The answer to 'how much does water heater cost in Chicago' is that the cost of a new water heater can vary significantly depending on several factors. Generally, homeowners in Chicago can expect to pay anywhere from $500 to $2,000 for a new water heater, including installation.
The exact cost will depend on the type of water heater (traditional tank, tankless, or hybrid), the size and capacity, the brand and model, and whether any additional plumbing work is required. Higher-end, energy-efficient models will be on the higher end of the price range, while basic, standard-efficiency models will be on the lower end. The cost of labor and installation by a licensed plumber can also impact the total price.