Cost of Oil Furnaces

How much does Oil Furnaces cost?


Below you will find our Oil Furnaces cost estimator based on values reflecting market wages
and material costs in 2024 so as to help you save money while renovating your existing space.
We base our costs on official estimates such as those provided by the US Bureau of Labor
Statistics, as well as market rates found at various home improvement retailers in the US.
Quantity Minimum Average Maximum
Material Including potential overage and basic coverage quantities. Excluding delivery upcharge, sales tax, and any additional items. 1 unit $2279.82 $2470.16 $2660.51
Labor Including site setup and preparation, job completion, trash removal and cleanup. 7.4 hrs $572.11 $707.14 $842.17
Tools/Supplies Includes equipment allowance and supplies for preparation, job completion and site cleanup. $103.0 $117.16 $131.31
Total Excluding sales tax, additional fees fees, dump charges, and unusual costs for repair or remediation. $2954.93 $3294.46 $3633.99

Unpacking AFUE Efficiency Ratings: Oil Furnace Replacement Cost Explained

An oil furnace’s price tag rises and falls with one key metric: its AFUE efficiency rating. An 80% AFUE model is the budget pick because it relies on a simple heat-exchanger design that wastes more fuel but keeps manufacturing costs low. Upgrade to a 95% AFUE condensing unit and the cost climbs; the secondary heat exchanger, sealed combustion chamber, and condensate management system add material and labor. The payoff is tangible—up to 15% lower annual heating bills, steadier indoor temperatures, and a quieter, cleaner-burning system that boosts long-term home value.

Revealing Hidden Costs: Venting, Tank Upgrades & Ductwork

If your new oil furnace slides into the same footprint, connects to an existing lined chimney, and reuses a healthy above-ground oil tank, installation costs stay low—often just basic hook-ups and a combustion tune-up. Need a stainless steel chimney liner, a code-compliant double-wall tank, or resized supply ducts for higher airflow? Those add-ons can double the labor budget and push material costs well past the furnace itself. Plan for the entire system, not just the appliance, to avoid budget-busting surprises.

Invest Smarter: How High-Efficiency Oil Furnaces Pay You Back

The true cost of heating isn’t the purchase price—it’s what you spend over the next 20 years. Entry-level furnaces with thinner heat exchangers and single-speed blowers burn more oil and face a higher chance of cracked components, leading to premature replacement.

Investing in a premium, high-efficiency model shifts dollars from future fuel and repair bills into an appliance that delivers quieter operation, steadier temperatures, and industry-leading warranties. Those monthly savings and enhanced comfort become strong selling points, adding measurable value when it’s time to list your home.

Frequently Asked Questions

What’s included in the price?

The price encompasses a comprehensive range of services and materials essential for Oil Furnaces. By offering such an all-inclusive package, our Oil Furnaces cost estimate in the United States becomes straightforward and easy to understand.

This includes all necessary materials required for the Oil Furnaces project, except for delivery fees. The cost covers labor for site setup, ensuring the area is adequately prepared for the installation process. It also includes the actual Oil Furnaces made by skilled professionals. Additionally, the price covers trash removal and cleanup, ensuring that the site is left in pristine condition post-installation.

Tools and supplies needed for the preparation, installation, and subsequent cleanup of the site are also included in the price. This means that from start to finish, all essential aspects of the project, except for delivery, are accounted for in the initial cost, providing a comprehensive and transparent pricing structure.

The average cost of Oil Furnaces in the United States is carefully calculated to include these extensive services and materials, making it a reliable estimate for anyone researching costs. This approach ensures that individuals looking into the costs can see a complete service without hidden charges, allowing for accurate budgeting and planning.

What’s excluded from the price?

The price does not include several potential additional costs that might arise during the project. The Oil Furnaces cost estimate in the United States aims to be as transparent as possible, highlighting potential additional costs that could impact the overall budget.

Delivery upcharges are not covered, meaning any extra fees associated with transporting materials to the site are excluded. Sales tax is also not included in the quoted price, and this additional cost should be anticipated.

Any additional fees like permits or inspections that may be required for the project are not part of the price, meaning these regulatory costs will need to be borne separately. Dump charges, which are fees for disposing of old materials, are also excluded. Furthermore, the price does not account for costs related to unexpected repairs or remediation that may become necessary if unforeseen issues with the existing premises are discovered during the project.

It is important to consider any potential additional expenses that might be incurred beyond the initial quoted price for Oil Furnaces in the United States. Understanding these exclusions helps anyone preparing for a project to anticipate any unexpected financial obligations.

What can influence the price estimate of Oil Furnaces?

The Oil Furnaces cost may be affected by several factors. One of the primary factors is the per square foot cost, which varies depending on the region, materials used, and complexity of the design. Labor costs are another significant factor; these can fluctuate based on the local market rates for skilled labor. The overall project cost can also be affected by the specific site conditions, such as the need for extensive site preparation or the presence of existing materials that need to be removed.

Additionally, the cost of permits, inspections, and other regulatory requirements can add to the total cost. Remodeling costs may also come into play if the project involves modifying or upgrading existing structures.

The square footage of the premises where the work will be performed is a direct factor, as larger premises require more materials and labor. To save money, it is essential to consider efficient planning and potential economies of scale. The existing space and floor plan can influence the complexity and, consequently, the cost of the project. Choosing a general contractor with experience and a good reputation can also impact the cost, as well-managed projects tend to stay within budget. Renovation costs, including unexpected repairs, can further influence the overall cost.

Being aware of these factors helps in creating a more accurate and realistic Oil Furnaces cost estimate in the United States, allowing for better budgeting and financial planning. Understanding average costs and potential additional expenses ensures that the project is well-planned and executed efficiently.