The 40 50 gallon water heater with a tank is about 350 3 000.
Average price to replace gas hot water heater.
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Gas or electric the cost of water heated by electric is 100 per year more than gas.
Basic tank water heater.
For a basic project in zip code 47474 with 1 heater the cost to replace a hot water heater starts at 1 174 1 362 per heater.
This estimate includes the following components.
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.
The national average cost to replace a hot water heater is 611 96 per heater with a range between 576 18 to 647 75.
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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.
Plus a gas heater costs less initially.
According to our hot water heater installation price guide the cost to replace a hot water heater is 850.
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.
An average water heater tank lasts about 10 years.
Electric water heater cost.
These units are a lower upfront investment than tankless water heaters but operation and maintenance costs are typically higher.
The total price for labor and materials per heater is 1 260 43 coming in between 1 164 30 to 1 356 55.
Average cost per heater.
A typical 1 heater project costs 1 260.