The answer to 'how much does heat pump cost in Chicago' is that the cost of a heat pump system can vary significantly depending on several factors. In general, a typical heat pump installation in the Chicago area can range from $5,000 to $15,000, with the average cost being around $10,000.
The exact cost of a heat pump system will depend on the size of your home, the efficiency rating of the unit, the complexity of the installation, and any necessary ductwork or electrical upgrades. Additionally, the brand, model, and features of the heat pump can also impact the overall cost. It's important to get quotes from multiple HVAC contractors in your local area to compare prices and find the best option for your home and budget.