Furnace Replacement Costs: Chicago Furnace Pricing Guide

Homeowners choose to replace furnaces for various reasons, whether they’re seeking a more cost-effective and energy-efficient unit, the furnace repair cost isn’t worth it, or their old furnace or heating system has simply reached the end of its lifespan. However, the process of  furnace replacement in Chicagoland can feel daunting, especially when many assume it comes with an excessively high price tag. 

While the cost of new furnaces can seem high, there are numerous types of furnaces and brand options available in Chicago to suit different budgets. Plus, Four Seasons Heating, Air Conditioning, Plumbing, and Electric provides expert furnace replacement services to get your new heating unit up and running fast. From standard models to high-efficiency systems, the right solution is out there. And while the initial residential furnace replacement cost may seem steep, modern furnace models are designed to last nearly 20 years, if not longer, with proper furnace maintenance and timely repairs, helping homeowners stay comfortable and save long-term. 

Thanks to our in-depth industry knowledge, we know how to evaluate brand, manufacturer, home size, and more to help you make the best decision for your home. With over 50 years of experience, affordable 24-hour emergency furnace repair services, and personalized customer care, our licensed and friendly team is ready to guide you through whatever your unit requires: repairs, upgrades, or complete home furnace replacement. 

If you are comparing furnace replacement companies in Chicago, contact Four Seasons Heating, Air Conditioning, Plumbing, and Electric at 866-444-2404 for a consultation. And for more expert guidance, check out our article on what to look for in a quality furnace installation.

 Not all heating replacements cost the same due to your home’s distinctive requirements; therefore, when researching, “How much does a furnace cost?” you may find it difficult to get an exact price point for every home size and need. The average cost of furnace replacements or new furnaces and installation will depend on a variety of factors—there’s no one-size-fits-all answer. Each home is different, which means the cost to replace a furnace in Chicago can vary based on size, efficiency, brand, installation needs, and the furnace type you prefer.

If you are researching, “How much does a new furnace cost?” without speaking to our qualified team, you are missing out. Our experts can help break down the variables and eliminate the guesswork. Let us guide you through the process to find you the best solution for your family’s comfort and budget.

 To give our clients a clearer picture of what furnace replacement will cost, we’ve created a breakdown of the key factors that influence the cost of a new furnace and installation  in Chicago. This way, you’ll know exactly what to expect and can make informed decisions about your heating system, as well as know what to budget for. Four Seasons is Chicagoland’s choice for comprehensive heating services that stand the test of time. Read through our furnace cost overview to help you plan, compare, and make informed decisions when budgeting for a new heating system:

 The brand you select  will typically have the biggest impact on the overall cost of your furnace replacement. The choice of brand influences not only the upfront furnace price but also the long-term performance and energy efficiency of your heating system. Different furnace brands come with varying price points, warranties, efficiency levels, and performance track records.

Choosing an energy-efficient furnace offers long-term savings to offset the initial new furnace costs. A modern system will help save on monthly utility costs and keep yearly maintenance a breeze. Because, yes, annual furnace tune-ups are necessary. Additionally, opting for a reputable brand that will last for 15 or more years, such as Lennox, Elite, or Merit, ensures reliability, energy savings, and overall satisfaction with your investment.

When evaluating the cost of replacing a furnace in Chicago, it’s essential to consider not just the upfront electric, oil, or gas furnace pricing, but also long-term durability, warranty coverage, and energy efficiency.

Before you invest, consult with our licensed HVAC professionals to compare furnace brands and choose the one best suited to your home’s needs and budget.

Your property’s size and explicit needs may be the most critical aspect when asking, “How much is a new furnace?” That’s because the size of your home directly affects the size of the furnace needed to properly heat it, which plays a major role in the overall residential furnace replacement cost in Chicagoland. When it comes to furnace prices per size, larger homes often require larger furnaces, which are typically more expensive to replace than smaller ones.

The size of the furnace you’re going to install must match the heating demands of your home to ensure it works efficiently and allows the house to be adequately heated. When you are considering replacing your furnace and trying to create a budget for furnace installation costs and the new unit, keep in mind that the overall cost will vary depending on the size of the unit needed to effectively heat your home.

When calculating the cost to replace a furnace, it’s essential to consider more than just the cost of the unit and labor. The condition of your existing ductwork can significantly affect your total furnace replacement costs in Chicago. If your ductwork is in good shape, it could simplify the installation process and potentially reduce overall costs or replacements. However, if the ductwork in your home needs to be repaired or replaced, this will add to the total expense.

