Is getting a furnace replacement in Waterloo more cost-effective?

Definitely! Modern furnaces are considered to be more cost-efficient as compared to older units that have an energy loss of up to 30%.

Do modern furnaces in Waterloo have a longer lifespan?

Modern furnaces have a lifespan of 15 to 25 years.

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How Much Does it Cost to Replace a Furnace in Waterloo?

Typical Range: $1,469 - $1,618

The average furnace replacement cost in Waterloo is $1,469 - $1,618, but it could vary from $1,395 to $1,692. Discover the detailed price range here.

How Much Does it Cost to Replace a Furnace in Waterloo?

A furnace has a lot of benefits that many households need, especially those living in the colder regions of the country. It provides extra heat that you need during cold winter nights. However, furnaces do not last forever. While upkeeping them can contribute in extending their lifespan, there comes a point that you need to get a furnace replacement in Waterloo service. Waterloo furnace replacement is not only important in saving on costs but to ensure the safety of your family and home. There are signs that you can use as a guide to know if your furnace has to be replaced. One indicator is the age of your furnace. A furnace can last for 16 to 20 years. If your furnace is near the end of its life, you might want to consider shopping for a replacement already. Another sign that you need furnace replacement in Waterloo is when your gas and electricity consumption is increasing. This means that your furnace is losing its energy efficiency which can cause a spike in your utility bills. You might also consider replacing your furnace if its repair cost is significantly expensive. Also, as your furnace near the end of its life, fixing or replacing its parts can become difficult and costly which is not practical. Perhaps the most common sign that you need Waterloo furnace replacement is when your furnace no longer provides the necessary heat to keep your home comfortable during cold times.

What is the price for Furnace Replacement in Waterloo, IL?

Home remodeling & home services cost estimates

ITEM	QUANTITY	LOW	HIGH
Furnace Cost	1 Furnace	$894	$1,136
Furnace Labor	5.2 Hours	$294	$309
Furnace Job Materials and Supplies	1 Furnace	$184	$199
Furnace Equipment Allowance		$24	$48
Total Cost to Install Furnaces	1 Furnace	$1,396	$1,693
	Average cost per Furnace	$1,396	$1,693

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Fair price breakdown

The total cost of your furnace replacement in Waterloo is primarily based on a few factors such as the type of furnace, the brand, the location in your home, your geographical location, and the labor. Before getting a Waterloo furnace replacement installed, you might also want consider the cost of removing the old one. Purchasing price of furnaces varies depending on the brand and type of the furnace. An average 80000 BTU gas furnace with 3-ton blower that can be installed in the utility room of a 1,600 to 2,000 square foot house can cost around $600 to $1,400 depending on the brand. Its installation is approximately around $1,800 to $4,000. On the other hand, furnace replacement in Waterloo that runs on electricity can cost around $400 to $1,200 depending on the brand that you will choose. The installation cost for an electric furnace starts at $1,600 and can go as high as $2,400. An oil furnace is estimated to cost between $1,300 to $2,300 while its installation is estimated to be around $4,600 to $7,000.

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Furnace Replacement quotes from Waterloo homeowners.

Central AC

HHannah L.•

Belleville, IL

“I just need the unit checked to make sure all is working properly. Thanks”

Find the Best Costs on Furnace Replacement - Waterloo, 62298

Labor cost can also have an impact on the total cost of your furnace replacement in Waterloo. It is best that to ensure your furnace will be installed properly, you should only hire licensed and authorized professionals for the job. Though their labor cost is higher, their work is guaranteed and you will have a peace of mind knowing that your furnace is well cared for. Hiring a professional can cost you around $50 to $75 per hour and an additional $50 for every crew helper. You might also consider getting in touch with your local area authorities for the necessary permits needed to install a furnace. Some cities and municipalities require a permit which usually costs around $50 to $150.

Verified Local pros & Availability

Get Free Quotes From HVAC Contractors available in Waterloo

Miller Heating & Cooling

221 W Mill St, Waterloo, IL, 62298

77.00

Verified Pro

539 locals recently requested a quote

Home Comfort Systems

221 W Mill St, Waterloo, IL, 62298

67.00

Verified Pro

469 locals recently requested a quote

Brinkmann Heating & Cooling

5930 Old Red Bud Rd, Waterloo, IL, 62298

69.00

Verified Pro

483 locals recently requested a quote

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Frequently Asked Questions (FAQ)

You need to consider the climate in your area to determine the BTU of the furnace that you need. Warmer or hotter climates require less BTU while colder regions need furnaces with higher BTU. You also need to consider the size of your house and your insulation.

Last Updated: Mar 21, 2026

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Every job is different. Our pros can get you an accurate and fair price quote today.