Oil Furnace and Boiler Replacement Cost Calculator
Homeowners who hired a professional to add or replace heating equipment in a home heated by fuel oil reported a median cost of $7,400 in 2026 prices; half of them paid $4,500 to $11,400.
$7,400typical cost
Typical range: $4,500 – $11,400
66 real jobs from 2021 to 2023, in 2026 prices.
Is your oil furnace or boiler quote high or low?
| Cost of the job | Share of jobs |
|---|---|
| $2,500 or less | 9% |
| $4,000 or less | 19% |
| $5,000 or less | 30% |
| $6,000 or less | 39% |
| $7,500 or less | 51% |
| $10,000 or less | 69% |
| $12,000 or less | 82% |
| $15,000 or less | 89% |
| $20,000 or less | 97% |
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.
Oil heating replacement cost by home size
Size of the whole home, not of the job.
Fewer than 30 jobs, no figure: 750–999 sq ft (1), 1,000–1,499 sq ft (7), 1,500–1,999 sq ft (16), 2,000–2,499 sq ft (16), 2,500–2,999 sq ft (9), 3,000–3,999 sq ft (6), 4,000 sq ft or more (7).
By home value
Fewer than 30 jobs, no figure: Under $200,000 (4), $200,000–$349,999 (18), $350,000–$599,999 (17), $600,000 or more (25).
Oil heating replacement cost by region and metro area
| Region and division | Median | Middle half | Jobs |
|---|---|---|---|
| Northeast | $7,200 | $4,500–$11,400 | 60 |
| New EnglandConnecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont | $10,300 | $6,800–$14,600 | 36 |
Fewer than 30 jobs, no figure: Middle Atlantic (24), Midwest (2), East North Central (1), West North Central (1), South (3), South Atlantic (3), West (1), Pacific (1).
No metro area has 30 or more of these jobs in the survey.
Oil furnace and boiler cost by type of unit: federal estimates
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 |
|---|---|---|
| Oil furnace105,000 Btu per hour | $4,000–$7,700 | $5,800–$11,500 |
| Oil boiler140,000 Btu per hour | $6,300 | $6,500 |
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 oil heating jobs
| Paid mainly with | Share | Median | Middle half | Jobs |
|---|---|---|---|---|
| Cash from savings | 77% | $7,200 | $4,100–$9,200 | 50 |
| Home equity loan | 5% | too few jobs | 4 | |
| Credit or store card | 8% | too few jobs | 6 | |
| Contractor financing | 2% | too few jobs | 1 | |
| Other | 9% | too few jobs | 5 |
Oil heating replacement: hiring a pro or doing it yourself
82% hired a professional; 18% did most of the work themselves.
| Who did most of the work | Median | Middle half | Jobs |
|---|---|---|---|
| Hired a professional | $7,400 | $4,500–$11,400 | 66 |
Fewer than 30 jobs, no figure: Did most of the work themselves (11).
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 fuel oil
7.6% of owner-occupied homes heated with fuel oil 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 | 7.4% | 267 |
| 1940 to 1959 | 9.2% | 279 |
| 1960 to 1979 | 6.7% | 338 |
| 1980 to 1989 | 6.8% | 127 |
| 1990 to 1999 | 13.1% | 65 |
| 2000 to 2009 | 5.2% | 56 |
Oil heating replacement cost by year, as reported
| Year | Median | Middle half | Jobs |
|---|---|---|---|
| 2022 | $7,700 | $5,000–$8,000 | 31 |
Fewer than 30 jobs, no figure: 2021 (16), 2023 (19).
Not adjusted to 2026 prices; 2021 and 2023 are covered only in part. How the price adjustment works
What counts as an oil furnace or boiler replacement in this data
Counted:
- Adding or replacing built-in heating equipment (furnaces, heat pumps, boilers, ductwork and radiators) in homes whose main heating fuel is fuel oil.
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 (6% 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