Basic
$1,239 – $3,303 each
50-gallon condensing gas storage water heater around 90% efficiency, 6-year tank class, sealed PVC venting, condensate drain and relief line
How Much Does High Efficiency Water Heater Cost in Indianapolis, Indiana?
Install one high-efficiency (condensing gas or ENERGY STAR) storage water heater replacing an existing unit, venting and connections included.
High Efficiency Water Heater in Indianapolis, Indiana typically costs $1,457 to $3,886 each as of 2026. Prices reflect local labor and material rates. Use our calculator below for a detailed, ZIP-code-adjusted estimate.
High Efficiency Water Heater in Indianapolis, Indiana
$1,457 – $3,886
eachPrices in Indianapolis are 1.0% lower than the national average for high efficiency water heater.
National average: $1,500 – $4,000 each
What you get at each price level
Standard
$1,457 – $3,886 each
50-gallon condensing gas storage water heater around 90% efficiency, 9-year tank class, sealed PVC venting, flex gas connector, shutoff and relief line
Premium
$1,822 – $4,858 each
50-gallon condensing gas storage water heater around 94% efficiency, 12-year tank class, sealed PVC venting, condensate neutralizer, drain pan, relief line
Cost Breakdown in Indianapolis
| Component | Category | Price Range | Unit |
|---|---|---|---|
| Materials | material | $635 – $1,692 | each |
| Labor | labor | $541 – $1,442 | each |
| Supplies & Other | supplies | $169 – $451 | each |
| Equipment & Disposal | equipment | $113 – $301 | each |
Prices adjusted for Indianapolis local market conditions.
Cost Factors in Indianapolis, Indiana
What Affects Pricing
- Materials ($675.00-$1,800.00 per unit)
- Labor ($525.00-$1,400.00 per unit)
- Supplies & Other ($180.00-$480.00 per unit)
- Equipment & Disposal ($120.00-$320.00 per unit)
Local Price Adjustments
Material costs6.0% below avg
Labor costs3.0% above avg
Labor costs in Indianapolis run proportionally higher than materials, which may favor material-heavy solutions.
Frequently Asked Questions
References
- Water Heater Installation Cost - This Old House, 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 Indianapolis
Connect with local high efficiency water heater contractors in Indianapolis for personalized quotes based on your specific project.