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How Much Does a Heat Pump Cost to Install?

Average cost: $3,875 - $10,000

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A new heat pump can cost between $3,875 to $7,625 depending on the size of your home, energy efficient ratings, brand name, and the type of heat pump you install. A mini split ductless heat pump with 4 multi zone indoor air handler units could cost up to $10,000 to install. 

The three types of heat pumps you can install are central ducted air source heat pumps, mini split ductless heat pumps, and geothermal heat pumps. Geothermal heat pumps are the most expensive option and can cost up to $22,000 to install due to land excavation costs.

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