Electric Furnace Replacement Cost Calculator
Homeowners who hired a professional to add or replace heating equipment in a home heated by an electric furnace reported a median cost of $5,700 in 2026 prices; half of them paid $2,600 to $9,100.
$5,700typical cost
Typical range: $2,600 – $9,100
162 real jobs from 2021 to 2023, in 2026 prices.
Is your electric furnace quote high or low?
| Cost of the job | Share of jobs |
|---|---|
| $1,500 or less | 10% |
| $2,500 or less | 22% |
| $3,000 or less | 28% |
| $4,000 or less | 39% |
| $6,000 or less | 54% |
| $7,500 or less | 66% |
| $10,000 or less | 78% |
| $15,000 or less | 88% |
| $20,000 or less | 96% |
The survey does not record the exact equipment installed, its size, its efficiency rating or the brand, so a higher quote is not necessarily too high.
Electric furnace replacement cost by home size
Size of the whole home, not of the job.
| Home size | Median | Middle half | Jobs |
|---|---|---|---|
| 1,000–1,499 sq ft | $5,100 | $3,300–$8,100 | 36 |
| 1,500–1,999 sq ft | $4,500 | $3,100–$9,100 | 33 |
| 2,000–2,499 sq ft | $5,700 | $2,300–$10,700 | 36 |
Fewer than 30 jobs, no figure: 750–999 sq ft (10), 2,500–2,999 sq ft (21), 3,000–3,999 sq ft (11), 4,000 sq ft or more (7).
By home value
| Home value | Median | Middle half | Jobs |
|---|---|---|---|
| $200,000–$349,999 | $5,100 | $3,900–$7,900 | 37 |
| $350,000–$599,999 | $6,600 | $3,000–$11,200 | 47 |
| $600,000 or more | $6,800 | $3,100–$13,600 | 51 |
Fewer than 30 jobs, no figure: Under $200,000 (19).
Electric furnace replacement cost by region and metro area
| Region and division | Median | Middle half | Jobs |
|---|---|---|---|
| South | $5,100 | $2,300–$8,500 | 77 |
| South AtlanticDelaware, District of Columbia, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, West Virginia | $5,700 | $3,900–$9,600 | 43 |
| West | $6,600 | $3,100–$11,400 | 56 |
| PacificAlaska, California, Hawaii, Oregon, Washington | $6,800 | $3,400–$11,600 | 33 |
Fewer than 30 jobs, no figure: Northeast (12), New England (5), Middle Atlantic (7), Midwest (17), East North Central (14), West North Central (3), East South Central (5), West South Central (29), Mountain (23).
No metro area has 30 or more of these jobs in the survey.
Electric furnace cost: federal estimate
Estimates by the U.S. Energy Information Administration for one unit of the size shown, not costs that homeowners reported.
| Type of unit and assumed size | Typical unit | High-efficiency unit |
|---|---|---|
| Electric furnace68,000 Btu per hour | $1,700 | not given |
Source: U.S. Energy Information Administration, "Updated Buildings Sector Appliance and Equipment Costs and Efficiencies", Appendix A; 2022 dollars multiplied by 1.14 for 2026 prices. More about these estimates
How homeowners paid for electric furnace jobs
| Paid mainly with | Share | Median | Middle half | Jobs |
|---|---|---|---|---|
| Cash from savings | 69% | $5,700 | $2,600–$8,500 | 110 |
| Cash-out refinance | 2% | too few jobs | 4 | |
| Home equity loan | 3% | too few jobs | 4 | |
| Insurance settlement | 3% | too few jobs | 4 | |
| Credit or store card | 10% | too few jobs | 21 | |
| Contractor financing | 5% | too few jobs | 9 | |
| Other | 7% | too few jobs | 9 |
Electric furnace replacement: hiring a pro or doing it yourself
89% hired a professional; 11% did most of the work themselves.
| Who did most of the work | Median | Middle half | Jobs |
|---|---|---|---|
| Hired a professional | $5,700 | $2,600–$9,100 | 162 |
Fewer than 30 jobs, no figure: Did most of the work themselves (20).
A do-it-yourself cost leaves out the household's own time.
How often homeowners add or replace heating equipment in a home heated by an electric furnace
5.2% of owner-occupied homes heated by a forced-air furnace on electricity had heating equipment added or replaced in the two years before the survey, by a professional or by the household.
| Year the home was built | Share of homes | Homes surveyed |
|---|---|---|
| Before 1940 | 8.3% | 208 |
| 1940 to 1959 | 8.4% | 458 |
| 1960 to 1979 | 5.2% | 1,222 |
| 1980 to 1989 | 5.9% | 912 |
| 1990 to 1999 | 5.8% | 842 |
| 2000 to 2009 | 6.2% | 1,066 |
| 2010 or later | 1.1% | 792 |
Electric furnace replacement cost by year, as reported
| Year | Median | Middle half | Jobs |
|---|---|---|---|
| 2021 | $5,000 | $2,400–$7,000 | 47 |
| 2022 | $4,000 | $2,000–$7,500 | 79 |
| 2023 | $5,500 | $1,900–$10,000 | 36 |
Not adjusted to 2026 prices; 2021 and 2023 are covered only in part. How the price adjustment works
What counts as an electric furnace replacement in this data
Counted:
- Adding or replacing built-in heating equipment (furnaces, heat pumps, boilers, ductwork and radiators) in homes whose main heating equipment is a forced-air furnace and whose main heating fuel is electricity.
Not counted:
- Thermostats.
- Room air conditioners.
- Repairs and tune-ups that did not add or replace equipment.
The survey records the home's main heating equipment, not the unit that was put in.
Survey category: "Added or replaced built-in heating equipment". Costs the Census Bureau filled in (34% of the professional jobs) are left out.
Where these numbers come from
American Housing Survey 2023 (U.S. Census Bureau and HUD), in 2026 prices by the U.S. Bureau of Economic Analysis price index for home improvements. Estimates by type of unit: U.S. Energy Information Administration. The calculations are our own; no agency has reviewed or endorsed them. Methodology · Data source