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Your HVAC is one of the most important systems in your home, keeping you comfortable during all seasons of the year. When an HVAC fails, the necessary repairs can be costly, especially if you don’t have a home warranty to cover expensive repair or replacement costs. Before getting quotes for the cost of your HVAC installation, you’ll want to know what price ranges to expect. The This Old House Reviews Team created this comprehensive guide that breaks down the HVAC replacement costs and unit prices for the three most common heating and cooling systems: air conditioners, furnace heaters, and heat pumps. Keep reading to learn more about each system and how much you should expect to pay for a new one. HVAC Installation Cost by TypeTo understand what all goes into your HVAC’s replacement cost, you’ll need to understand what type of installation you need. HVAC, or Heating, Ventilation, and Air Conditioning is a broad term that can represent multiple systems in your home that work together to heat or cool the air that circulates throughout the house. For instance, if it’s a hot summer and your air conditioner goes out due to old age, you wouldn’t necessarily need to replace your furnace heater, but you would probably need a new or repaired AC unit. Each type of HVAC system can come in various models and subtypes, depending on your preference and home compatibility. *You can typically install window AC units on your own. Air conditioning is a must-have to keep your house comfortable during the summer months. Unfortunately, most AC unit breakdowns occur during the hottest weather since that’s when your system works the hardest. In general, you can expect to pay somewhere between $2,500 and $8,000 for the total cost of an air conditioner, including installation, unless you purchase an inexpensive window unit to cool your room. Here are more details about the two common types of air conditioning units found in homes:
Furnaces are the most common type of heating system and work by forcing air through your home’s ducts and vents to warm the house. A furnace is a separate unit from your air conditioner, but it typically uses the same ductwork for circulation and ventilation. The total cost to install a furnace can range from around $1,500 up to $9,000, depending on the type you choose. Here are more details about the three common types of furnaces:
Although most homes have split heating and cooling units that make up their entire HVAC system, there are high-efficiency hybrid options, such as heat pumps, for those who want one unit to do all the work. In general, the cost of heat pumps with installation included is much higher than other HVAC units, ranging from around $2,000 up to $30,000. This is because they combine heating and cooling and typically use less energy to operate, saving you money on your electricity and gas bills. Here are more details about each common type of heat pump:
Factors That Affect HVAC Replacement CostIf you need to install or replace an HVAC system, whether it’s an expensive geothermal heat pump or a standard central air conditioner, there are a few factors that go into the total pricing that you should be aware of before hiring a professional for the job. Here are more details about each of those factors:
In some cases, you may not need to replace your HVAC unit. Most HVAC units can last between 15 and 20 years, so if you have an issue with your heating or cooling system and it’s not that old, consider hiring a contractor to help repair the system before completely replacing it. Enter your ZIP code into the tool below to get started with estimates from local HVAC repair professionals near you: If your air conditioner, furnace, or heat pump needs repairs rather than an installation, you could save a substantial amount of money. Below are some average repair costs for HVAC systems to give you an idea of what to expect. Frequently Asked QuestionsWhat is the best type of HVAC unit?Determining the best type of HVAC for your home depends on your specific needs, the climate in your area, your budget, and your house’s compatibility. In general, heat pumps offer the most efficient HVAC systems since they convert temperatures from the air, water, or ground to condition the air that circulates throughout your home, requiring less gas or electricity. However, they may not be best for homeowners living in colder climates, with temperatures consistently dropping below 32 degrees Fahrenheit. They can also be more expensive than other HVAC options. We recommend consulting with an HVAC professional to help determine which system makes the most sense for your home. What size AC unit do I need?Since the size of your home determines how many BTUs your air conditioner should have, the size of the unit you need will vary depending on your house’s exact square footage. Choosing an AC unit with the right amount of BTUs is important to ensure you’re getting efficient energy use. For example, while some small rooms with 100–200 square feet may only need a unit with around 5,000 BTUs, larger homes with more than 2,000 square feet will likely require a unit with 34,000 BTUs or more. What SEER rating should I consider?The best SEER rating for your HVAC unit can vary depending on your budget. High-efficiency units are typically more expensive but can save you money in the long run by helping you save on your monthly energy bills. Depending on where you live, the DOE enforces a minimum SEER rating of 13 or 14, but you can find air conditioners with up to 22 or 23 SEER ratios. You can also get federal tax credits for purchasing split systems higher than 16 SEER and package systems higher than 14 SEER. Can I install an HVAC unit by myself?While you may be able to install window AC units on your own, we don’t recommend installing central air conditioners, furnaces, or heat pumps without professional training and proper equipment. Why is my energy bill so high?Your HVAC could likely be the cause of an abnormally high energy bill. This can be caused by several issues, including dirty air filters, duct leaks, failing motors or other parts, low refrigerant, lack of maintenance, and simple aging of the appliance. If you notice a substantial increase in your energy bill, we recommend reaching out to an HVAC pro to help determine if there’s something wrong with your heating and cooling system. To share feedback or ask a question about this article, send a note to our Reviews team at . Is it cheaper to replace the furnace and AC together?Adding a furnace during your air conditioner replacement will cost a lot less, around $1,000 to $3,000. The only time it really makes sense to wait to replace your furnace is if it is less than 10 years old. This way, the furnace will most likely last until the next time your air conditioner needs to be replaced.
How much should a furnace and air conditioner cost?New HVAC systems cost between $1,000 and $10,000, depending on the brand and size of the unit. A new furnace typically costs between $1,000 and $4,000, and an air conditioner runs from $1,500 to $8,000. Consider that a newer, more energy-efficient model may save you money on energy bills in the long run.
Is it best to replace furnace and AC at same time?Replacing both the AC and furnace at the same time reduces your energy bill. Replacing an old furnace with a new high-efficiency model can save up to 33% on your annual heating bill. Replacing just the air conditioner alone in a home that has an old heating system can be a waste of money.
How much is a HVAC system for a 2000 sq ft house?On average, when looking to replace your HVAC system, the cost for the unit itself will range between $4,850 and $9,400.
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