Storage tank
Includes the heater and installation. Your price depends on the model, how easy the heater is to reach and any changes your home needs.
Home / replacement costs
REPLACEMENT COSTS
What a water heater
costs to replace.
Typical prices for each type of water heater, and how to compare quotes fairly. Before you compare two quotes, check they’re for the same heater and the same work.
Heat-pump tank
Includes the heater and installation. Your price depends on the model, how easy the heater is to reach and any changes your home needs.
Tankless
Includes the heater and installation. Your price depends on the model, how easy the heater is to reach and any changes your home needs.
AI equipment illustrations; models vary and images are not to scale. One national installer’s published ranges. The source cites its sales data but publishes no sample size or period. Not local averages, guaranteed quotes or price ceilings. Checked September 28, 2026. Advertised scope includes equipment, labor/materials, permits and removal; conversions and additional work can cost more.
CHECK YOUR QUOTE
Compare your quote
to typical prices.
Enter your quote to see how it compares with the typical range. This tool can’t see your home, so it can’t tell you whether a price is fair.
For homes only. These ranges may not fit commercial jobs, moving the heater to a new spot, or new gas lines, wiring or venting.
Ask for an itemized quote.
How to compare two quotes →The heater
The exact model, fuel type, size, vent type, parts and warranty.
Installation
Labor, hard-to-reach spots, removing the old heater, permits, inspection and any required gas, electrical or code work.
Final total
Taxes, what’s not included, financing costs and rebates, each listed separately.
What makes an installation cost more →
Don’t assume the old federal heat pump tax credit will lower the cost of a 2026 installation. Check the IRS dates ↗.