Home Improvement

Gas Furnace Cost Calculator

Enter the furnace rating, run time and gas price to estimate the cost of a heating season.

Your numbers

Read the nameplate. An example value.

Input is the gas burned. Output is the heat delivered, so efficiency is needed to find the gas.

From the nameplate or manual. An example. It sets the gas for a heat output rating and the heat for a comparison.

Average run time on heating days, not hours the thermostat is set.

From your bill. An example. If your bill shows CCF, check the therm conversion on it.

More options

Per month on your bill, over the heating months you enter.

The same heat from a furnace of this efficiency, for a replacement comparison.

Result

Gas cost for the season

$1,440.00

960 therms at $1.50 per therm.

Gas burned per hour
80,000 BTU
Therms in the season
960
Gas cost
$1,440.00
Cost per heating day
$9.60
How this was calculated
  1. Gas input = the rating, 80,000 BTU per hour.
  2. Therms = BTU per hour x hours x days / 100,000 = 80,000 x 8 x 150 / 100,000 = 960.
  3. Gas cost = 960 therms x $1.50 = $1,440.00.
  • Real use depends on weather, thermostat settings, duct losses and how the furnace cycles. Use hours from past bills if you can. Delivery charges and taxes may be in your price per therm or billed separately.

Calculated using SumPanda.com · https://sumpanda.com/gas-heating-cost-calculator/

Results are estimates for general information. Verify important figures before relying on them.

Next step

How to use the gas furnace cost calculator

  1. Enter the furnace rating in BTU per hour, and say whether it is the gas input or the heat output. Enter the efficiency (AFUE) from the nameplate.
  2. Enter the hours running per day on heating days, the number of heating days, and your gas price per therm.
  3. In More options, add a monthly fixed charge and the heating months, or a comparison efficiency for a replacement furnace.
  4. Read the headline for the gas cost of the season, the therms used, and the cost per heating day.

Formula

gas input per hour = heat output / AFUE, or the input rating as given

therms = BTU of gas per hour x hours per day x heating days / 100,000

gas cost = therms x price per therm

A therm is 100,000 BTU by definition. For a comparison, the same heat output is divided by the other efficiency to find the gas the other furnace would burn.

An 80,000 BTU input furnace

80,000 BTU per hour x 8 hours x 150 days is 96,000,000 BTU, or 960 therms. At $1.50 a therm that is $1,440 for the season, or $9.60 per heating day.

A 76,000 BTU output rating at 95% efficiency burns 76,000 / 0.95 = 80,000 BTU of gas an hour, so it costs the same $1,440. A fixed charge of $12 over 5 months adds $60, for $1,500. A furnace delivering the same heat at 80% efficiency would burn 95,000 BTU an hour, costing $1,710, which is $270 more, shown as ($270.00).

Input rating, output rating and efficiency

A furnace nameplate lists the gas it can burn per hour (the input) and the heat it delivers (the output). The ratio is the efficiency, often called AFUE. If you know the input, the gas burned is the input itself. If you only know the output, divide it by the efficiency to find the gas. The page handles both so you can use whichever number you have.

The hours per day are an average run time on heating days, not the hours the heat is set to be on. A furnace cycles on and off. If you have a past gas bill, working backward from the therms used gives a more reliable run time than a guess.

Comparing furnaces

The comparison shows the saving or extra cost of a different efficiency for the same heat. It does not include the cost of the new furnace or installation. For that side of the decision, try the Appliance Replacement Payback Calculator, and for sizing, the BTU Calculator. Electric and propane versions of the same question: the Electricity Cost Calculator and the Propane Tank Runtime Calculator.

Assumptions and limits

  • The furnace runs at the average hours you enter on every heating day. Weather and duct losses are not modeled.
  • The price per therm is the one on your bill. If your bill uses CCF, check the therm conversion on it.
  • Efficiency applies to the whole season. Real efficiency changes with how the furnace cycles.
  • Money is rounded to the cent, half up.

Formulas reviewed October 10, 2026. See the calculation methodology for how SumPanda rounds, tests and sources its formulas.

Frequently asked questions

How much does it cost to run a gas furnace?

Multiply the gas input in BTU per hour by the hours run, divide by 100,000 to get therms, and multiply by the price per therm. An 80,000 BTU furnace running 8 hours for 150 days uses 960 therms, which costs $1,440 at $1.50.

What is a therm?

A therm is a unit of heat energy equal to 100,000 BTU. Gas bills often list usage in therms, or in a volume such as CCF that the utility converts to therms. Check your bill for the conversion before you enter a price.

Should I enter the input or the output rating?

Use whichever the nameplate gives. Input is the gas burned. Output is the heat delivered, so the page divides it by the efficiency to find the gas. A 76,000 BTU output at 95% burns 80,000 BTU an hour.

How do I compare a new furnace with my old one?

Enter the old furnace first, then type the new efficiency in the comparison box. The page finds the gas the new one needs for the same heat and shows the difference per season, with a higher cost in parentheses.