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  1. Use our quick and free furnace size calculator to get an estimate on your new propane or natural gas furnace’s recommended size & BTU output. Get a quick idea of the ideal furnace heating capacity for your home with this FREE calculator!

    • Lennox Furnace Unit Prices and Model Tiers
    • Lennox Installation Costs
    • Prices For Lennox Add-Ons, Extras, and Thermostats
    • How Do Lennox Prices Compare to Other Brands?
    • Lennox Furnace Deals & Promotions

    Entry-Level Merit Series: $3,500 to $5,000

    The furnaces in this tier are ideal for homeowners with a smaller budget who still want the prestige of the Lennox name. Some of the furnaces in the Merit series are single-stage, constant torque models with AFUEs of 93 to 96 percent, making them better suited for smaller homes, such as townhouses, condos, and semi-detached houses. At the same time, there is one option in this series that’s two-stage with a variable-speed blower and an AFUE of 96 percent, so it should be powerful enough to ke...

    Mid-Range Elite Series: $4,500 to $6,500

    Lennox’s mid-range Elite series furnaces are ideal for homeowners who have a larger budget and want a high-end furnace that’s backed by a premium brand name that’s renowned and reputable. There’s obviously a rather large price difference in the Elite series between the more affordable models and the most expensive ones, and a lot of that has to do with whether the model is single-stage or two-stage, and whether it has a constant torque motor or a superior variable-speed one. Whether you’re lo...

    Premium Dave Lennox Signature Collection Series: $6,500 to $7,800+

    Premium Lennox furnaces are ideal for homeowners who have a very sizeable budget for a new furnace and who want the best in terms of brand name, reputation, quality components, and efficiency. The furnaces in Lennox’s Dave Lennox Signature Collection series are some of the highest performing models on the market, and that includes their premier unit, which has an AFUE of 99 percent and is the most efficient and quietest furnace on the market. Whether you want something two-stage or modulating...

    When upgrading a furnace, you don’t just have to budget for the furnace itself—you also have to put money aside for the installation. The average cost to buy a Lennox furnace is between $3,500 and $7,800, and that includes installation. That’s a pretty large price range, so let’s break down the cost a little more because this will help you make mor...

    Smart Thermostats $250 – $750:Lennox has a series of proprietary smart thermostats called iComfort thermostats. There are different models for different furnace tiers (M30 for Merit furnaces, E30 for Elite, and S30 for Dave Lennox), and they come with a variety of capabilities. The most sophisticated model, the S30, has the most features, including...

    Lennox versus Carrier

    Carrier is one of the most comparable brands to Lennox in terms of reputation and pricing. On average, Carrier furnaces cost between $3,500 to $7,750, so they do have some models that are both more expensive and more affordable than Lennox furnaces. There are some similarities between the tier and models that Lennox and Carrier offer. Carrier’s top-of-the-line unit is a modulating, variable-speed furnace with an AFUE of 98.5 percent, and their entry-level model is a single-stage, multi-speed...

    Lennox versus Armstrong Air

    Armstrong isn’t in the same tier as Lennox as far as brand prestige and pricing: their name isn’t as well-known, and their furnaces cost between $3,500 and $5,600. But it’s still worthwhile comparing the two because the same parent company is responsible for both brands. The company that makes Lennox furnaces is Lennox International, and they also own Allied Air Enterprises, LLC, which makes furnaces under the Armstrong name. Although Armstrong might not be as well-recognized or have the same...

    Lennox versus Trane

    Trane isn’t quite as expensive as Lennox, but it does cost between $4,500 and $7,100 to buy and install a high-efficiency Trane furnace. Trane has single-stage, two-stage, and modulating units. Their best model is modulating with variable-speed capacity, and it has an AFUE of 97.3 percent. However, it has some perks that Lennox’s top model doesn’t, including a self-diagnostic control board and communicating capabilities. In the mid-range, Trane has some two-stage, variable speed models and tw...

    Check out our Local HVAC Deals pagefor possible discounts and promotions on Lennox furnaces in your area.

  2. Our online sizing calculator determines what size furnace you’ll need and then presents you with four different options that will work in your home. You can choose the furnace (and price point) that you’re most comfortable with—and not worry about having to deal with a pushy salesperson.

  3. How Much Does a New Furnace Cost? The average cost for a new natural gas or propane high-efficiency furnace is $5,000 to $8,000. This price includes standard installation, at least a one-year warranty and all required licenses for installation.

  4. Heat Pump Cost Calculator. Use our quick and free heat pump pricing calculator to get an estimate on how much your new air-source heat pump system for your home will cost, including installation.

  5. Jul 24, 2023 · Lennox gas furnace prices vary from $2,900 to $8,300+. In general, you will save nearly $15,292 on energy bills during the next 20 years of system’s lifespan. Also, you can ask for furnace rebates from your local dealer.

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  7. Sep 26, 2023 · The federal study found that by installing a cold-climate air-source heat pump, Canadian households switching from an electric furnace would save an average of $700 to $1,900 a year in...