Wood Burning Stove vs Central Heating: Which Is Cheaper?

Even if you have central heating, consider the merits of wood burning stoves, as energy costs rise.

A personal library in a private residence
(Image credit: Getty Images)

With winter well underway and inflationary pressures still high, you might be wondering: which is a cheaper way to heat your home — a wood burning stove or central heating? 

Heating prices are expected to remain relatively flat or decrease for many this winter, according to a U.S. Energy Information Administration (EIA) forecast. However, it’s still important in these high inflationary times to keep the cost of energy as low as possible. According to the EIA, U.S. households that heat with natural gas, or those that are located in the West, are expected to pay less on heating bills than last year. Around 60% of U.S. homes use natural gas.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Ben Demers
Audience Engagement Manager, Kiplinger.com

Ben Demers manages digital content and engagement at Kiplinger, informing readers through a range of personal finance articles, e-newsletters, social media, syndicated content, and videos. He is passionate about helping people lead their best lives through sound financial behavior, particularly saving money at home and avoiding scams and identity theft. Ben graduated with an M.P.S. from Georgetown University and a B.A. from Vassar College. He joined Kiplinger in May 2017.

With contributions from