What does a new furnace cost in Minnesota?

A new furnace in Minnesota is priced by the size your home needs, the efficiency (AFUE) rating you choose, and your venting and installation specifics — so we quote each home individually with upfront, no-surprise pricing instead of a flat number. Here's what goes into the price and how to bring it down.

What determines furnace cost?

• Heating capacity (size). Set by a load calculation, not the size of your old unit.
• Efficiency (AFUE). A 96% AFUE furnace turns 96% of its fuel into heat; higher efficiency costs more up front but cuts winter gas bills.
• Single-stage vs. two-stage / modulating. More advanced burners and variable-speed blowers improve comfort and quiet at a higher price.
• Venting and installation. High-efficiency furnaces vent differently than older units, which can affect the install.

High-efficiency vs. standard: how to choose

Because a Minnesota furnace runs so many hours a year, the gas savings from a higher-AFUE model add up faster here than in a mild climate. We lay out the up-front cost against the expected winter savings — and any 2026 rebates the equipment qualifies for — so you can choose with the full picture. See our heating & furnaces page for what a high-efficiency Bryant install includes.

Should you consider a heat pump instead?

Before replacing a furnace outright, it's worth asking whether a cold-climate heat pump (often paired with a furnace in a dual-fuel setup) is the better long-term value — it heats and cools and unlocks the deepest rebate stack. Our heat pump guide explains how they perform in our winters.

The honest-price promise

We assess your home, explain the options, and put the number in writing before any work begins. If you've already been quoted elsewhere, a free second opinion makes sure the size, efficiency, and price all add up.

Frequently asked questions