Basic
$3,157 – $6,708 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 Memphis, Tennessee?
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 Memphis, Tennessee typically costs $3,714 to $7,892 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 Memphis, Tennessee
$3,714 – $7,892
per projectPrices in Memphis are 8.0% lower than the national average for oil furnace.
National average: $4,000 – $8,500 per project
What you get at each price level
Standard
$3,714 – $7,892 per project
Oil furnace around 85% AFUE with multi-speed blower, new barometric damper, oil filter, line hookup, combustion test
Premium
$4,643 – $9,865 per project
Oil furnace around 86-87% AFUE with ECM blower, barometric damper, new filter and valve, full combustion tuning
Cost Breakdown in Memphis
| Component | Category | Price Range | Unit |
|---|---|---|---|
| Materials | material | $1,728 – $3,672 | job |
| Labor | labor | $1,218 – $2,588 | job |
| Supplies & Other | supplies | $461 – $979 | job |
| Equipment & Disposal | equipment | $307 – $653 | job |
Prices adjusted for Memphis local market conditions.
Cost Factors in Memphis, Tennessee
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 costs4.0% below avg
Labor costs13.0% below avg
Material costs in Memphis run proportionally higher than labor, which may favor labor-intensive approaches.
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 Memphis
Connect with local oil furnace contractors in Memphis for personalized quotes based on your specific project.