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I replaced my 40 gallon gas water heater in March 2010 for a total of $850. $650 for a brand new 40 gal. residential gas water heater and $200 to install it. If you're replacing a tank for $2500 there must be something extraordinary about it.
How much does it cost to install a water heater? A water heater is an important aspect of a home that lasts 10-15 years, not only for the comfort and amenities, but also because it is a major source for energy use. There are many options available when choosing a water heater, and every aspect affects the price. On average, a whole-house tank water heater for a 1,500 square foot home for 3-4 people costs $600-$800. Below, weâll consider some of the options for a water heater, the pros and cons, and how it affects the price.