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  1. Note that water heater costs have risen quickly in the last few years, and rates also vary widely by region. We’ll go over the various cost factors in more detail below. Water Heater Cost by Size. Below is a breakdown of the national average water heater cost by tank size. 40-gallon: $600–$1,519; 50-gallon: $800– $2,000; 75-gallon: $1,91 ...

  2. Jan 19, 2024 · The most common-sized tank water heaters are the 40 and 50-gallon tanks: A 40-gallon water heater costs $600 to $3,000 with installation for homes with 1 to 2 people with low water usage. A 50-gallon water heater costs $700 to $3,100 with installation for homes with larger families of 3 to 4 people with moderate water usage.

  3. Replacement Water Heater Costs by Size. Replacement hot water heaters cost $550 to $3,500 or more, including the unit and labor. Light-duty commercial types add $1,000 or more to the overall price but stand up to more constant use. Most replacement electric and gas water heater units cost $550 to $1,500.

  4. Apr 22, 2024 · Highlights. The typical cost to replace a water heater runs from $874 to $1,765, with a national average of $1,293. Cost factors for water heater replacement include the water heater type, size ...

  5. 4 days ago · Our water heater replacement cost estimate page is designed for two primary types of water heaters: tank and tankless. Tank Water Heaters Costing an average of $980 to $2,300 installed , the most common and widely used type, conventional tank water heaters store and heat water in a large tank, ensuring a ready supply of hot water as it is needed.

  6. 5 days ago · Our water heater installation pricing consists of four components: 1) Cost of Product Unless you buy a new water heater in advance and ask us to install it separately, any in-home consultation that includes a replacement water heater install will have the product’s cost included.

  7. Feb 26, 2024 · Labor costs for water heater replacement range from $50 to $150 per hour. “Labor accounts for 50 percent of the budget,” Margagliano says. The labor costs vary based on the scope of work, the time needed to complete the job, where you live, and the installer’s experience level. Experienced contractors tend to charge more.

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