Did you know that water heating accounts for 20% of your home’s energy usage?

There are many variables that go into your home water heater cost. Many of these factors will also change depending on your tank style and whether or not you are buying for the first time or looking for a replacement. There are different types of water heaters, each of which serves a special need for specific types of homeowners.

Are you interested in finding home water heater prices for a replacement? Are you planning on replacing a water heater and want to know what it will cost?

In this article, we will walk you through everything you need to know about water heaters for homes and how to budget for a replacement.

How Much Does a Water Heater Replacement Cost?

A water heater is an important piece of home equipment that is needed for bathing, cleaning, and cooking. When it stops working right, and it’s time to replace it, the average cost to replace a water heater can range from $800-$1500, with the national average being around $1200.

This depends on the size and type of water heater. The different kinds of water heaters are the ones with tanks, the ones without tanks, the hybrid or high-efficiency ones, and the ones that use the sun.

The cost of labor to replace a standard water heater is usually between $150 and $800. Most plumbers will give you a flat rate. A plumber can cost between $45 and $200 an hour to hire, and an electrician can cost between $50 and $100 an hour.

Which Water Heaters Are the Cheapest to Put in?

A standard tank-style water heater would be the least expensive to put in. The average cost of this type of water heater, including materials and labor, is between $700 and $2,000. Water heaters without tanks are usually 2 to 3 times more expensive than water heaters with tanks.

How Long Will My Heater Last?

A water heater with a tank should last between 8 and 15 years, and one without a tank should last at least 20 years.

Can I Do This Myself?

When installing a water heater, it is best to hire a professional. Professional installation of a water heater will make sure it is done right and meets building codes.

Due to the amount of work and knowledge that is needed, it will keep you from getting hurt if you work on gas lines or electrical wiring.

Home Water Heater Cost

At the end of the day, your home water heater cost will depend on what tank style you have and how much you are willing to spend. A typical tank should last between 8 and 15 years, so you will need to do this often. It’s always best to consult a professional for installation to ensure the job is done correctly.

Feel free to continue browsing this section for more tips to keep your home up to date.