When budgeting for a new heating furnace, homeowners should anticipate a range of costs, typically starting around $1,000 and going up to $12,000 when including installation. The average cost for most homeowners will fall between $4,000 and $8,000, depending on the specific furnace model and any additional installation requirements.
Furnaces vary in price based on efficiency ratings and additional features; basic models may start around $1,000, while premium units can reach well over $6,000. It's important to consider both the price of the furnace itself and the associated labor costs during installation. Always seek multiple estimates to ensure you’re meeting your budget expectations and getting the best value for your investment.