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Gas Furnace Installation Cost 2026

A gas furnace costs $3,800 to $10,000 installed. The national average is about $5,500. Equipment runs $1,500 to $5,000 and labour adds $1,000 to $3,000.

Cost by Efficiency Tier

Higher AFUE means more of your gas dollar becomes heat. A 96% furnace converts 96 cents of every dollar into warmth, compared to 80 cents for a standard unit.

AFUE RatingInstalled CostTypeBest For
80%$3,800 - $5,500Standard (non-condensing)Mild climates, tight budgets
90%$4,500 - $7,000Mid-efficiencyMost moderate climates
95-98%$5,500 - $10,000High-efficiency (condensing)Cold climates, long-term savings

Not sure which efficiency level is worth the cost? Our payback calculator shows exactly how long a higher-efficiency furnace takes to pay for itself.

Natural Gas vs Propane

If your home has a natural gas main, gas is the clear winner on operating costs. Propane is the fallback for rural homes without gas service.

Natural Gas

  • + Cheapest fuel cost per BTU
  • + Continuous supply (no tank refills)
  • + Lower annual cost: $600 to $1,200
  • - Requires gas main connection
  • - Gas line install: $500 to $2,000 if none exists

Propane

  • + Available anywhere (no gas main needed)
  • + Same furnace models available
  • - Fuel costs 2 to 3x more per BTU
  • - Tank purchase ($1,500 to $3,000) or rental ($50 to $200/year)
  • - Annual cost: $1,200 to $2,400

Gas Furnace Cost by Brand

BrandGas Furnace InstalledAFUE Range
Carrier$5,000 - $10,00080% - 98.5%
Lennox$5,200 - $10,50080% - 98.7%
Trane$5,000 - $9,50080% - 97.3%
Goodman$3,200 - $6,50080% - 97%
Rheem$3,800 - $7,50080% - 96%

See our complete brand comparison for warranty details, model lineups, and honest assessments.

Annual Operating Cost

What you will pay each year to heat your home depends on your climate, home size, gas prices, and furnace efficiency. Here is a worked example.

Example Calculation: 2,000 sq ft Home in Ohio

Annual gas consumption800 therms
Ohio average gas price$1.10/therm
Annual cost at 80% AFUE$1,100
Annual cost at 96% AFUE$917
Annual savings with 96% AFUE$183/year

When Gas Is the Right Choice

Gas vs Electric: Gas costs 2 to 3 times less to operate in most states. Unless you have no gas access or live in a very mild climate, gas wins on lifetime cost.

Gas vs Oil: Gas is cheaper to both install and operate. Oil only makes sense in rural areas without natural gas mains, primarily in the Northeast.

Gas vs Heat Pump: In very cold climates (below 0F regularly), gas furnaces maintain consistent heat output. Modern cold-climate heat pumps work down to -15F but lose efficiency. A dual-fuel system (heat pump + gas backup) offers the best of both worlds. See our furnace vs heat pump comparison.

Gas Furnace FAQ

How much does a gas furnace cost to install?
A gas furnace costs $3,800 to $10,000 installed in 2026. The national average is about $5,500. Equipment runs $1,500 to $5,000 and labour adds $1,000 to $3,000, plus permits and old unit removal.
Is natural gas or propane cheaper for heating?
Natural gas is significantly cheaper. Gas costs about $1.00 to $1.50 per therm while propane runs $2.50 to $3.50 per gallon (roughly $2.70 to $3.80 per therm equivalent). Annual heating costs with propane are typically double those of natural gas.
What AFUE rating should I choose?
In cold climates (Minnesota, Wisconsin, Michigan), 95% to 98% AFUE pays back in 5 to 7 years. In moderate climates (Ohio, Pennsylvania), 90% is the sweet spot. In mild climates (Texas, Florida), 80% is often sufficient since you rarely run the furnace.
How much does it cost to add a gas line?
If your home does not have an existing gas main connection, running a new gas line costs $500 to $2,000 depending on distance from the street and local permits. This is a one-time cost on top of the furnace installation.