The answer to 'how much to replace electrical panel in my area' is that the cost can vary significantly depending on several factors. Typically, the cost to replace an electrical panel ranges from $1,000 to $3,000 or more, but the exact price will depend on your location, the size and complexity of the panel, the materials needed, and the labor costs in your area.
Some key factors that can influence the cost include the age and condition of the existing panel, whether the panel needs to be upgraded to meet current electrical codes, the accessibility of the panel location, and any additional electrical work that may be required, such as rewiring or adding new circuits. It's important to get quotes from licensed electricians in your local area to get an accurate estimate for your specific situation.