How much a new Rheem furnace costs depends on model, size, efficiency, and installation, but typically costs $2500 to $5000 installed for residential, which is mid-range pricing. Rheem Manufacturing Company, founded in 1925, headquartered in Atlanta, Georgia, makes Rheem furnaces including Classic series and Prestige series. For furnace unit only, without installation, Rheem gas furnaces cost $1000 to $2500 for unit. Classic 80 percent AFUE single-stage furnace, entry-level, costs $1000 to $1500 for unit, $2500 to $3500 installed. Classic Plus 96 percent AFUE two-stage furnace, mid-range, costs $1500 to $2000 for unit, $3000 to $4500 installed. Prestige 96 percent AFUE variable-speed high-efficiency furnace, top, costs $2000 to $2500 for unit, $4000 to $5000 installed, with variable speed blower and better comfort. Installation costs add $1000 to $2500 for labor, permits, and removal of old furnace. Size matters, 60,000 BTU for small home, 100,000 BTU for large home, larger costs more. Compared to Goodman which costs $2000 to $4000 installed, Rheem costs slightly more, and compared to Trane and Carrier which cost $3500 to $6000 installed, Rheem costs less, offering good value. So new Rheem furnace costs $2500 to $5000 installed, with unit $1000 to $2500, plus installation.
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