Wood burning stoves are a popular choice for efficient heating and adding a cozy atmosphere to homes. If you’re considering purchasing and installing one, it’s essential to understand the costs involved. In this guide, we’ll provide a clear and concise breakdown of the expenses associated with buying and installing a wood burning stove.
1. Cost of the Wood Stove
The first and most significant expense is the cost of the wood stove itself. Prices can vary widely based on factors like size, style, and brand. Generally, you can expect to pay anywhere from $800 to $3,500 for the stove alone. Here’s a basic breakdown:
- Small, basic stoves: $800 to $1,500
- Mid-sized stoves with additional features: $1,500 to $2,500
- High-end or large capacity stoves: $2,500 to $3,500
2. Installation Costs
The installation of a wood burning stove is a specialized job that typically requires a professional. The installation costs include:
Labor Costs: Installation labor costs can range from $500 to $1,500, depending on the complexity of the installation.
Chimney Installation: If you don’t have an existing chimney, you’ll need to install one. This can add $1,000 to $3,000 or more to your total costs.
Chimney Liner: A stainless steel chimney liner is often necessary and can cost between $500 and $2,000.
Hearth or Floor Protection: You’ll need a non-combustible hearth or floor protection, which can cost between $200 and $500.
3. Additional Costs
There are some other expenses to consider:
Permits: Depending on your local regulations, you may need permits, which can add a few hundred dollars to your costs.
Stove Accessories: Accessories like stovepipes, venting, and hearth pads can cost around $200 to $500.
4. Ongoing Costs
Once your wood burning stove is installed, there are ongoing costs to keep in mind:
Wood Fuel: The cost of wood can vary greatly depending on your location and the type of wood you use. On average, you might spend $150 to $300 per cord of wood, which can provide a month’s worth of heating.
Chimney Cleaning: An annual chimney inspection and cleaning can cost around $150 to $300.
5. Energy Savings
It’s worth noting that while the initial investment and ongoing costs can add up, wood burning stoves can lead to substantial energy savings in the long run. By heating specific areas of your home more efficiently, you can reduce your reliance on central heating, potentially saving hundreds of dollars on your heating bills each year.
In conclusion, the cost to buy and install a wood burning stove can vary significantly depending on factors like the stove’s size, style, installation complexity, and local regulations. On average, you can expect to spend between $2,000 and $5,000 for a complete installation. While the initial expense might seem high, the long-term energy savings and the cozy warmth provided by a wood stove make it a worthwhile investment for many homeowners.