Basic
$813 – $2,033 each
50-gallon standard electric tank in the 6-year class, new supply connectors and T&P discharge pipe, old tank hauled away
Photo: Steven Pavlov · CC BY-SA 4.0 · Source
How Much Does Electric Hot Water Heater Cost in Colorado Springs, Colorado?
Replace a 40-50 gallon electric tank water heater, including unit, labor, connections and haul-away of the old tank.
Electric Hot Water Heater in Colorado Springs, Colorado typically costs $957 to $2,391 each as of 2026. Prices reflect local labor and material rates. Use our calculator below for a detailed, ZIP-code-adjusted estimate.
Electric Hot Water Heater in Colorado Springs, Colorado
$957 – $2,391
eachPrices in Colorado Springs are 4.0% lower than the national average for electric hot water heater.
National average: $1,000 – $2,500 each
What you get at each price level
Standard
$957 – $2,391 each
50-gallon electric tank in the 9-year class with thicker insulation and better anode, new shutoff and braided connectors
Premium
$1,196 – $2,989 each
50-gallon electric tank in the 12-year class with heavier insulation and extra anode, new shutoff, drain pan and braided connectors
Cost Breakdown in Colorado Springs
| Component | Category | Price Range | Unit |
|---|---|---|---|
| Materials | material | $432 – $1,080 | each |
| Labor | labor | $333 – $831 | each |
| Supplies & Other | supplies | $115 – $288 | each |
| Equipment & Disposal | equipment | $77 – $192 | each |
Prices adjusted for Colorado Springs local market conditions.
Cost Factors in Colorado Springs, Colorado
What Affects Pricing
- Materials ($450.00-$1,125.00 per unit)
- Labor ($350.00-$875.00 per unit)
- Supplies & Other ($120.00-$300.00 per unit)
- Equipment & Disposal ($80.00-$200.00 per unit)
Local Price Adjustments
Material costs4.0% below avg
Labor costs5.0% below avg
Frequently Asked Questions
References
- Home Depot: Cost to Replace a Water Heater, The Home Depot, 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 Colorado Springs
Connect with local electric hot water heater contractors in Colorado Springs for personalized quotes based on your specific project.