Basic
$3,912 – $8,312 per project
Standard-efficiency oil furnace around 83% AFUE, single-stage, new flue connector and barometric damper, oil filter, line hookup, combustion test
How Much Does Oil Furnace Cost in Chicago, Illinois?
Supply and install an oil-fired furnace replacing an existing unit (standard to mid efficiency), including venting and oil-line connection; oil tank replacement and duct changes extra.
Oil Furnace in Chicago, Illinois typically costs $4,602 to $9,779 per project as of 2026. Prices reflect local labor and material rates. Use our calculator below for a detailed, ZIP-code-adjusted estimate.
Oil Furnace in Chicago, Illinois
$4,602 – $9,779
per projectPrices in Chicago are 19.0% higher than the national average for oil furnace.
National average: $4,000 – $8,500 per project
What you get at each price level
Standard
$4,602 – $9,779 per project
Oil furnace around 85% AFUE with multi-speed blower, new barometric damper, oil filter, line hookup, combustion test
Premium
$5,752 – $12,224 per project
Oil furnace around 86-87% AFUE with ECM blower, barometric damper, new filter and valve, full combustion tuning
Cost Breakdown in Chicago
| Component | Category | Price Range | Unit |
|---|---|---|---|
| Materials | material | $1,926 – $4,093 | job |
| Labor | labor | $1,820 – $3,868 | job |
| Supplies & Other | supplies | $514 – $1,091 | job |
| Equipment & Disposal | equipment | $342 – $728 | job |
Prices adjusted for Chicago local market conditions.
Cost Factors in Chicago, Illinois
What Affects Pricing
- Materials ($1,800.00-$3,824.99 per project)
- Labor ($1,399.99-$2,975.00 per project)
- Supplies & Other ($480.00-$1,020.00 per project)
- Equipment & Disposal ($320.01-$680.01 per project)
Local Price Adjustments
Material costs7.0% above avg
Labor costs30.0% above avg
Labor costs in Chicago run proportionally higher than materials, which may favor material-heavy solutions.
Frequently Asked Questions
How we price this
BuildX Pro researches and reviews the national price range for Oil Furnace, then adjusts it to your ZIP code for local labor and material costs using the public data below. Last checked Nov 2026.
- Construction wages by metro and rural area, used for the labor adjustment by ZIP code, U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025
- Regional price parities for goods, used for the materials adjustment by ZIP code, U.S. Bureau of Economic Analysis, 2024
Get Free Estimates in Chicago
Connect with local oil furnace contractors in Chicago for personalized quotes based on your specific project.