget brands – (lowest cost, 12 to 15-year durability): Examples are Payne, Airtemp, Aire-Flo, Ameristar and Goodman
  • Standard brands – (moderate cost, 15 to 20-year durability): Examples are (Rheem and Ruud), (Heil, Arcoaire, ComfortMaker, Keep Rite and Tempstar), (Armstrong and Ducane), (Luxaire, York and Coleman), (Maytag, Broan, Westinghouse, Tappan, Frigidaire and NuTone), (Daikin and Amana)
  • Premium brands – (highest cost, 20 to 25-year durability): Examples are Lennox, (Carrier, Bryant and Day & Night), (American Standard and Trane)

In most cases, sister brands have identical furnace lineups with different branding. These furnace lists from the Rheem and Ruud sites show that the model designations are the same except for a “U” for Ruud models and an “R” for Rheem furnaces.

2. Furnace Performance

Furnace Stages: One Stage VS Two Stage VS Variable

All the brands make furnaces in one or more of these performance categories:

  • Basic performance: Single-stage gas valves and single-speed blowers create louder heating with temperature fluctuations including some unheated air at the start and end of the cycle. They’re made by ALL brands.
  • Better performance: Two-stage gas valves with multi-speed and variable-speed blowers run at low capacity most of the time to produce quieter heating and better temperature balance. Most are made by Standard and Premium brands.
  • Best performance: Variable-capacity gas valves, also called modulating heat, with variable-speed blowers are the quietest furnaces, and they raise or lower the amount of heat they produce in very small increments, like a car on cruise control, with the result that your home’s temperature remains constant. They’re made by Standard and Premium brands

3. Furnace Efficiency

This is a measurement of how much of the heat that is produced is captured and pushed into the ductwork rather than being lost with the vented combustion gases. You’ll see “AFUE” listed after the efficiency percentage. It stands for Annualized Fuel Utilization Efficiency. In 90% and higher furnaces, performance and efficiency go together because two-stage heating is more efficient than single-stage heating, and variable-capacity heating is more efficient than both.

Your options are:

  • 80% furnaces are available in Basic and Better performance and have a single heat exchanger
  • 90%-96% furnaces are available in Basic and Better performance, and most have secondary heat exchangers to capture heat from the exhaust gases
  • 96.5%-98.7% furnaces offer Best performance and have secondary heat exchangers

When comparing gas furnace prices, knowing the differences in quality and performance allows you to evaluate and choose your best option. For example, a $3,000 single-stage 80% Payne furnace might last 12-15 years and be ideal in a warm climate or a home you plan to sell in five years. On the other hand, a $6,000 modulating 98% Lennox furnace will last 20+ years and be a good fit if you live in a Northern climate and plan to live in your home indefinitely. There are many factors affect how long a furnace could last, check here to learn more information.

4. Furnace Size

Every model of furnace is made in different sizes to provide the proper amount of heat for the space it serves. Most models are available in sizes from about 40,000 Btu to about 120,000 Btu in increments of 10,000 to 20,000 Btu.

2023 Gas Furnace Prices By Leading Brands

Given that there are many parameters (like size, efficiency ratings, heater stages) for gas furnace. We need to set an equal baseline before we can list and compare the prices for each brand. In this list below, each gas furnace includes the same and common parameters: PSC blower, One-Stage 92% AFUE, 70,000-75,000 BTU which is mid-sized home of around 2,000 square feet, 10-year warranty exclude labor fee.

The Unit Only price is the online wholesale price without shipping fee. The Unit Installation Cost include gas furnace unit, all the material for the house and labor fee.

BrandsUnit OnlyUnit Installed Cost
American Standard$2,500$4,800
Day & Night$1,880$3,930

Gas (or Propane) Furnace Prices by Size

The cost list below is from an average baseline: Standard Brand (mentioned in the above section), 92% AFUE, PSC blower, No New Ductwork, 10-year warranty and average labor fee.

Furnace SizeHome SizeUnit Cost With Installation
40,000 BTU600 - 1000 sf$2,440 - $2,820
50,000 BTU800 - 1200 sf$2,590 - $3,070
60,000 BTU1000 - 1400 sf$3,340 - $3,490
70,000 BTU1200 - 1600 sf$3,400 - $3,710
80,000 BTU1400 - 1800 sf$3,640 - $4,090
100,000 BTU1800 - 2300 sf$4,310 - $4,600
120,000 BTU2300 - 3000 sf$4,640 - $4,990

See costs in your areaEnter Your Zip Code

You may also like: HVAC Ductwork Cost Details and Buying Guide

Gas Furnace Installation Cost and Extras

How much does it cost to install a gas furnace? The answer depends on the variables that affect installation cost. Let’s explore basic installation and the cost of extras you might need:

Basic gas furnace installation:

This is removing the old furnace and installing the new furnace using the same plenum and exhaust vent. The more advanced the furnace, the longer it takes to install and set up properly, so the higher the cost is:

$1,060-$1,650 | Budget furnace installation cost

$1,185-$1,750 | Standard furnace installation cost

$1,355-$2,000 | Premium furnace installation cost

We also made a more detailed guide of Furnace Replacement Cost and Installation Cost, check it if you’re trying to dig into this section.

