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Running a gas fireplace costs approximately $0.35 per hour for natural gas and $0.62 per hour for propane, though these figures can vary significantly based on fuel prices in your area. On average, the annual cost to run a gas fireplace is between $400 and $640. The exact impact on your utility bill depends on several factors, including how often you use it, the size of the room you're heating, and the fireplace's BTU rating. Some models with a constantly running pilot light will consume a minimal amount of energy even when off, although many modern fireplaces do not require one. If you are looking for a more energy-efficient option, consider an electric fireplace.

The cost to clean and inspect an oil-fired chimney generally ranges from $150 to $500. The price is influenced by factors such as the chimney's height, the level of soot buildup, local labor costs, and whether any additional repairs or liner replacements are required.

There are fire codes for a fireplace mantel made of wood or other combustible material. The mantel must be mounted at least six inches away from the fireplace opening on all sides with a non-combustible material—like stone or brick—installed between the mantel and fireplace. Building codes and regulations will vary based on your location, so before beginning the project, research the requirements in your area.

Some people don’t like the look of gas fireplaces since they don’t offer the classic charm or appeal of a wood-burning fire. Plus, gas fireplace installation is more expensive than other types of fireplace installations due to the added complexity of working with gas lines. There’s also a chance that gas could get into your home, which is a major health and safety risk.