RemodelRates.com
← Change project
HOME IMPROVEMENT COST REFERENCE

Water Heater Installation Or Replacement 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
Solar water heater cost $1,500 – $6,600 cost after tax credits and rebates
Solar water heater cost $3,000 – $9,000 cost before tax credit and rebates
50-gallon water heater cost $700 – $1,800 total cost (electric)
40-gallon water heater cost $600 – $1,600 40-gallon electric water heater installation
Labor cost to install water heater $600 – $3,100 total installation cost (tank + labor)
Labor cost to install water heater $1,400 – $5,600 total installation cost (tankless unit + labor)
Water heater installation cost — Standard 40–50 gallon tank $600 – $3,100 tank and installation
Water heater installation cost — 40-gallon tank $600 – $3,000 total installed
Water heater installation cost — 50-gallon tank $700 – $3,100 total installed
Water heater installation cost — Hybrid heat pump water heater $2,000 – $4,600 total 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
Labor cost to install water heater $200 – $1,000 labor cost to replace water heater tank
Labor cost to install water heater $800 – $3,000 labor cost to install tankless water heater
Water heater installation cost — Standard tank installation $200 – $1,000 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

Purchase-only prices below are not complete installed totals. Confirm quantities, delivery and product specifications. Do not add these to totals already including materials.

Project or reference Published benchmark Basis and scope
Water heater installation cost — Standard 40–50 gallon tank $400 – $2,100 unit only
Water heater installation cost — 40-gallon tank $400 – $2,000 unit only
Water heater installation cost — 50-gallon tank $500 – $2,100 unit only
Water heater installation cost — Hybrid heat pump tank $1,500 – $3,000 unit only

Install RemodelRates

Add RemodelRates to your home screen for quick access.

iPhone / iPad

Open RemodelRates in Safari, tap Share, then choose Add to Home Screen.

Android / desktop

Open your browser menu and choose Install app or Add to Home Screen, when available.

An internet connection is needed to view current guides and send requests.