Sheet metal connections:

When the new furnace is a different physical size than the old one, a new plenum to connect it to the ductwork must be made. New connections for the cold-air return and exhaust might be required too.

$150-$275 | Fabrication and installation of a new plenum

$200-$325 | Fabrication and installation of cold-air return connection and exhaust vent

New Ductwork:

In most installations, the ductwork other than the plenum and connections will work. However, if you’re installing a furnace in new construction, then ductwork will have to be installed.

$8-$13.50 | Ductwork and grates per linear foot

Repairing Ductwork:

Leaky ductwork wastes heat and money. It makes noise, and prevents heat from getting to some rooms. If your ductwork is more than 12-15 years old, it should be inspected by an HVAC contractor to determine if it needs repair.

$2-$4 | Repair per linear foot of exposed ductwork


You will have to pull a permit from your local building department to have the new furnace inspected for safe, proper installation. Some utility companies offer them for free, or you might have to pay for one.$0-$125 | New furnace inspection


You will need to replace your thermostat if your new furnace has performance features like two-stage heating or continuous low-speed fan that are not supported by the old thermostat or if you’re adding a central AC. Many homeowners also upgrade their thermostat to a programmable model that Energy Star says cuts the average heating and cooling costs by 10% or a Wi-Fi thermostat like Nest that allows them to monitor and control their HVAC system with a smartphone and app. Most brands make programmable thermostats including Wi-Fi models, so one can be included in the estimates you receive.

$12-$100 | Non-programmable thermostat

$15-$124 | Basic programmable thermostat

$135-$375 | Wi-Fi programmable thermostat

You can read our detailed thermostat reviews and buying guide for more information.

HVAC Zoning Controls:

The cost of zoning system is typically around $2,000 to $3,300 depending on the number of zones. For more information, read our HVAC Zoning System Cost Guide.

Tuning up cost:

A furnace should be tuned up yearly to every five years based on a range of factors, it costs $115 to $200 based on the checklist of services included. Average cost is $140. More information can be found in our Furnace Tune Up Cost and Guide.

Other HVAC Optional Add-ons: There are a couple of optional add-ons you may have heard of. Those of you, who are interested in them, can take a look at:

What Size Furnace Do I Need

Getting the right size furnace for your home is very important. One that is too small won’t heat sufficiently, will run constantly and will have premature mechanical problems. A furnace that is too large will make more noise than necessary, and in most cases, it will heat past the set point, creating hot spots and significant temperature fluctuations.

Many HVAC contractors simply recommend the “same size as the old one.” There are several reasons that could be a bad idea:

  • Contractors typically put larger-than-needed furnaces in homes “just to be sure they get the job done,” so the old furnace might be too big
  • If the home has been modified with extra insulation and more-efficient doors, windows and weather stripping, the new furnace will need to be smaller
  • If the home has been added to or you want to heat a finished basement or converted garage, the new furnace will probably need to be bigger; large additions require their own furnace
  • If the new furnace is more efficient, and it probably will be if the old furnace was 15+ years old, you’ll need a smaller furnace to deliver the same heating capacity

The first step is to determine how much heat you need in your home. This is called the Load Calculation. There are two ways to determine this.

Furnace sizing estimate: This approach goes by the general rule that you’ll need 30-60 BTU/hour of heat per square foot of house depending on your climate. This climate zone map will help:

Image Source:

  • Zones 1 & 2 (hot): 30-35 Btu/sq. ft.
  • Zone 3 (warm): 35-40 Btu/sq. ft.
  • Zone 4 (moderate): 45 Btu/sq. ft.
  • Zone 5 (cool): 50 Btu/sq. ft.
  • Zone 6 (cold): 55 Btu/sq. ft.
  • Zone 7 (very cold): 60 Btu/sq. ft.

Homes of 2,000 square feet will need differently sized furnaces in each zone:

  • Zones 1 & 2 (hot): 2,000 x 30/35 = a 60,000 to 70,000 Btu furnace
  • Zone 3 (warm): 2,000 x 35/40 = a 70,000 to 80,000 Btu furnace
  • Zone 4 (moderate): 2,000×45= a 90,000 Btu furnace
  • Zone 5 (cool): 2,000×50= a 100,000 Btu furnace
  • Zone 6 (cold): 2,000×55 = a 110,000 Btu furnace
  • Zone 7 (very cold): 2,000×60 = a 120,000 Btu furnace

You can also use our Furnace Sizing Calculator to get a more specific estimation of your furnace size.

Manual J load calculation: This is the professional way to get an exact-fit furnace for your home. They were done by hand using the old Manual J for decades. Now, your HVAC contractor will determine the size furnace you need by entering information into a software program including:

  • Your climate zone information
  • Direction the home faces or sits on the lot
  • Exterior landscaping such as shade trees
  • Foundation type
  • Siding types and general home construction details
  • Roof color (light colors reflect heat; black absorbs it)
  • R-values of the insulation in your attic and walls
  • Number of doors and windows and their insulating qualities
  • The homes square footage and number of levels
  • It’s easy to see how a load calculation will yield a more accurate estimation of the size of the furnace required for your home.

