Quick Answer

Furnace/HVAC Replacement Cost in Indianapolis (2026)

Average cost in Indianapolis

$10,435avg

$5,200 – $16,500

$3 – $7 per sq ft

In Indianapolis, the average is $10,435 and most projects cost between $5,200 and $16,500, or about $3 – $7 per sq ft. Prices are before tax and based on 8 sources.

+8.5% YoY
8 sources
Updated 1 months ago
Indiana

Cost Breakdown

Itemized
Equipment & Materials

Furnace, AC unit, and refrigerant

$2,860 – $9,075

55%

Labor

Installation and testing (approx. 28 hours)

$1,560 – $4,950

30%

Overhead & Profit

Contractor margin and business costs

$676 – $2,145

13%

Permits & Fees

Marion County mechanical permits

$104 – $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 project

Live
sq ft
System Type
Efficiency
Ductwork

Your estimate in Indianapolis

$10,435

Likely range $5,200 – $16,500

  • Equipment & Materials55%$5,739
  • Labor30%$3,131
  • Overhead & Profit13%$1,357
  • Permits & Fees2%$209

Furnace only

$10,435

AC only

$11,406

Furnace + AC

$16,264

Heat pump (full system)

$20,150

Get quotes for this project →

Calibrated to 8 researched sources for Indianapolis. Before tax. Real quotes vary with site conditions.

📈Price Momentum

Year-over-year

~1 year ago

$9,617

Today

$10,435

Furnace/HVAC Replacement in Indianapolis is ↑ 8.5% compared to roughly a year ago — about $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
★★★★★

1,878 reviews

🔨

Chapman Heating, Air Conditioning, Plumbing and Electrical

9230 Crawfordsville Rd, Indianapolis, IN 46234, USA

4.9
★★★★½

7,360 reviews

🔨

Howald Heating, Air Conditioning & Plumbing

6542 E Westfield Blvd, Indianapolis, IN 46220, USA

4.9
★★★★½

2,190 reviews

🔨

LCS Heating and Cooling

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

4.9
★★★★½

1,589 reviews

🔨

HomeSense

2201 E 46th St Ste 200, Indianapolis, IN 46205, USA

4.9
★★★★½

692 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: 1 months 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.