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Goodman Furnace Prices – What’s a Fair Price?

Goodman Furnace Prices – What’s a Fair Price?

People often ask us about Goodman furnace prices, and I tell them to spend more time researching the contractors in their area, and not worry so much about brands.  They, of course, ignore me, so here we are – this series of articles, per your request, is dedicated to discussing fair furnace prices, and today’s article will tackle Goodman furnace prices.  Those of you who know us, know that we are a small, U.S. Veteran-Owned heating and air conditioning company located in Southern California, and have built our reputation on being honest, straight-shooters – our articles are no different.  In this article, we will discuss a little bit about Goodman furnaces, evaluate the Goodman furnace price value index, then we’ll take a look at some furnace prices for some of their more popular models, and finally, we’ll examine the average Goodman furnace cost of installation.

Goodman Furnace Prices – A Bit About Goodman

Goodman furnace price calculatorBefore we can discuss Goodman furnace prices, we should spend a little time on Goodman themselves.  Many people may not have heard about Goodman Manufacturing, but they are very well known in the South, particularly in Texas, where they are built.  Goodman Manufacturing has a reputation for reliability and boasts some of the best customer service and warranty programs in the industry.  What a lot of people don’t know, however, is that they also make another brand that most of you probably have heard of: Amana Air Conditioning and Heating.

Amana is built by Goodman furnaces and is, for all intents and purposes, just their high-end brand name.  Think of Amana as being to Goodman, what Lexus is to Toyota.  Pop the hood on a Lexus, and it still says Toyota on the engine (or at least it did the last time I looked).

Likewise, Amana offers the same exact features as Goodman, for a higher price-tag.  Yet, the technology is the same, which allows Goodman furnaces to provide something to our customers that most other brands do not – a high value.  Those of you who read our review of Carrier furnace prices, may have noticed that there was value in one of their lesser-known brands: Day & Night…the same is true of the relationship between Goodman and Amana.  Enough said – the horse has been sufficiently beaten.  For more on Carrier and Day & Night, try:

Goodman furnace pricesGoodman furnaces feature all of the same technology that their competitors offer, including:

  • High efficiency furnaces up to 98% AFUE – AFUE stands for: Annual Fuel Utilization Efficiency, and is a measure of how much fuel your furnace translates directly into heat.  98% AFUE simply means that 98% of the fuel consumed heats your home, and 2% is wasted up the flue.
  • 20-year warranty on furnace heat exchangers, and a lifetime warranty on the high-end models.
  • Available variable-speed, two-stage, and modulating valve technology.

It is important to point out, that this article on Goodman furnace prices is completely unbiased – we are licensed to install all major furnace brands, and have no loyalty to any one brand or model.  This article is just for you, the consumer.  For more information on our ratings and the sister articles on other furnace brands, try:

For those of you interested in the quick, short answer, Goodman furnace prices range from $350 – $2,100, based on model chosen, location, and size.

Goodman Furnace Price Value Index

I know that all of you are here to get the quick, easy look at Goodman furnace prices.  But wait just a second…what is there in a price?  Isn’t a price just a number some executive at Goodman made up?  For our customers, we aren’t so concerned with prices…we can get to those later.  What we are concerned with is value.  That is to say, if an item is worth what you pay for it, then it has value.  If it is worth less than you paid for it, such as an expensive furnace that breaks down all the time, then it has poor value.

Fortunately for you, you have us – the ASM team sat down and crunched the numbers.  We factored in multiple variables, including wholesale contractor prices (the price we pay for the equipment as contractors), reliability ratings, increase in price for high-efficiency features (i.e. is their high-end model marked up more than their competitors’ comparable models?), price difference by location, average cost of installation, and various other factors.  We then indexed this data, and compared it against the other major brands to see how they did.  Let’s take a look at how Goodman furnace prices broke out.

Goodman Furnace Prices - Price Value Index Scale

Goodman Furnace Price Value Analysis

As you can see on the Goodman furnace price value index scale above, Goodman furnaces indexed out at 0.51, with 1.0 being considered a “fair price for the value received.”  This shows significant value in Goodman, especially when compared to overpriced brands like Lennox and Carrier.  Goodman’s main competitors were Rheem, Ruud and to a lesser extent, Day & Night.

Goodman furnace prices indexed better than many of their competitors for a variety of reasons, but one of the main reasons was the technology they offered, combined with high customer service ratings, at an affordable price.  As such, Goodman furnaces would be a company worth seriously considering for your project.

