How much does a heat pump water heater cost?

Heat Pump Water Heater typically costs $2,500-$6,000 per each. Your final price depends on project size, site conditions, and finish level.

What are the material costs for a heat pump water heater?

Material costs for heat pump water heater usually run $1,125-$2,700 per each. Product grade and finish selection drive most of that spread.

How much does labor cost for heat pump water heater installation?

Labor for heat pump water heater usually runs $875-$2,100 per each. Access, prep work, and installation complexity drive the labor range.

What's included in the supplies and other costs for a heat pump water heater?

Additional costs for heat pump water heater usually come from supplies at $300-$720 per each; equipment at $200-$480 per each. These items vary with prep, cleanup, and site conditions.

How much does it cost to dispose of an old water heater?

Heat Pump Water Heater typically costs $2,500-$6,000 per each. Your final price depends on project size, site conditions, and finish level.

How Much Does Heat Pump Water Heater Cost in Albuquerque, New Mexico?

Discover Efficiency: Experience the Advantages of a Heat Pump Water Heater for Your Home in 2026

Heat Pump Water Heater in Albuquerque, New Mexico typically costs $2,325 to $5,580 per each as of 2026. Prices reflect local labor and material rates. Use our calculator below for a detailed, ZIP-code-adjusted estimate.

Heat Pump Water Heater in Albuquerque, New Mexico

$2,325 – $5,580

per each

Prices in Albuquerque are 7.0% lower than the national average for heat pump water heater.

National average: $2,500 – $6,000 per each

Cost Breakdown in Albuquerque

Component	Category	Price Range	Unit
Materials	material	$1,013 – $2,430	each
Labor	labor	$831 – $1,995	each
Supplies & Other	supplies	$270 – $648	each
Equipment & Disposal	equipment	$180 – $432	each