The answer to 'how much does electrical panel cost in Chicago' is that the cost of an electrical panel can vary widely depending on several factors. Typically, the cost for a basic electrical panel replacement in the Chicago area can range from $800 to $2,500 or more, depending on the size, complexity, and any necessary upgrades or modifications.
The key factors that influence the cost of an electrical panel include the size and capacity of the panel, the type of panel (e.g., circuit breaker vs. fuse box), the location and accessibility of the panel, the need for any electrical service upgrades, and the labor costs of the electrician performing the work. Homeowners should always get multiple quotes from licensed and insured electricians in their local area to ensure they get the best value for their project.