Water heater replacement is an important task for any homeowner, considering how crucial hot water is to everyday life. Depending on the type of water heater and installation process, prices can vary widely. Many factors come into play when it comes to water heater replacement, such as the age of the existing water heater, size and fuel type of the new unit, local labor rates, quality of materials used, etc. Generally speaking, a typical replacement job will cost anywhere from $1,000-$2,500. For exact pricing related to your specific needs or situation it is best to contact a professional Water Heater Replacement contractor near you.