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If you spot a drip, plan to replace the water heater right away. Don't wait until the leak gets bad. Most residential water heaters cost $150 to $400 for either gas or electric, plus $200 to $450 if you have a plumber install it.More expensive gas water heaters with special venting systems also are available.But they're more difficult to install, and we won't deal with them here.on't wait until the leak gets bad. Most residential water heaters cost $150 to $400 for either gas or electric, plus $200 to $450 if you have a plumber install it. More expensive gas water heaters with special venting systems also are available. But they're more difficult to install, and we won't deal with them here.
1 Average cost to install a gas hot water heater? 2  Cost of a 40gal gas water heater installation? 3  Which is more expensive-a gas water heater or an electric water heater? 4  what should i do if plumber recently gave written est. on 40 gal. gas water heater but installed a 38 gal. instead.