Once it is known how many Btu’s are needed to keep your home comfortable in the coldest weather your region gets, you must factor in the furnace’s efficiency to choose the right size. For example, if you need 100,000 Btu’s of heat in the coldest weather, then you must choose a furnace with the capacity and efficiency to get that much heat into your home.

As you read furnace specifications like those for this 93% efficient Armstrong furnace (see page 2) the input Btu’s are the total number of Btu’s the furnace makes. Output Btu’s are the Btu’s that transfer into your home’s ductwork. Here are some estimates using common efficiency levels and Btu input and output. The output is the important number.

  • 80% efficiency x 130,000 Btu input = 104,000 Btu output
  • 90% efficiency x 110,000 Btu input = 99,000 Btu output
  • 93% efficiency x 110,000 Btu input = 102,300 Btu output
  • 95% efficiency x 110,00 Btu input = 104,500 Btu output
  • 98% efficiency x 100,000 Btu input = 98,000 Btu output

Since furnaces in each model are made in increments of 10,000 to 20,000 Btu, getting the number “perfect” is often impossible. An experienced furnace contractor will help you decide which furnace to choose when your calculation falls between two.

What Furnace Efficiency is Right for You?

If you’re committed to heating your home with as little environmental impact as possible, then the most efficient furnace you can afford is the answer.

When you’re looking for the most cost-effective heating, the strategy is to find the balance between furnace cost and energy costs. Let’s use the zone map again to identify efficiency levels for each that strike that balance:

  • Zones 1 & 2 (hot): 80%
  • Zone 3 (warm): 80%
  • Zone 4 (moderate): 90%
  • Zone 5 (cool): 90%-93%
  • Zone 6 (cold): 92%-95%
  • Zone 7 (very cold): 95% and up

The above Efficiency are roughly estimated. We also developed a Furnace Efficiency Savings Calculator to help find a better balance between equipment cost and electricity cost.

There are a few more factors to consider.

The longer you intend to live in your current home, the more it makes sense to choose a high-efficiency furnace. If selling is in the plans, you won’t recover the cost of a very efficient furnace, but keep in mind in cold climates that home buyers might want to know how efficient the furnace is. That will help them estimate what their heating bills will be, and might affect their offer on the home.

Gas Furnace Reviews for Brands


There are more than 50 companies that sell gas furnaces in addition to other HVAC equipment. Choosing from all these brands can truly be a challenge. To narrow down your choices, we classify the brands by parent companies. Each line below is from the same company:

  • Carrier, Bryant, Payne and Tempstar
  • Lennox, Ducane and Armstrong
  • Rheem and Ruud
  • Goodman, Amana and Janitrol
  • York, Coleman and Luxaire
  • Maytag, Westinghouse, Frigidaire, Tappan and Kelvinator
  • Trane and American Standard

Warning:Before you dive into brands reviews, we strongly recommend you spend 70% of your research time on finding a qualified contractor. The gas furnace is not a traditional appliance and most brands are reliable.

Submitted Gas Furnace Prices and Reviews

How to Get the Best Gas Furnace Prices

We recommend professional installation. A gas furnace must be installed properly to prevent dangers (explosion from the gas leak, poisoning by carbon monoxide) and to run efficiently and durably. There’s too much at stake not to do it properly.

  • Firstly, keep in mind that installation quality is always the most important thing for residential HVAC project. So never sacrifice contractor quality for lower price.
  • Secondly, remember to look up the latest tax credit and rebates.
  • Thirdly, ask for at least 3 bids before you make the decision. You can click here to get 3 free estimates from your local contractors, and this estimate already takes rebates and tax credit into consideration and filter unqualified contractors automatically.

Lastly, once you chose the right contractor, remember to use the tactics from this guide: Homeowners Tactics When Negotiating with HVAC Dealer to get the final best price.

Are you in the market for a complete HVAC system? See our Heating and AC Unit Combo Prices Guide or Best HVAC Systems Guide for complete information on air conditioning.

Written by

Rene has worked 10 years in the HVAC field and now is the Senior Comfort Specialist for PICKHVAC. He holds an HVAC associate degree and EPA & R-410A Certifications.

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6 thoughts on “Gas Furnace Reviews and Prices 2024”

  1. Great information on all aspects of HVAC. Tells me that the newly installed furnace might be to small. It’s a an ICP Comfortmaker. House a 3000sqft ranch and company that installed it used a 92% efficacy, with 80,000 btu rating, single stage blower. I live in Central Ohio, which is zone 5. What do you think?

    • Based on the calculations given on this page, you need 150,000 BTUs of output (3,000 sq ft times 50 BTUs/sq ft). This means a furnace rated at about 165,000 BTUs at 90% AFUE, or 160,000 at 95% AFUE.


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