The answer to 'how much does electrical panel cost in my area' is that the cost of an electrical panel can vary significantly depending on your location and the specific needs of your home. Typically, the cost for a basic electrical panel replacement can range from $800 to $2,500, with the national average around $1,500.
Several factors can influence the cost, including the size and complexity of the panel, the type of panel (e.g., circuit breaker vs. fuse box), the cost of labor in your local area, and any necessary upgrades or modifications to the existing electrical system. It's important to get multiple quotes from licensed electricians in your area to get an accurate estimate for your specific situation.