Heat pump cost
Plan your heat pump project with a clear scope and an itemized proposal. This guide separates the published benchmarks for this topic from product-only prices.
Price basis: Benchmarks reviewed October 24, 2026. They apply to the scope and market stated below. National and other-city figures are planning references, not verified Portland Metro quotes.
Installation and project costs
Compare each alternative separately. Installation is included only where the stated scope includes it; overlapping totals should not be added.
| Project or reference | Published benchmark | Basis and scope |
|---|---|---|
| Heat pump cost — Air-source heat pump | $10,000 – $25,000+ | installed, including air handler |
| Heat pump cost — Geothermal heat pump | $20,000 – $50,000+ | installed; excavation and system scope vary |
| Heat pump cost — Ductless heat pump | $2,000 – $17,000+ | installed; zone count varies |
Labor cost
These are professional-time or labor-only figures. Check whether materials, permits, disposal and finish repairs are included in your quote.
| Project or reference | Published benchmark | Basis and scope |
|---|---|---|
| Heat pump cost — Heat pump installer | $80 – $200+ | per hour, labor only |
Define the scope before requesting bids
- Describe the existing condition, the desired result and the exact location of the work.
- Provide measurements, quantities and photos so bidders can price the same scope.
- Ask for separate allowances for preparation, removal, installation and finish repairs where they apply.
- Confirm products, permits, site access, disposal, schedule and exclusions in writing.
Compare the proposals
Match the units and inclusions shown in the price tables. Product-only, labor-only and complete-project figures cover different work. For a Portland Metro proposal, have a local professional confirm the property conditions and the current price.
Material cost
These are purchase-only allowances. Confirm product specifications, quantities and delivery. Do not add them to a project total that already includes materials.
| Product or reference | Published benchmark | Basis and scope |
|---|---|---|
| Heat pump cost — 14–15 SEER2 / 7.5 HSPF2 | $3,000 – $5,000 | heat pump unit only |
| Heat pump cost — 16–17 SEER2 / 8–9 HSPF2 | $4,000 – $6,500 | heat pump unit only |
| Heat pump cost — 20+ SEER2 / 10+ HSPF2 | $7,000 – $12,000 | heat pump unit only |