Basic
$947 – $2,368 per project
Whole-home electric tankless around 24 kW, wall mounted with isolation valves, on adequately sized circuits
Photo: Faibel · Public domain · Source
How Much Does Install Tankless Electric Water Heater Cost in Memphis, Tennessee?
Install Tankless Electric Water Heater: national installed price range, materials and labor breakdown, and local pricing by ZIP code.
Install Tankless Electric Water Heater in Memphis, Tennessee typically costs $1,114 to $2,786 per project as of 2026. Prices reflect local labor and material rates. Use our calculator below for a detailed, ZIP-code-adjusted estimate.
Install Tankless Electric Water Heater in Memphis, Tennessee
$1,114 – $2,786
per projectPrices in Memphis are 8.0% lower than the national average for install tankless electric water heater.
National average: $1,200 – $3,000 per project
What you get at each price level
Standard
$1,114 – $2,786 per project
Electric tankless around 24 kW with digital temperature display, isolation valve kit, on adequately sized circuits, flow tested
Premium
$1,393 – $3,482 per project
Electric tankless around 24 kW with self-modulating elements and digital control, isolation valve kit, on adequately sized circuits, flow tested
Cost Breakdown in Memphis
| Component | Category | Price Range | Unit |
|---|---|---|---|
| Materials | material | $518 – $1,296 | job |
| Labor | labor | $365 – $914 | job |
| Supplies & Other | supplies | $138 – $346 | job |
| Equipment & Disposal | equipment | $92 – $230 | job |
Prices adjusted for Memphis local market conditions.
Install Tankless Electric Water Heater photo examples
Electric tankless water heater with cover off showing heating element and wiring
Photo: User:Mattes · Public domain · Source
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Cost Factors in Memphis, Tennessee
What Affects Pricing
- Materials ($540.00-$1,350.00 per project)
- Labor ($420.00-$1,050.00 per project)
- Supplies & Other ($144.00-$360.00 per project)
- Equipment & Disposal ($96.00-$240.00 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 Install Tankless Electric Water Heater, 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 install tankless electric water heater contractors in Memphis for personalized quotes based on your specific project.