A heat pump’s overhead often depends on its type. The following are the average costs to expect when purchasing and installing a new heat-pumping system:
Geothermal: $13,000 to $36,000
Gas: $4,300 to $8,000
Air-Source: $3,300 to $7,500
Ductless Mini-Split System: $1,500 to $5,000
Other factors that influence the total costs of adding a heat pump include:
Size
Brand
Seasonal Energy Efficiency Ratio (SEER)
Heating Seasonal Performance Ratio (HSPF)
Professional Labor
If you’re looking at furnaces, keep in mind that these heating systems don’t usually use SEER ratings to measure their supplied heat.