Quick Answer

Furnace/HVAC Replacement Cost in Indianapolis (2026)

Average cost in Indianapolis

US$10,435avg

US$5,200 — US$16,500

US$3 — US$7 per sq ft

+8.5% YoY
8 sources
Updated 3 days ago
Indiana

Cost Breakdown

Itemized
Equipment & Materials

Furnace, AC unit, and refrigerant

US$2,860 — US$9,075

55%

Labor

Installation and testing (approx. 28 hours)

US$1,560 — US$4,950

30%

Overhead & Profit

Contractor margin and business costs

US$676 — US$2,145

13%

Permits & Fees

Marion County mechanical permits

US$104 — US$330

2%

🧾Sales Tax (7%) — Indiana
Base cost + $730 tax$11,165

Sales Tax at 7%

📋What's Included

Scope

Typically Includes

  • Furnace or AC unit
  • Thermostat
  • Basic ductwork connections
  • Refrigerant
  • Labor & installation
  • Old unit disposal

Typically Excludes

  • Full ductwork replacement
  • Zoning systems
  • Smart home integration
  • Permits & inspections
  • Humidifier or air purifier

Based on a standard 2,000 sq ft home with existing ductwork.

🧮Estimate Your Cost

Interactive

Estimated Cost

US$6,373

US$5,098 — US$7,648

Based on 8 sources and market data for Indianapolis. Actual costs may vary depending on specific project requirements.

📈Price Momentum

Year-over-year

~1 year ago

US$9,617

Today

US$10,435

Furnace/HVAC Replacement in Indianapolis is 8.5% compared to roughly a year ago — about US$817 more on the average project.

Comparison derived from the year-over-year change rate, not a month-by-month price index. We don't store historical snapshots yet — when we do, this will become a real time series.

🏢Top HVAC Replace Contractors in Indianapolis

Verified providers
🔨

All Pro Heating, Air and Plumbing

9175 Harrison Park Ct, Indianapolis, IN 46216, USA

5.0
★★★★★

1,833 reviews

🔨

Fellowship Heating & Cooling

5602 Elmwood Ave Suite 216, Indianapolis, IN 46203, USA

5.0
★★★★★

426 reviews

🔨

Chapman Heating, Air Conditioning, Plumbing and Electrical

9230 Crawfordsville Rd, Indianapolis, IN 46234, USA

4.9
★★★★½

7,316 reviews

🔨

LCS Heating and Cooling

11929 E 65th St, Indianapolis, IN 46236, USA

4.9
★★★★½

1,557 reviews

🔨

Howald Heating, Air Conditioning & Plumbing

6542 Westfield Blvd, Indianapolis, IN 46220, USA

4.9
★★★★½

2,165 reviews

Provider data sourced from public business directories. Ratings and reviews are public and may change. LookupCost is not affiliated with listed providers.

💬What People Actually Paid

Community

Common Questions

For a standard 1,500–2,500 sq ft home, Indianapolis homeowners typically pay between $8,000 and $12,000 for a matched furnace and AC system, with a city average of approximately $10,365.

Yes, AES Indiana offers rebates up to $575 for qualifying heat pumps, while CenterPoint Energy provides $200–$300 for high-efficiency gas furnaces. Additionally, federal tax credits can save up to $2,000.

As of January 2026, the Indianapolis Department of Business and Neighborhood Services (DBNS) charges $185 for a combined heating and cooling changeout permit.

Indianapolis is in IECC Climate Zone 5A, which is heating-dominated. Most residents prioritize a high-efficiency gas furnace (96%+ AFUE) or a dual-fuel heat pump system to handle winter lows that frequently dip below 20°F.

📊Our Methodology

How we collect data
1

Aggregated from 7+ verified web sources and cost databases

2

Licensed contractor estimates and regional cost guides

3

Government construction and labor statistics

4

Community-reported project costs and reviews

Last data collection: 3 days ago. Updates run weekly. All costs in USD.

About this data

Cost figures are estimates synthesized from public market data using AI research and refreshed regularly. Real project costs vary by scope, materials, contractor, and site conditions. Always get verified quotes from licensed contractors for your specific project.

Spotted bad data? Let us know — we'll review and update.