The answer to 'how much to replace heat pump in Chicago' is that the cost to replace a heat pump can vary significantly depending on several factors. Typically, the total cost to replace a heat pump in the Chicago area can range from $4,000 to $10,000 or more, including both the equipment and installation.
The key factors that influence the cost include the size and efficiency of the new heat pump, the complexity of the installation, any necessary ductwork modifications, and the labor rates in your local area. Larger or higher-efficiency units, as well as complex installations, will be on the higher end of that range. It's important to get quotes from multiple HVAC contractors in your local Chicago area to get the best price.