Basic
$7,103 – $12,628 per project
Single-stage heat pump around 14.3 SEER2 with an 80% AFUE gas furnace, matched coil and dual-fuel programmable thermostat
How Much Does Dual Fuel Heat Pump Cost in Memphis, Tennessee?
Install a dual-fuel (hybrid) system: air-source heat pump paired with a gas furnace, coil and controls, on existing ductwork.
Dual Fuel Heat Pump in Memphis, Tennessee typically costs $8,357 to $14,856 per project as of 2026. Prices reflect local labor and material rates. Use our calculator below for a detailed, ZIP-code-adjusted estimate.
Dual Fuel Heat Pump in Memphis, Tennessee
$8,357 – $14,856
per projectPrices in Memphis are 8.0% lower than the national average for dual fuel heat pump.
National average: $9,000 – $16,000 per project
What you get at each price level
Standard
$8,357 – $14,856 per project
Two-stage heat pump around 16 SEER2 with a 96% AFUE two-stage furnace, matched coil and dual-fuel thermostat with set balance point
Premium
$10,446 – $18,570 per project
Variable-speed inverter heat pump around 18 SEER2 with a 97% AFUE modulating furnace, variable-speed blower and communicating controls
Cost Breakdown in Memphis
| Component | Category | Price Range | Unit |
|---|---|---|---|
| Materials | material | $3,888 – $6,912 | job |
| Labor | labor | $2,741 – $4,872 | job |
| Supplies & Other | supplies | $1,037 – $1,843 | job |
| Equipment & Disposal | equipment | $691 – $1,229 | job |
Prices adjusted for Memphis local market conditions.
Cost Factors in Memphis, Tennessee
What Affects Pricing
- Materials ($4,050.00-$7,200.00 per project)
- Labor ($3,150.00-$5,600.00 per project)
- Supplies & Other ($1,080.00-$1,920.00 per project)
- Equipment & Disposal ($720.00-$1,280.00 per project)
Local Price Adjustments
Material costs4.0% below avg
Labor costs13.0% below avg
Material costs in Memphis run proportionally higher than labor, which may favor labor-intensive approaches.
Frequently Asked Questions
How we price this
BuildX Pro researches and reviews the national price range for Dual Fuel Heat Pump, then adjusts it to your ZIP code for local labor and material costs using the public data below. Last checked 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 Memphis
Connect with local dual fuel heat pump contractors in Memphis for personalized quotes based on your specific project.