How much does a heat pump cost installed?
Air-source heat pump installation runs $4,500 for a basic single-stage 2-ton unit, $8,500 for a typical 3-ton variable-speed install, and $16,000+ for cold-climate or geothermal-ready high-end systems.
Quick price points (2026)
| Scope | Cost | What it includes |
|---|---|---|
| Low | $4,500 | installed |
| Typical | $8,500 | installed |
| High | $16,000 | installed |
How to budget for this project
- Get 3 quotes
Get itemized quotes from at least three licensed contractors in your area.
- Adjust for your region
Compare the same scope and account for regional labor and permitting.
- Add 10–15% contingency
Hidden conditions, code upgrades and permit fees can increase the original quote.
- Plan the cash, not the financing
Build the replacement cost into the home's repair plan before the work becomes an emergency.