Create your own price list in homewyse lists for a basic project in zip code 47474 with 1 heater the cost to install a tankless gas water heater starts at 2 465 2 893 per heater.
Gas tankless water heater cost with installation.
The average purchase price for an electric tankless heater is 500 700.
A tankless water heater that is purchased brand new will cost up to 2 000 and a whole house water heater tank costs anywhere from 600 800.
If you want a top of the range heater there s no need to pay more than 700.
A tankless water heater costs about 2 111 to install or between 1 085 and 3 145 but labor rates vary.
Actual costs will depend on job size conditions and options.
The best way to budget for a new tankless water heater is to compare quotes from local contractors.
The cost to install the actual tankless electric water heater is about the same as a traditional water heater at 90 450 with a gas installation costing about 1 700 including adding the gas line.
For the same quality as a gas tankless heater costing 1 000 you can pay just 500 for an electric tankless heater.
Tankless water heaters generally require a higher initial investment but they are less costly to operate and provide additional benefits like endless hot water.
While these units will similarly fuel your system the main differences occur in operating cost.
Tankless model prices vary by brand type and flow rate.
The low end tankless model costs about 430 minus installation while the average purchased model costs around 1 200 tankless hot water system pricing and installation cost checklist.
To estimate costs for your project.
The cost to add the gas line is somewhat expensive at 500.
Gas tankless water heater costs on average natural gas and propane models have an installation cost of around 1 000 to 1 500.
Ask your local pro whether your tankless system qualifies for a tax refund.