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HVAC & heating

How much does tankless water heater cost?

A tankless (on-demand) heater saves space and never runs out of hot water, but costs more up front — especially if gas lines or venting need upgrading.

Typical range$1,000 – $4,500
Most common$2,300
Pricedinstalled
DIY-friendly?No — best left to a licensed pro

What changes the price of tankless water heater

  • Gas vs. electric
  • Gas line and venting upgrades
  • Whole-home vs. point-of-use
  • Converting from an existing tank

Estimate your cost

Adjust the quality and scope, or compare with other projects.

Quality & scope
Estimated cost · installed
$1,000$4,500
Typical
$2,300
Low $1,000Typical $2,300High $4,500

Full typical range for this project. Adjust the quality/scope for a tighter estimate. The only way to know your real price is to get quotes from local contractors.

What changes the price
  • Gas vs. electric
  • Gas line and venting upgrades
  • Whole-home vs. point-of-use
  • Converting from an existing tank

National ballpark ranges for the US. Not a quote — actual prices vary by region, home and contractor.

Tankless water heater cost — frequently asked questions

How much does it cost to install a tankless water heater?

A tankless water heater runs about $1,000–$4,500 installed, around $2,300 typical. Gas models needing new venting or a bigger gas line cost the most.

Related project costs

This is general US cost information, not a quote. Actual prices depend on your region, home, materials and contractor — always get quotes from licensed local pros before you commit.