Equipment-only, a standard 40- to 50-gallon gas or electric water heater costs $700 to $1,800 depending on brand and efficiency. Tankless water heaters typically run $1,200 to $3,200 for the unit alone. Heat-pump water heaters run $1,500 to $3,500. Installation labor, permits, and code upgrades are additional.
Equipment price ranges
- Standard tank (40–50 gal) — $700–$1,800
- Tankless gas — $1,200–$3,200
- Hybrid heat-pump — $1,500–$3,500
- Commercial-sized units — $2,500 and up
We quote total installed cost — equipment, labor, permit, and code work — so there are no surprises. Get a free in-home estimate via water heater services, compare tankless options, and ask about financing.
