Basic
$2,315 – $5,556 each
65-gallon hybrid heat pump water heater, condensate drain, new connectors and T&P discharge, old tank hauled away
How Much Does Heat Pump Water Heater Cost in Minneapolis, Minnesota?
Install one 50-80 gallon hybrid heat pump water heater replacing an existing tank, including condensate drain, connections and haul-away; panel upgrades excluded.
Heat Pump Water Heater in Minneapolis, Minnesota typically costs $2,724 to $6,537 each as of 2026. Prices reflect local labor and material rates. Use our calculator below for a detailed, ZIP-code-adjusted estimate.
Heat Pump Water Heater in Minneapolis, Minnesota
$2,724 – $6,537
eachPrices in Minneapolis are 12.0% higher than the national average for heat pump water heater.
National average: $2,500 – $6,000 each
What you get at each price level
Standard
$2,724 – $6,537 each
65-gallon hybrid heat pump water heater with higher efficiency, Wi-Fi mode control, drain pan and condensate drain
Premium
$3,405 – $8,171 each
65-gallon high-efficiency hybrid unit with quieter compressor, leak detection and auto shutoff valve, drain pan
Cost Breakdown in Minneapolis
| Component | Category | Price Range | Unit |
|---|---|---|---|
| Materials | material | $1,159 – $2,781 | each |
| Labor | labor | $1,050 – $2,520 | each |
| Supplies & Other | supplies | $309 – $742 | each |
| Equipment & Disposal | equipment | $206 – $494 | each |
Prices adjusted for Minneapolis local market conditions.
Cost Factors in Minneapolis, Minnesota
What Affects Pricing
- Materials ($1125-$2700 per unit)
- Labor ($875-$2100 per unit)
- Supplies & Other ($2500-$6000 per unit)
- Equipment & Disposal ($2500-$6000 per unit)
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
- Heat Pump Water Heater Installation Cost - Costadia, costadia.com, retrieved Nov 2026
- Heat Pump Water Heater Cost Guide - Rheem, Rheem, retrieved Nov 2026
- What Goes into the Cost of Installing a HPWH - ENERGY STAR, ENERGY STAR, 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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