Heat Pump Price Guides

compare heat pump unit prices

Average Heat Pump Cost: $5,695, Installed

The average replacement cost of a residential heat pump system is $5,695 for a 2.5 to 3 ton heat pump system, installed by a local HVAC pro near you.

HeatPumpPriceGuides.com is a consumer price guide dedicated to helping homeowners learn about heat pump prices for their home hvac systems. The information published on this site is kept as current as possible, and continually updated each week, with 2014-2020 heat pump pricing data that we compile from leading online resources, direct interaction with visitors like yourself, as well as HVAC industry data.

Split System Air Source Heat Pump systems are comprised of three or more main components, a thermostat control, and installation accessories that connect the components and allow them to work together properly. Anytime we refer to a complete heat pump system, we’re referring to the outdoor heat pump condensing unit, an air handler with evaporator coil, electric heating strip, duct system, thermostat, and a refrigerant line-set to connect the system.

Quick Links: Brands | Sizes | Efficiency Ratings | User Submits

Updated 05/19/2020

Heat Pump Price List by Leading Brands

The 2019 price list below is based on replacement heat pump prices for a complete 3-ton system. We needed to set this baseline in order to provide an equal comparison between each of the top rated heat pump brands listed below. The system includes: 3-ton heat pump condenser, 1200 cfm air handler with built in coil, insulated copper line-set, and basic 7-day programmable heat pump thermostat. The combined efficiency of the complete heat pump system is rated at: 14 seer, 8.5 hspf, and would adequately heat and cool most homes between 1750-2250 sqft.

Leading Heat Pump Brands
Complete System
Complete System Installed
Amana $1,835
American Standard $2,495
Armstrong $1,560
Bryant $1,870
Carrier $2,565
Coleman $1,610 $5,325
Gibson $1,410 $4,415
Goodman $1,550 $4,610
Heil $1,910 $5,860
Lennox $2,900 $6,795
Rheem $1,725 $5,150
Ruud $1,625 $4,890
Tempstar $1,810 $4,940
Trane $2,910 $8,560
York $1,640 $4,850


Note: We’ve had several people ask us if you MUST buy a complete heat pump system, and in most cases, the answer is yes. The outdoor condensing unit (compressor) MUST be matched to the indoor coil, which are primarily located inside the air handler on most systems today. I won’t say that its required 100% of the time since you may have a component fail prematurely and can get away with just one main component being replaced. We do however, recommend it 100% of the time, especially if the system is older than 7 years.

Unit Prices Sorted by the Heat Pump System Size

Before a heat pump system is installed in your home, a licensed HVAC company needs to run a heating and cooling load calculation on your home. They will take several measurements, look at your windows, your attic and all areas of your home to determine heat gain and heat loss. They do this to be sure you have a properly sized heat pump system ranging from 1.5 tons to 5-tons in size.

Heat Pump, Fan Unit, Heat Strip
Complete System
Complete System Installed
1.5 Tons, 800cfm, 5kw $1,365
2 Tons, 800cfm, 5kw $1,530
2.5 Tons, 1200cfm, 7kw $1,695
3 Tons, 1200cfm, 7kw $1,830
3.5 Tons, 1400cfm, 10kw $1,875
4 Tons, 1600 cfm, 10kw $1,995 $5,740
5 Tons, 2000cfm, 10kw $2,215 $6,890

Note: For the purpose of this heat pump price list, we are including a complete unit with the following equipment: 14 SEER Heat Pump Condenser, Air Handler Fan Coil, Electric Heat Strip, (Backup heat) 7-Day Programmable Thermostat, and a New Copper Line-set. The pricing is set to an average manufacturer like Bryant, Heil, Lennox or Rheem. We also assume the installation would be of average difficulty, taking two skilled HVAC mechanical pros, one day to complete.

Prices Sorted by Heat Pump Efficiency Ratings

Heat pump systems, just like central air conditioners and other major home appliances, come in several different efficiency ratings which are measure in SEER for cooling, and HSPF for heating your home. Standard efficiency heat pumps cost much less than the price of high efficiency heat pump systems for your home. In this next price table, we want to share the effect of efficiency, on heat pump prices.

Table below is based on a complete, and ARI matched 3-ton heat pump system.

Heat Pump Efficiency Rating
Complete System
Complete System Installed
13-14 SEER / 7-8 HSPF (Standard Eff) $1,760
15-16 SEER / 8-9 HSPF $2,080
17-18 SEER / 9-10 HSFP $2,950
19+ SEER / 10+ HSFP (Super High Eff) $3,850


Customer and Visitor Submitted Installed Prices

Although we have great resources for getting accurate heat pump prices, we also rely on our customers and website visitors to keep us honest and provide feedback with their own information about how much their replacement heat pump cost. We scrub all form data to remove any personally identifying information from the aggregate price comparison tables you see on this page.

