Basic
$4,630 – $11,113 per project
Single-stage heat pump around 15 SEER2 / 7.8 HSPF2 with matched air handler, new pad and programmable thermostat
How Much Does Energy Efficient Heat Pump Cost in Minneapolis, Minnesota?
Supply and install a ducted air-source heat pump system (outdoor unit, matching air handler/coil) replacing existing equipment on existing ducts; geothermal, new ductwork and rebates excluded.
Energy Efficient Heat Pump in Minneapolis, Minnesota typically costs $5,448 to $13,074 per project as of 2026. Prices reflect local labor and material rates. Use our calculator below for a detailed, ZIP-code-adjusted estimate.
Energy Efficient Heat Pump in Minneapolis, Minnesota
$5,448 – $13,074
per projectPrices in Minneapolis are 12.0% higher than the national average for energy efficient heat pump.
National average: $5,000 – $12,000 per project
What you get at each price level
Standard
$5,448 – $13,074 per project
Two-stage heat pump around 16-17 SEER2 / 8.5 HSPF2 with variable-speed air handler and programmable heat pump thermostat
Premium
$6,809 – $16,343 per project
Variable-speed inverter heat pump around 18-20 SEER2 / 9.5 HSPF2, cold-climate rated, matched air handler and communicating controls
Cost Breakdown in Minneapolis
| Component | Category | Price Range | Unit |
|---|---|---|---|
| Materials | material | $2,318 – $5,562 | job |
| Labor | labor | $2,100 – $5,040 | job |
| Supplies & Other | supplies | $618 – $1,483 | job |
| Equipment & Disposal | equipment | $412 – $989 | job |
Prices adjusted for Minneapolis local market conditions.
Cost Factors in Minneapolis, Minnesota
What Affects Pricing
- Materials ($2,250.00-$5,400.00 per project)
- Labor ($1,750.00-$4,200.00 per project)
- Supplies & Other ($600.00-$1,440.00 per project)
- Equipment & Disposal ($400.00-$960.00 per project)
Local Price Adjustments
Material costs3.0% above avg
Labor costs20.0% above avg
Labor costs in Minneapolis run proportionally higher than materials, which may favor material-heavy solutions.
Frequently Asked Questions
References
- How Much Does a Heat Pump Cost? (2026) - This Old House, This Old House, retrieved Nov 2026
- Heat Pump Installation Cost - Forbes Home, Forbes Home, 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 Minneapolis
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