Water Heater Replacement Cost in Minnesota

Estimated 2026 installed range: $1,200 – $2,600

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Cost by system type in Minnesota

OptionLowHigh
Electric tank (40–50 gal)$1,200$2,600
Gas tank (40–50 gal)$1,500$3,100
Tankless gas$2,600$5,600
Heat pump water heater$3,100$6,100
Solar water heating$4,100$8,200

Local cost factors

Statewide drivers: Midwest conditions and local labor rates. In Minnesota, frost depth requires deeper installation and insulation.

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