Water Heater Cost Calculator
Compare water heater types (gas, electric, tankless, heat pump) by purchase price and 10-year operating cost.
Recommended Tank Size
40-50 gallons
Current Annual Cost
$400.00
Best 10-Year Value
Heat Pump
Current System
| Type | Gas Tank |
| Purchase Cost | $1,000.00 - $2,000.00 |
| Annual Operating Cost | $400.00 |
| Expected Lifespan | 12 years |
10-Year Cost Comparison
| Gas Tank (current) | $5,500.00 |
| Electric Tank | $6,250.00 |
| Tankless Gas | $6,000.00 |
| Tankless Electric | $6,250.00 |
| Heat Pump | $5,000.00 |
Annual Savings vs Current
| Electric Tank | No savings |
| Tankless Gas | $1,000.00 over 10 years |
| Tankless Electric | No savings |
| Heat Pump | $2,000.00 over 10 years |
Use the Water Heater Cost Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.
Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.
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