Typical Costs for Electric Tankless Water Heaters

• Low-End Estimate: $450
  
  
• High-End Estimate: $700

Typical Costs for Gas Tankless Water Heaters

• Low-End Estimate: $650
  
  
• High-End Estimate: $1,500

Typical Costs for Point-of-Use Tankless Water Heaters

• Low-End Estimate: $175
  
  
• High-End Estimate: $650
  
  Point-of-use tankless water heaters are great for outdoor sinks, showers, and more.

Cost to Install a Tankless Water Heater

• Low-End Estimate: $1,500
  
  
• High-End Estimate: $3,000 or more.
  
  Cost will vary depending on the contractor and type of system you're installing. Contact a local, licensed plumber for an estimate.

Additional Costs for Installing a Tankless Water Heater

• A 200 AMP electrical outlet may be needed for an electric tankless water heater to work in your home. This will add to the total cost of installation.
  
  
• If you're installing a tankless water heater in a new home, the appropriate pipes and ventilation can be installed prior to or during the time that your tankless water heater is being installed. If your tankless water heater needs to be retrofitted into a home that originally had a tank water heater, the installation effort is greater, and therefore, the cost will be higher.

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