If you re not sure whether to repair or replace a water heater a good rule of thumb is to never spend more than half the cost of replacement on a repair.
Average cost to install a new gas water heater.
Basic tank water heater permits installation materials installation labor by a local licensed and insured plumber removal of the old unit.
According to bob vila the price for a plumber to replace a gas water heater is between 400 and 550 but if this is the first installation of a gas water heater in the home the total for an installation could go as high as 1 500 2 300.
An average water heater tank lasts about 10 years.
Electric water heater cost.
New water heater tank and installation costs.
According to our hot water heater installation price guide the cost to replace a hot water heater is 850.
On average installing a water heater costs 600 1 500 with the average customer paying 1 000 to install a whole house 50 gallon tank water heater for a 4 5 person household.
The 40 50 gallon water heater with a tank is about 350 3 000.
Therefore if your repair bid comes in above 425 and your hot water heater is more than seven years old you may want to consider replacement versus repair.
Gas or electric the cost of water heated by electric is 100 per year more than gas.
Although a more affordable option tank heaters are less energy efficient since they constantly run to maintain the desired tank temperature.
1 500 nationwide costs generally fall within the range of 1 300 to 2 000.
While the gas heater is 250 1 200.