Similarly, if the existing ductwork is compatible, you may be able to install a new gas furnace and use the existing ductwork.

The condition and compatibility of your ductwork with your new unit are key factors that can influence the overall furnace replacement cost, especially if modifications are required to make sure your new furnace operates correctly and efficiently. As part of our furnace replacement services, we’ll assess your ductwork to determine whether it can support a smooth home furnace replacement or if upgrades are needed to maximize comfort and performance.

Heating replacement costs are only a piece of the puzzle. Labor is component that needs to be considered when budgeting for furnace installation costs and should not be overlooked. The complexity of your home’s heating system can considerably impact the time required for installation, especially if you have unique configurations or older systems that require additional time and care.

While HVAC contractors with many years of experience may charge more for their services, their expertise helps avoid future issues and safety risks—especially with gas lines, ventilation, and wiring. Hiring experienced professionals for your home’s furnace replacement, like our trusted team at Four Seasons, ensures that your new system is installed correctly, safely, and up to code.  In fact, we are Chicago’s top-rated Lennox dealer, so you know we’re qualified to outfit your home with high-quality HVAC upgrades. If that doesn’t convince you, check out our incredible service guarantees!

Opting for a cheaper, less experienced installer is a cost-saving move. However, it can increase your total heating replacement cost in the long run due to improper setup, safety hazards, or code violations

 The furnace warranty you choose can also contribute to the overall cost of a new furnace in Chicagoland. While opting for an extended warranty may increase the upfront price, it also offers significant benefits in the long run. A comprehensive furnace warranty that lasts for more than a few years can provide homeowners with peace of mind, especially if their furnace needs repairs or unexpectedly breaks down and needs to be replaced again.

When evaluating your options for a residential furnace replacement cost, a strong warranty should be part of the conversation. By investing in a solid warranty, you’re safeguarding your system, avoiding surprise costs, and extending the performance and value of your new furnace. By the way, when you need a furnace tune-up, our discounts and warranties can save you a substantial amount!

Once you’ve looked at furnace prices, it’s important not to overlook more minor upgrades and add-ons that can influence your final price. These items can improve comfort, efficiency, and system performance, but they’ll also add to the total furnace replacement cost.

Here are a few common add-on expenses to keep in mind:

• Air Quality: Installing high-efficiency or HEPA filters can enhance indoor air quality and support furnace longevity.
• Duct Cleaning & Repair: Damaged or leaky ductwork may need cleaning, sealing, or replacement to ensure optimal airflow and heating performance.
• Electrical Upgrades: Some installations may require electrical work or panel updates, especially for electric furnace models.
• Humidifiers: Whole-house humidifiers help balance humidity during winter and work best when integrated with your new furnace.
• Thermostats: Upgrading to a smart or programmable thermostat improves control and efficiency but may raise upfront costs.

Factoring in these items helps create a realistic estimate of your home furnace replacement cost and ensures your new system is set up for success. Our comprehensive HVAC and furnace replacement services have you covered!

 Choosing the right furnace is just as important as choosing the right installer. If you suddenly notice that your furnace isn’t working or you’re ready to upgrade an old unit, we are your go-to partner! Our wide range of residential furnace replacement options enables us to choose the best unit to fit your home’s layout, energy goals, and budget. Here’s a quick breakdown of the three most common furnace types we install:

• Electric Furnaces: These are compact, affordable to install, and ideal for homes without access to gas or oil. However, they can be more expensive to operate due to higher electricity costs.
• Natural Gas Furnaces: Ideal for most homes, gas furnaces are known for their high efficiency and lower operating costs. They’re typically the most cost-effective option when considering both the price of a gas furnace and long-term energy savings. Curious about gas furnace replacement cost in your area? We offer free furnace estimates to help you budget. Plus, we never charge extra for emergency services, even on weekends and holidays!

Our team will help you select the best fit, discussing oil, electric, and gas furnace prices and integration, so you’ll be confident that it will work seamlessly with your ductwork and ventilation. Reach out today and we’ll set you up with a new furnace that fits your home, your comfort, and your wallet. All you have to do is sit back and enjoy!

If you are ready to replace your furnace and are searching for the best furnace replacement company in Chicago, contact Four Seasons Heating, Air Conditioning, Plumbing, and Electric & Cooling at 866-444-2404 for a consultation.