How much are water heaters?

The price of water heaters vary depending on the type of water heater, capacity and fuel source. The two basic types include storage tank or tankless, and a gas storage tank water heater costs between $230 and $2,000. An electric storage tank costs between $400 and $3,000 for complete installation.

The price of a water heater also depends on capacity and length of warranty. Water heaters are typically available in 40 gallons or 50 gallons, and the 50-gallon units are more expensive. The length of the warranty on a water heater is generally between five to 12 years. Including parts and labor, installing a traditional gas water heater can cost between $300 and $3,500.

Solar water heaters are another option that can help satisfy hot water needs. These units are best suited as a supplement to an established water heating system, costing between $1,000 and $5,000, with installation figured into the purchase price.

A central gas tankless water heater costs between $800 and $3,000 without installation. A gas water heater used to be considered a more affordable option over other types of water heatersl however, the increase in the price of gas has brought the operation costs closer to the other types.