When considering water heater repair and installation, most homeowners spend around $600, though the costs can reach up to $6,500 for premium units or complex installations. Basic repair services can start as low as $90, making it vital for homeowners to evaluate their specific needs before undertaking any project. Installation prices for standard tank water heaters typically range between $1,600 to $2,400, while tankless systems can be more expensive, usually between $1,400 and $3,900.
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