Goodman Furnace Prices – The Numbers

If you didn’t read our section on the Goodman furnace price value index, then stop…scroll up and read it.  If you just read the prices in this section, it won’t mean a whole lot without understanding the value these numbers represent!  In this section, we are going to address what you’ve all been waiting for: some actual Goodman furnace prices.

Please keep in mind, that it is in no way, shape or form, possible for us to list the price for every single Goodman furnace.  There are dozens of furnace models, each of which comes in between four and seven different sizes, all of which have their own price. Google wouldn’t like us very much if we did that…so we have chosen a couple of the more popular Goodman furnace models and sizes, and listed the wholesale prices below – this is what a contractor would actually pay for this furnace – take some heart medication if you need it.

Goodman furnace cost of installationGoodman 80% AFUE, Single-Stage, GMS80, Gas Furnace – 40,000 BTU Size

Wholesale Contractor’s Price: $353.00

Boy, Tim, that’s a lot less expensive than my contractor said a Goodman furnace price was going to be!  No kidding…but all I’m offering is the truth, and that’s what we really pay for this furnace!

This furnace is the workhorse of the Goodman lineup.  It is reliable, sturdy, and we have never had a problem with it.  If you live in Southern California, or any other chilly, but not actually cold-in-the-winter climates, then this is the Goodman furnace for you.  It features:

  • 80% AFUE – this is the furnace’s efficiency rating.  It means that 80% of the fuel burned is translated into energy, and 20% is vented through the flue as thermal waste.
  • Single-Stage – this is the basic feature that most furnaces will have, as compared to Two-Stage furnaces, which are often seen in colder climates.
  • 40,000 BTU – this is the size of the furnace – your furnace should be sized properly for your home – prices will vary based on size.

Goodman 96% AFUE, Single-Stage, GCSS96, Gas Furnace – 40,000 BTU Size

Wholesale Contractor’s Price: $713.00

Unlike the furnace listed above, this furnace is designed for colder climates.  If I lived up north in Montana or Michigan, this is the furnace I would probably choose.  It doesn’t have as many of the bells and whistles that some of their higher-end models have, but it is sturdy, well built, and efficient.  It features:

  • 96% AFUE – the furnace’s efficiency rating.  It means that 96% of the fuel consumed is translated into energy, and only 4% is lost through the flue as thermal waste.
  • Single-Stage – this is the basic feature that most furnaces will have, as compared to Two-Stage furnaces.
  • 40,000 BTU – this is the size of the furnace – again, your furnace should be sized properly for your home – prices will vary based on size.

Goodman Furnace Cost of Installation

Goodman furnace prices are only part of the bigger picture.  You still need to know what it will cost you to install it.  Those of you who have read other articles in the series, will recognize this graph – if you are wondering why I structured every single one of these articles the same, it is for a very specific reason – so you can easily compare different brands.  Below, you’ll see a graph from Homeadvisor which illustrated the average price of a new furnace installation across the U.S.

As you can see, the average price of a new furnace installation is around $3,925, with a range from about $2,000 to $5,500.  This, however, is a national average, cannot accurately predict the prices of a furnace installation in your specific area, and does not a account for brand price differentiation.  Goodman furnace prices may vary greatly from these numbers!  Take a look:

Goodman Furnace Prices - Average National Cost of Furnace Installation

Average Goodman Furnace Cost of Installation

In order to specifically average out the cost of a Goodman furnace installation, we’d need to run data on Goodman furnaces alone…in much the same way that we had to for our Goodman furnace price value index above (the most valuable part of these articles…which you probably keep skipping over!).  Once you differentiate Goodman furnace prices, a very distinct advantage to our customers reveals itself:

  • The average Goodman furnace cost of installation is: $2,427.
  • The average Goodman furnace price of installation is 38% cheaper than the national average.

If you are seriously in the market for a new furnace, you may want to consider reading this article:

Top 10 Furnace Brands

Final Thoughts on Goodman Furnace Prices

The purpose of this article was simple: to educate you – the consumer – on Goodman furnace prices.  In the end, I can give you my opinions, but it is really up to you to decide if Goodman furnaces are right for you and your family.  Take a look at more of our articles, including other articles in this series on furnace prices, on our ASM-air Blog.  If you live in Southern California, you might be in our service area!  Click below for more info.

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