Use the calculator below to compare the costs associated with installing or replacing a residential hot water heater. You can choose between a tank (electric, gas, or hybrid heat pump) or tankless (LP, propane, or electric) system. You can also get estimated ROI values for costs related to the efficiency of the system and even see a 10-year cost estimate based on your local kWh electricity rates.
Disclaimer: Pro Tool Reviews is providing these calculators “as-is” and is not responsible for over- or under-estimating or incorrect costs, calculations, or values. Please verify your estimates on your own or through your service or material provider before starting any job.