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How Much Does A Goodman Furnace Cost?

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Key Takeaways
Price Range (Unit Only):$900 – $3,100
Total Installed Cost:$2,100 – $6,300
Factors Influencing Cost:Unit price, labor, fuel type, warranty, and brand comparison
Average Efficiency Rating:80% – 98%

When considering purchasing a Goodman furnace, it’s important to understand the costs associated with both the unit itself and its installation. This guide will help you comprehend the various prices, factors affecting those prices, and how Goodman furnaces compare to other brands in the market.

Goodman Furnace Prices

Goodman furnaces provide an excellent balance of quality and affordability. Here, we present the general price ranges for different models and their efficiency ratings.

SeriesAverage Installed CostEfficiency Rating (AFUE)
GC$2,100 – $6,00080% – 97%
GM$2,200 – $6,30080% – 98%

Goodman Furnace Prices By Fuel Type

The cost of a Goodman furnace can also vary based on the type of fuel it uses. Below is a detailed breakdown of the costs for both gas and electric furnaces:

Fuel TypeAverage Price (Unit Only)Average Installed Cost
Gas$900 – $3,100$2,100 – $6,300
Electric$950 – $1,800$2,200 – $5,000

Goodman Gas Furnaces

Goodman gas furnaces are known for their high efficiency and reliability. They typically cost more upfront compared to electric furnaces but can save you money on energy bills in the long run due to higher efficiency ratings.

Goodman Electric Furnaces

Electric furnaces are generally cheaper to install but can be more expensive to run over time compared to gas units. They are a good option for homes without access to natural gas.

Goodman Furnace Cost Factors

Several factors influence the overall cost of a Goodman furnace. The primary components contributing to the total expense include the price of the unit, labor costs, and any additional features or warranties.

FactorAverage Cost
Unit$900 – $3,100
Labor$1,200 – $3,200
Total$2,100 – $6,300


Labor costs are a significant part of the total installation expense. These costs can vary based on the complexity of the installation and the rates charged by local contractors.


Goodman furnaces come with various warranty options, which can impact the overall cost. Typically, a longer or more comprehensive warranty will add to the initial price of the furnace but can provide peace of mind and potential savings on future repairs.

Goodman Furnace Prices Vs. Other Brands

When comparing Goodman furnace prices to those of other brands, Goodman generally offers competitive rates. Below is a comparison of installation costs and efficiency ratings among major brands.

BrandAverage Installed CostEfficiency Rating (AFUE)
Amana$2,100 – $8,20080.0% – 98.0%
American Standard$2,700 – $9,00080.0% – 97.3%
Bryant$2,300 – $7,00080.0% – 98.3%
Carrier$2,400 – $8,00080.0% – 98.5%
Goodman$2,100 – $6,30080.0% – 98.0%
Heil$2,400 – $6,40080.0% – 98.0%
Lennox$3,000 – $9,50080.0% – 99.0%
Rheem / Ruud$2,500 – $7,80080.0% – 98.0%
York$2,300 – $10,00080.0% – 98.0%

As shown, Goodman furnaces offer high efficiency at relatively lower costs compared to many prominent brands.

Goodman Furnace FAQs

To help you make an informed decision, we’ve answered some frequently asked questions about Goodman furnaces.

Is Goodman A Good Furnace Brand?

Goodman is widely recognized for producing reliable and efficient furnaces. Their products are known for durability, high-efficiency ratings, and affordability, making Goodman a popular choice among homeowners.

How Long Do Goodman Furnaces Last?

On average, a Goodman furnace can last between 15 to 30 years, depending on how well it is maintained and the conditions in which it operates. Regular maintenance can significantly extend the lifespan of the furnace.

When Is The Best Time Of Year To Replace A Furnace?

The best time to replace a furnace is typically in the late spring or early fall. During these periods, HVAC contractors are less busy, which can lead to faster service and potentially lower installation costs.

Who Sells Goodman Furnaces?

Goodman furnaces are sold by numerous authorized dealers across the country. These include HVAC contractors, home improvement stores, and online retailers.

Getting Estimates From Goodman Furnace Installers

When planning to install a Goodman furnace, it’s essential to gather estimates from multiple installers to ensure you get the best deal. Here are some crucial questions to ask potential installers:

Questions To Ask Goodman Furnace Installers

  • Are you a licensed and insured HVAC contractor?
  • Can you provide references or reviews from previous customers?
  • What is the total cost estimate for the installation, including all fees?
  • What warranty options are available for the furnace and the installation work?
  • Do you offer any financing options or promotions?

By asking these questions, you can find a trustworthy installer who offers fair pricing and quality service. Installing a Goodman furnace can be a significant investment, and being well-informed will help you make the best decision for your home and budget.

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