【How-to】What does it mean when my furnace light blinks 3 times

Here’s the bottom line: Whether for a natural gas furnace, oil, or a propane furnace, replacing a furnace ignitor–including parts and labor–will cost you around $300 – $425 for a qualified contractor to install. Compare that to, say, a draft inducer motor, which will cost $400 – $1,500 to replace.