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How Much Do Pellet Stoves Cost?

Typical Range: $1,023 - $3,078

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Pellet Stove Costs

The average homeowner spends $2,027 on a pellet stove. This unique heating appliance can cost anywhere between $1,023 and $3,078, but the typical price range is between $1,030 and $3,090.

While sometimes thought of as the same thing, pellet stoves, wood stoves and fireplaces are three different heating appliances. Here's the difference:

  • Pellet stoves burn clean pellet fuel but use a thermostat to control the temperature.
  • Wood stoves are freestanding appliances that burn wood.
  • Fireplaces are often more decorative than actual heating appliances.

On This Page:

  1. Pellet Stove Price Calculator
  2. Pellet Stove Prices
    1. Freestanding Wood Pellet Stove Prices
    2. Small Window-Mounted Stoves
    3. Pellet Stove Inserts
    4. Stove Capacity & BTUs
    5. Efficiency
  3. Pellet Stove Installation Costs
    1. Average Cost to Install a Freestanding Pellet Stove
    2. Pellet Stove Fireplace Insert Installation
  4. Cost of Wood Pellets for Pellet Stove
  5. DIY vs. Hiring a Pellet Stove Installer
  6. FAQs

Pellet Stove Price Calculator

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National Average
$2,027
Typical Range
$1,023 - $3,078
Low End - High End
$275 - $4,500

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Cost data is based on actual project costs as reported by 309 HomeAdvisor members in .

Pellet Stove Prices

Pellet stoves cost $2,040 on average. Prices vary based on brand and style.  

BrandPrice RangeTotal Cost With Installation
Harman$3,340 - $4,590$3,540 - $5,440
Enviro or EnviroFire$3,060 - $5,250$3,260 - $6,100
St. Croix$1,000 - $2,000$1,200 - $2,850
Lopi APG$4,030 - $4,210$4,230 - $5,060
Lennox$4,490$4,690 - $5,340
Ravelli$3,200 - $3,500$3,400 - $4,350
Tractor Supply$900 - $3,000$1,100 - $3,850

Whitfield and Avalon stoves are discontinued in production.

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Freestanding Wood Pellet Stove Prices

Freestanding stoves come in a variety of materials. Cast iron pellet stoves cost between $2,000 and $4,050 with installation. Stoves with steel panels cost several hundred dollars less than a cast-iron stove.

Small Window-Mounted Stoves

Window- or wall-mounted stoves are great for heating small spaces around 1,000 square feet or less. They average between $1,270 and $1,800, or $1,470 and $2,650 with installation.

Pellet Stove Insert Prices

Pellet stove inserts average just under $2,000. A stove insert is an appliance installed in a regular fireplace. It essentially turns your fireplace into a pellet stove. While fireplaces are inefficient, you won’t find much savings if the insert is installed incorrectly. For this reason, it’s best to hire a professional. Traditional fireplaces lose up to 80% of their energy through the chimney. With a fireplace insert you can lower that loss to about 30%. 

Stove Capacity & BTUs

Pellet stoves work best at heating single rooms, usually in addition to a home's heating system. British Thermal Units (BTUs) measure a stove’s output. Calculating how many BTUs you need to efficiently heat your room depends on the actual size of the room, the amount of window space, the insulation rating of your room, the expected outside temperatures and the desired inside temperature.

Efficiency

Pellet stoves are more efficient than fireplaces or wood stoves. EPA-certified pellet stoves are 70% to 83% efficient. Adding a pellet insert to an existing fireplace can prevent warm air from escaping. A well-sealed home saves money on energy bills.

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Pellet Stove Installation Costs

Installation costs range from $200 to $850 but could be as high as $4,000 depending on several factors.

Average Cost to Install a Freestanding Pellet Stove

Labor costs for a freestanding stove installation range from $200 to $850. This range depends on the level of vent work needed. A short horizontal vent might cost $200 to $300, but if a ceiling vent is needed or desired, the cost could increase to $600 to $800. Contact a pellet or wood stove contractor near you for an estimate.

Pellet Stove Fireplace Insert Installation

Fireplace insert installation averages $2,000. Because it uses your chimney as a vent, no additional cutting is needed, but a chimney liner will be added. Installing a chimney liner costs between $625 and $7,000.

Wood Pellet Stove Cost Factors

  • Carbon monoxide detector: $10-$30. A lifesaving safety precaution.
  • Backup power supply: $150-$600 for battery-powered backups. Ensures your stove still works in a power failure.
  • Metal ash vacuum: $50-$140. Cleans your stove’s ash pans.
  • Vent brushes: $30-$80. Cleans the stove’s vents.
  • Location: The further a pellet stove installer has to travel, the more you’ll likely pay in labor costs.

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Cost of Wood Pellets for Pellet Stove

Wood pellets cost $5 to $9 for a 40-lb bag. They can also be purchased by the ton for about $250.

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DIY vs. Hiring a Pellet Stove Installer

Buying a cheaper model and installing it yourself might seem better budget-wise, but it’s not worth it. If a pellet stove is improperly installed, it could pose a serious safety risk. An improperly installed stove can also mean the system has to work harder, lessening its longevity. Cheaper models break more often. DIY installers should prepare for DIY repairs. Certified installers have the parts and expertise to get your pellet stove back on track.

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FAQs

How much electricity does a pellet stove use?

A stove's thermostat and fans use electricity. Most stoves use 600 watts at startup, and about 14,400 watts per 24 hours.

How long does a pellet stove last?

With proper maintenance and upkeep, pellet stoves should last 15 to 20 years.

How much does a pellet stove cost per month?

Monthly stove costs depend on how much you use it. A 40-lb bag of pellet fuel lasts up to 24 hours. If you run your stove for four hours a day, you would spend $35 to $100 on fuel alone. Electricity costs vary by location. Check your energy bill for your rate.

Do pellet stoves raise insurance rates?

Pellet and other stoves are a major cause of fires, especially during the winter. Call your homeowner insurance agent before installation for an estimate on policy rate changes.

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How much does a stove igniter replacement cost?

Stove igniter replacements range from $15 to $50. Hiring an electrician costs $50 to $100 per hour. It will likely take less than an hour to complete the replacement, but most electricians charge a minimum fee.

When is the best time to buy a pellet stove?

Purchase a stove in early fall for maximum heating benefits in the winter.

How do I get the best price for a pellet stove?

Do your research on which model (and the model’s capacity) will best meet your needs. It’s better to buy a more durable (albeit expensive) model than a cheaper model that breaks frequently. Additionally, pellet stove dealers often offer coupons throughout the year to lower prices. Keep your eye out in late summer to fall for the best deals.

How much are used pellet stove prices?

You could save at least $1,000 on a used pellet stove, but is it worth the discount? That depends. A stove that’s in good quality could continue for another decade; others might break down faster. Keep in mind that for discontinued models, finding replacement parts for used stoves is challenging.

How do pellet stoves work?

Pellet stoves burn biomass (anything from sawdust and wood to food waste) for heat. By turning a thermostat to your desired temperature, pellets release accordingly into the firebox. Two fans work to maintain a steady temperature and vent exhaust outside.

Still have questions about Pellet Stoves? Ask a Specialist Near You.

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How do we get this data?

  1. Homeowners visit HomeAdvisor.com to find a top-rated pro to complete their home improvement project or repair.

  2. Once their projects are completed, the members log in to their accounts and complete a short cost survey.

  3. After compiling and organizing the data, we report it back to you.