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Several factors can influence the overall cost of replacing your furnace:
1. **Type of Furnace**: The cost varies depending on whether you choose a gas, electric, oil, or propane furnace. Gas furnaces are generally more cost-effective in the long run, but they might have higher upfront costs2.
2. **Efficiency Rating**: Furnaces with higher Annual Fuel Utilization Efficiency (AFUE) ratings are more expensive but offer greater energy savings over time. A high-efficiency furnace can reduce your energy bills by up to 30%3.
3. **Installation Complexity**: The complexity of the installation process can affect labor costs. Homes with older ductwork or those requiring significant modifications may face higher installation fees4.