The overall cost of the fireplace depends on many different components. The price of a fireplace can range from $1000 to $10,000 or more, depending on the model that suits your preferences.
For the gas, gel, electric, and ethanol fireplace it can cost you around $500 to about $2500. For an affordable option, you have the wall-mounted and free-standing units to choose from. The built-in inserts are slightly on the expensive side. You’ll have to pay the most for wood-burning fireplaces, especially for the ones that you’re building from the ground up.
If you’re getting a wood-burning fireplace which requires regular professional inspection, you have to consider those costs in your budget. These inspections can cost you from $100 to $250.
You’ll be paying more than $10,000 for a basic model of a wood-burning fireplace, apart from the additional costs such as- construction, remodeling, and installation. It’s also essential that you consider the cost of installation for gas, electric, ethanol, and gel models. A few units you can install on your own, for the others you’ll need professional help which increases your budget.
However, even your gas fireplaces will require a yearly professional inspection, which can range from $100-$250.