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Oil, Fuel, & Water Tank Services costs

Compare the project, repair and planning references below before choosing the work for your property. Confirm measurements, existing conditions and the services included in each proposal.

Cost scope: Benchmarks were reviewed October 24, 2026. Figures apply to the scope and market named by each reference. City/state examples outside Portland Metro are not Portland quotes. Labor, equipment, recurring expenses and complete projects are different budgets.

Installation and project costs

Compare alternatives separately. A range includes installation only when its scope says so. Do not add overlapping totals together.

Project or reference Published benchmark Basis and scope
Propane tank cost $600 – $2,500 cost
Propane tank installation cost $300 – $3,000 above-ground cost (tank + installation)
Propane tank installation cost $1,500 – $5,000 below-ground cost (tank + installation)
Oil tank replacement cost $1,200 – $3,300 basement oil tank replacement cost
Oil tank replacement cost $1,200 – $3,200 above-ground oil tank replacement cost
Oil tank replacement cost $1,600 – $4,600 underground oil tank replacement cost
Water tank replacement cost $600 – $5,000 total cost
Water tank replacement cost $600 – $2,500 tank-style water heater installed
Water tank replacement cost $1,400 – $3,900 tankless water heater installed

Labor cost

Labor or hourly figures are separate from equipment purchases. Do not add them to a total that already includes labor.

Project or reference Published benchmark Basis and scope
Propane tank installation cost $250 – $1,000 above-ground cost (labor only)
Propane tank installation cost $1,000 – $2,500 below-ground cost (labor only)

Related RemodelRates cost guides

Explore the related RemodelRates guides for project benchmarks and planning details.

Before requesting bids

Share measurements, photos, location, existing conditions and the desired result. Ask for a written scope covering preparation, permits, removal, material specifications, installation, disposal and finish repairs where relevant. Compare bids using the same quantities and exclusions.


Material cost

No separate material-only purchase range was verified for this collection. Ask for an itemized allowance with quantities, product specifications and delivery; do not infer it by subtracting unrelated ranges.

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