This estimate includes the following components.
Average cost to install a new gas water heater.
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.
1 500 nationwide costs generally fall within the range of 1 300 to 2 000.
Plus a gas heater costs less initially.
The 40 50 gallon water heater with a tank is about 350 3 000.
Electric water heater cost.
Although a more affordable option tank heaters are less energy efficient since they constantly run to maintain the desired tank temperature.
Gas or electric the cost of water heated by electric is 100 per year more than gas.
According to our hot water heater installation price guide the cost to replace a hot water heater is 850.
New water heater tank and installation costs.
Established as the conventional water heater that s easy to install storage tank heaters are less expensive than tankless systems running between 820 1 290.
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.
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.
While the gas heater is 250 1 200.