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A 40-pound bag of wood pellets can provide a solid 24 hours or so of burn time, though the exact length may vary. If you’re using your pellet stove as an exclusive heat source during the winter, you’ll need an estimated 100 to 150 of those 40-pound bags, depending on how hot you like to keep your home, its size, the climate, and other factors.

A chimney cap costs about $300 on average to install, with prices ranging from $75 to $1,000. The final cost depends on several factors, including the professional you hire, the accessibility of your chimney, the cap's material and size, whether any repairs are needed, and if it requires custom fabrication. Chimney caps are usually made from galvanized steel, stainless steel, or copper. Copper caps are the most expensive, followed by stainless steel and then galvanized steel. Excluding labor, average material costs are around $100 for galvanized steel, $250 for stainless steel, and $600 for copper. You may also face additional costs, such as hiring a chimney sweep to clean the chimney before the cap is installed.

Fireplace inserts have several potential disadvantages. The cost of the insert and its installation can be a significant investment, as the process can be complicated and expensive, particularly if modifications to the existing fireplace are necessary. Aesthetically, some people find that inserts lack the traditional look and authentic ambiance of an open, crackling fire. There are also ongoing costs for maintenance, cleaning, and fuel. Fuel type can be a limitation; for example, an insert may be unusable if you don't have access to its specific fuel source. Maintenance and repairs can also require specialized services, especially for gas or electric models. Finally, while an insert is more efficient than an open fireplace, it may not heat a home as evenly as a central HVAC system.

The easiest fireplace to build is an electric fireplace. These aren’t true fireplaces but can mimic the look of a traditional fireplace. True fireplaces, made of brick and stone, are complex and require professional installation; adding them to an existing home is demanding and expensive. You could spend $30,000 to have a real fireplace installed.