The cost to install a gas tankless water heater typically ranges from $1,000 to $3,500. This price includes both the unit itself and the installation costs. The unit price for a gas tankless water heater can vary between $500 and $2,000, depending on the brand, capacity, and features. Installation costs generally range from $500 to $1,500, influenced by factors such as the complexity of the installation, local labor rates, and any necessary modifications to existing plumbing or gas lines.
Additional costs may arise if your home requires upgrades to accommodate the new system. For instance, if your gas line needs to be extended or upgraded, this could add $500 to $1,000 to the total cost. Similarly, if venting is required, it might cost an additional $100 to $600. If your electrical system needs an upgrade to support the unit, this could add another $500 to $1,500.
Permits and inspections, which are often required for such installations, can add another $50 to $300 to the overall cost. It's also advisable to consider the cost of regular maintenance, which can help ensure the longevity and efficiency of the unit. Maintenance costs typically range from $75 to $200 annually.
In summary, while the initial investment for a gas tankless water heater can be significant, the long-term energy savings and continuous hot water supply can make it a worthwhile investment. Always consult with a professional to get an accurate estimate tailored to your specific situation.