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Water Heaters — Costs, Options & Repair

Water heating is the second-largest energy expense in most US homes, and the decisions cluster fast when a tank fails: repair or replace, tank or tankless, gas or electric, standard or heat pump. This hub connects every guide and tool we publish on the topic.

If you're starting from a failed heater: check age first (the serial number encodes it). Under 6 years, repair usually wins. Past 10, replacement almost always does — and that's the moment to consider tankless or heat-pump options, because changing type costs least when you're replacing anyway.

Cost guides

GuideTypicalRange
How Much Does Water Heater Replacement Cost?$1,700$1,000$3,300
How Much Does a Tankless Water Heater Cost?$3,600$1,400$5,900
How Much Does a Heat Pump Water Heater Cost?$3,300$2,000$5,200
How Much Does Water Heater Repair Cost?$400$150$950
How Much Does Water Softener Installation Cost?$2,000$1,000$3,800

Calculators

Key decisions

Tank, tankless, or heat pump?

Tank: cheapest install, 8–12 year life. Tankless: 2–3× install cost, endless hot water, 20+ years — strongest with gas and soft water. Heat pump: the efficiency champion on electric, 3–6 year payback vs a resistance tank, needs space and a drain. Fuel, space, and household demand decide; the guides above run the numbers for each.

Do I need a permit to replace a water heater?

In most US jurisdictions yes — plumbing, and often gas/mechanical for gas units. Reputable installers pull it and fold the fee into the quote. It exists for real safety reasons: T&P discharge, venting, and strapping.

What kills water heaters early?

Sediment (flush annually in hard-water areas), a consumed anode rod (check at year 4–6), and pressure problems. A $50 anode and a $0 flush are the cheapest years of extra life you can buy — and a water softener upstream helps everything downstream.

Every figure above is an editorial estimate with published assumptions — see how we estimate costs.