Cost guides › Furnace replacement › New Mexico
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Furnace replacement cost in New Mexico
Most homeowners pay $4,450 – $7,400 (mid-range, typical $5,700, before sales tax), 5% below the national average.
Most homeowners pay
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mid-range, typicalPrice levels in New Mexico
| Typical | Labour | Materials | |
|---|---|---|---|
| Basic | $4,300 $3,350 – $5,550 | $1,269 | $3,010 |
| Mid-range | $5,700 $4,450 – $7,400 | $1,483 | $4,200 |
| Premium | $9,200 $7,200 – $12,000 | $1,879 | $7,320 |
Why prices in New Mexico are different
Labour makes up about 26% of a mid-range furnace replacement job, around 16 hours of trade work. Tradespeople in New Mexico cost about 18% less than the national average (official wage data: BLS Occupational Employment and Wage Statistics), while materials are priced much the same across the country. That is why the total comes out 5% below the national figure.
New Mexico ranks 47 of 51 states for this job, from most to least expensive.
By area
| Location | Basic | Mid-range | Premium |
|---|---|---|---|
| Albuquerque, NM | $4,450 | $5,900 | $9,450 |
| Farmington, NM | $4,300 | $5,750 | $9,250 |
| Las Cruces, NM | $4,250 | $5,650 | $9,200 |
| Santa Fe, NM | $4,250 | $5,650 | $9,150 |
| Eastern New Mexico nonmetropolitan area | $4,250 | $5,600 | $9,100 |
| Northern New Mexico nonmetropolitan area | $4,150 | $5,550 | $9,000 |
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Frequently asked questions
How much does furnace replacement cost in New Mexico?
A mid-range job typically costs $5,700 before sales tax, with most homeowners paying between $4,450 and $7,400. A basic job is about $4,300 and a premium one about $9,200.
Is furnace replacement more expensive in New Mexico than the national average?
New Mexico: 5% below the national average. Labour makes up about 26% of a mid-range furnace replacement job, around 16 hours of trade work. Tradespeople in New Mexico cost about 18% less than the national average (official wage data: BLS Occupational Employment and Wage Statistics), while materials are priced much the same across the country. That is why the total comes out 5% below the national figure.
How much of the price is labour in New Mexico?
About 26% at the mid-range level, around 16 hours of work at local rates. The rest is materials, equipment and disposal, which vary much less between regions.
Where in New Mexico is it most expensive?
Albuquerque, NM is the most expensive area at about $5,900 for a mid-range job, and Northern New Mexico nonmetropolitan area the least expensive at about $5,550.