Installing a fireplace can transform your home into a cozy retreat, especially during the colder months. However, when you decide to make the installation, one of the critical concerns weighing on your mind is the cost implications.
So, how much does it cost to install a fireplace? In 2024, the cost of installing a fireplace will range from $100 to $10,000 with the average cost between $950 to $2,500.
Of course, the type of fireplace you choose, whether gas, electric, wood stove or wood-burning, will substantially impact your overall budget. Additionally, the choice between DIY installation and hiring professionals can influence both the cost and the success of the project.
This guide will break down the various costs associated with each type of fireplace and discuss the factors that influence these costs to help you create a proper budget for your project.
Key Takeaways:
- The average cost of installing a fireplace ranges between $950 and $2,500.
- The cost is typically determined by the type of furnace selected, the ventilation system installation, materials used, labor costs, and permits.
- Choosing a DIY approach or hiring installation experts for the project can also determine the furnace installation cost.
Table of Contents
Types of Fireplaces and Their Costs
Let’s look at the most popular fireplace models and their costs.
1. Gas Fireplaces
Gas fireplaces are popular for their efficiency and ease of use. They can be direct-vented through the wall or roof or ventless, which do not require an external vent. A gas fireplace installation cost ranges from $2,300 to $10,000, which includes the unit, venting, and installation labor. The price can vary depending on the complexity of the installation and the quality of the gas fireplace.
2. Electric Fireplaces
Electric fireplaces are the simplest to install, often requiring just an electrical outlet. They are also highly versatile in terms of placement. The cost can range from as low as $100 for a basic model to over $2,000 for high-end units with realistic LED flame technology. Installation is minimal and can often be a DIY project, but if additional electrical circuits are needed, professional installation may be necessary, which could cost around $200 to $500.
3. Wood Stove Fireplaces
A wood stove is a traditional option that offers robust heat and efficiency. The cost of a wood stove ranges from $1,000 to $3,200 without installation. However, installation costs can be significant because of the need for proper venting and adherence to local building codes. With the installation costs included, the total cost can be between $2,500 and $5,000.
4. Wood-Burning Fireplaces
Traditional wood-burning fireplaces offer a classic aesthetic and the genuine sound and smell of burning wood. These installations are usually the most complex and expensive, ranging from $5,000 to $14,000. This type of fireplace requires a chimney and proper ventilation, which can add substantially to the total cost.
Factors Influencing Fireplace Installation Costs
Here are the factors you need to look at when estimating how much it would cost to install a fireplace.
- Ventilation Needs — The need for a chimney or venting system can dramatically increase installation costs.
- Materials — The quality and type of materials used (e.g., stone, marble, brick) can affect the overall cost.
- Labor — Labor costs vary significantly based on the complexity of the installation.
- Permits and Inspections — Depending on where you live, you may need permits, and your installation may require inspections, which can increase costs.
DIY vs. Hiring Fireplace Installation Experts
Installing a fireplace yourself can reduce costs, particularly with electric fireplaces, which are the most straightforward. However, DIY projects can be risky if you’re not experienced, particularly with gas or wood-burning installations where improper installation can lead to safety hazards.
Hiring experts is more expensive but ensures installation complies with local codes and safety standards. Professionals can also handle any structural modifications needed, particularly important for gas and wood-burning fireplaces.
Contact Luxury Heating & Air for Quality Fireplace Sales and Installation Services
Have you been dreaming of installing a fireplace? Contact Luxury Heating & Air for quality and affordable fireplace installation services. We are a locally owned and operated company with over 20 years of experience in furnace sales and installation. Contact us today for a stunning fireplace that will completely transform your home.