The answer to 'how much does heat pump cost' is that the cost of a heat pump can vary significantly depending on several factors. Typically, the average cost for a basic heat pump system ranges from $4,000 to $12,000 installed, but the final price can be influenced by the size of your home, the efficiency rating of the unit, the complexity of the installation, and your location.
Factors that can affect the cost of a heat pump include the type of heat pump (air-source or geothermal), the SEER (Seasonal Energy Efficiency Ratio) rating, the brand and model, the difficulty of the installation, and any necessary ductwork or electrical upgrades. Additionally, the cost of labor and permits in your local area can also impact the overall price. It's essential to get quotes from multiple HVAC contractors in your area to compare prices and find the best option for your home and budget.