The best way to budget for a new tankless water heater is to compare quotes from local contractors.
Cost of having a tankless water heater installed.
Gas tankless water heaters usually produce higher flow rates than electric models.
Tankless water heats are more expensive primarily due to higher installation costs.
For additional details on the cost of having a tankless water heater installed visit our cost guide.
The average cost for installing a tankless water heater is around 2 500 4 500 with the average customer paying 2 808 for a gas whole house unit.
A tankless water heater costs about 2 111 to install or between 1 085 and 3 145 but labor rates vary.
Often times special wiring needs to be installed in order to handle the increased load and or a new vent pipe needs to be installed.
Nationwide costs generally fall within the range of 1 200 to 5 000.
But these devices don t come cheap.
A tankless water heater is one way to ensure that you never again experience any unexpected cold showers.
Beyond the initial cost the national average for the installation of a tankless unit is slightly over 1 700.
New tankless water heater and installation costs.
Tankless water heater installation cost tankless water heaters typically cost between 1 500 and 2 000 to install and most homeowners report paying between 1 700 and 1 800 to install a unit.
Typically tankless water heaters provide hot water at a rate of 2 to 5 gallons 7 6 to 15 2 liters per minute.
An electric tankless unit will cost about 500 to 700 roughly the same as a traditional tank model while the cost of a gas tankless heater runs about 1 000 to 1 200.
The average cost of a tankless water heater including installation is 3 000.
Tankless model prices vary by brand type and flow rate.
Tankless water heater cost the average cost of a tankless water heater ranges between 1 470 and 2 510 installed with most homeowners spending around 1 950.
The average cost for a tankless water heater installation is 1 985 or between 1 470 2 510.
Tankless water heaters generally require a higher initial investment but they are less costly to operate and provide additional benefits like endless hot water.
If your home needs to be rewired it can easily add 3 000 or more to the cost of installing a tankless water heater.