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WebNatural Gas. A tankless gas water heater costs around $500 to $2,000.A small, single-point unit could cost as little as $500, while a whole-house system may cost … WebJul 31, 2024 · Water Heater Replace: $1,402. Water heaters only last about 10 years, so if it’s been a hot minute since you had yours installed, this breakdown might be a sign it’s finally given up the ghost. At the end of your water heater’s usable life, you'll need to spring for a new one. Alabama’s average replacement price is 19% less than the ... WebJul 25, 2024 · Gas water heaters cost less to operate than electric water heaters—about 33% less. Electric Water Heater Electric water heaters cost an average of $42 per month to operate. simple diwali decoration ideas for office