Question: how much does it cost to install an outside water faucet?
Answer: Replacing a hose bib, also called a spigot or sillcock, averages $175, or between $100 and $300. New installation raises the price to $200 to $500 depending on the spigot's proximity to existing plumbing. Hose bibs themselves run $10 to $60, and plumbers charge $45 to $65 per hour.