Basic
$880 – $2,738 each
Electric tankless unit sized to the fixtures it serves, basic temperature dial, shutoff valves and connectors
How Much Does Electric Tankless Water Heater Cost in Chicago, Illinois?
Electric Tankless Water Heater: national installed price range, materials and labor breakdown, and local pricing by ZIP code.
Electric Tankless Water Heater in Chicago, Illinois typically costs $1,035 to $3,221 each as of 2026. Prices reflect local labor and material rates. Use our calculator below for a detailed, ZIP-code-adjusted estimate.
Electric Tankless Water Heater in Chicago, Illinois
$1,035 – $3,221
eachPrices in Chicago are 19.0% higher than the national average for electric tankless water heater.
National average: $900 – $2,800 each
What you get at each price level
Standard
$1,035 – $3,221 each
Multi-element electric tankless unit sized to the fixtures it serves, digital temperature display, isolation valve kit
Premium
$1,294 – $4,027 each
Electric tankless unit sized to the fixtures it serves, self-modulating elements, digital display, isolation valve kit, inline sediment filter
Cost Breakdown in Chicago
| Component | Category | Price Range | Unit |
|---|---|---|---|
| Materials | material | $433 – $1,348 | each |
| Labor | labor | $410 – $1,274 | each |
| Supplies & Other | supplies | $116 – $360 | each |
| Equipment & Disposal | equipment | $77 – $240 | each |
Prices adjusted for Chicago local market conditions.
Electric Tankless Water Heater photo examples
Small white electric flow water heater mounted on a tiled wall with supply pipes
Photo: Faibel · Public domain · Source
Find a pro to do thisWall-mounted electric instant water heater beside a shower hose
Photo: Immanuel Giel · Public domain · Source
Find a pro to do thisElectric continuous-flow water heater with the cover off showing heating element
Photo: User:Mattes · Public domain · Source
Find a pro to do this
Cost Factors in Chicago, Illinois
What Affects Pricing
- Materials ($405.00-$1,260.00 per unit)
- Labor ($315.00-$980.00 per unit)
- Supplies & Other ($108.00-$336.00 per unit)
- Equipment & Disposal ($72.00-$224.00 per unit)
Local Price Adjustments
Material costs7.0% above avg
Labor costs30.0% above avg
Labor costs in Chicago run proportionally higher than materials, which may favor material-heavy solutions.
Frequently Asked Questions
References
- How Much Does Tankless Water Heater Installation Cost?, This Old House, retrieved Nov 2026
- Construction wages by metro and rural area, used for the labor adjustment by ZIP code, U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025
- Regional price parities for goods, used for the materials adjustment by ZIP code, U.S. Bureau of Economic Analysis, 2024
Get Free Estimates in Chicago
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