The answer to 'how much does water heater cost in Chicago' is that the typical cost for a new water heater installation in Chicago can range from $800 to $2,000, depending on several factors. The price can vary based on the type of water heater (tank or tankless), the size and energy efficiency, the complexity of the installation, and any additional plumbing or electrical work required.
For a standard 40-50 gallon tank water heater, you can expect to pay between $800 and $1,500 for the unit and installation. Tankless water heaters, which are more energy-efficient but require more complex installation, typically cost $1,200 to $2,000 installed. Keep in mind that these are just general price ranges, and the actual cost can be higher or lower depending on your specific needs and location within the Chicago area. It's always best to get multiple local quotes to find the most competitive pricing.