Heat Pump Brand & Model
Home Location
Home Size
$13,800 Lennox XP20-48 Heat Pump Bend, OR 3000 sqft
Replaced a 22 year old heat pump and air handler. Lennox XP20-48 4 ton heat pump and Lennox air handler: CBX32MV-48 4 ton. Cost is installed and old equipment removed.
$11,091.00 3.5, 2-ton Trane XR15 systems Fredericksburg, TX 2400 sqft
Replaced 12 and 15 yr. old heat pumps and systems. The 2-ton system cost $5,124 and the 3.5-ton system cost $5,967, including installation. Both were done in less than a single day of installation. We had bids that ran higher, one somewhat over $20,000 for both units together. So shop carefully or you might pay nearly twice as much as you should.
$5,800 Carrier Comfort Heat Pump Pittsburg, PA 1300 sqft
Replaced eleven year old Trane heat pump that had two failed compressors. Obtained several quotes and $5,800 was the by far the cheapest option (the next best quote was for a $9,900 Amana – labor in Pittsburgh is relatively expensive). No problems so far, although, since the unit is powered by electricity as opposed to gas, my peak winter electricity bill can reach $300. However this is still within same ballpark as neighbors who have gas furnaces so I’m satisfied.
$5,475 Carrier Comfort Heat Pump Deltona, Florida 1400 sqft
Replaced with a Carrier Comfort Series Heat Pump, 14seer, 2.5ton. Included 2 year service plan and installation.
$6,280 2.5 Ton Trane Heat Pump Asheville, NC 1450 sqft
Replaces a 10 year old system. 2.5 ton heat pump system, with new air handler installed in attic.
$5,6600 Trane XR15 Heat pump Seneca, SC 1650 sqft
Replaced 10 year old builder grade York with a 3 ton Trane XR15 heat pump and new air handler.
$6,450 Carrier 15 SEER HP Jackson, AL 1550 sqft
Added new complete split system heat pump to a 60 year old home. Carrier 15 seer 3 ton split unit with new duct work.
$6,000 Temp Star West Liberty 2200 sqft
Replaced a 15year old system, New 14seer heat pump, 4ton unit. Like the look of this new unit. r410 coolant
$2,100 Ruud 2.5 Ton R13 Chesapeake VA 1800 sqft
Replaced old unit with new one, both condenser and evaporator. Flushed all lines, replaced pad, took about 3 hours for the whole job.
$6,800 Bryant 289B Warrior, Al 1600 sqft
Replaced a 20 year old Coleman system. Both indoor and outdoor units. (Heat pump condensing unit, air handler) New pipes, new thermostat, new wiring from main power panel.
$10,500 Carrier Infinity 18 SEER Manassass, VA 3500 sqft
Replaced a fairly new system that was propane only. I could have switched to a hybrid heat pump but wanted to get off of propane all together so I had other cheaper options like switching to hybrid (energy efficient heat pump) but elected to go with 4 ton Carrier 25VNA8 18 SEER heat pump,infinity variable speed coil, 20kw heat strips, infinity touch wifi, media air filter. Return on Investment is about 4 years. Work included capping gas line… glad I am off propane and not see those crazy bills!
$7,900 Trane XR15 Sedro Wooley, WA 1210 sqft
Replace 25 year old forced air electric furnace with XR15 heat pump and TAM7 variable speed air handler. Rebates totaled $1500 from electric company and $800 from Trane
$6,900 Lennox Heat Pump Oklahoma City, OK 2200 sqft
Replaced old heat pump unit with a Lennox system.
$7,807 Amana 3T 16 SEER Pensacola, FL 1450 sqft
Replaced old unit with a 3-ton Amana 16 SEER heat pump system
$6,170 Trane XL14c Casa Grande, AZ 1200 sqft
For a Trane XL16c variable speed heat pump 3 ton, I was quoted a pre-tax price of $8323.
Just quotes. I am still shopping for a new system and will get at least four quotes before I decide.
$5,500 Carrier Lorton Virginia 2000 sqft
Replacing 2 heat pump components. One located in the attic (air handler) and one outside. (condenser)
$5,000 Lennox XP21 System High Point, NC 3200 sqft
Replacement of outdoor heat pump and inside air handler.
$5,050 Trane XB14 Central Texas 2100 sqft
Replaced an older Trane, used the existing duct work. Tax credit lowered the price. If you get a Trane, better get the 10 yr labor and equipment warranty, you will need it. Air handler replaced after 3 yrs. capacitor 4 yrs.
$6,659 Lennox 14HPX Heat Pump Hinesville, GA 1300 sqft
The dealer wrote 15 seer system on contract, but further research on the system states up to 14 seer. Dealer state we should include a thermostat for additional $75 then seer “may exceed” 14 seer.
$19,140 4 Ton Trane Heat Pumps Scottsdale, AZ 3630 sqft
Replaced (2) 22 year old Trane split systems. New outdoor compressors and air handlers with variable speed, 19.25 SEER, with new plenums, and communicating thermostats. Additional duct work to install second return and reroute duct for front bedroom hot spots an additional $880.
$5,200 TempStar 2.5 Ton System Oakland, CA 1200 sqft
Replaced old heat pump with a TempStar 2.5 ton heat pump.
$7,950 4 Ton Carrier Infinity Little Rock, AR 2200 sqft
Carrier Infinity heat pump installed in crawl space of home. Included infinity thermostat, new copper lines, heat pump, air handler and infinity air cleaner.
$5,650 Trane XR15 3-ton System Kileen, TX 1800 sqft
We were unsure whether a heat pump was right for us in Texas, but the math makes sense. +16 seer and electric heat to knock off the chill on cold days.
$4,650 3-Ton Carrier Heat Pump Ocala, FL 1825 sqft
Replacement of a complete heat pump system included 2 system units, thermostat, lines and 5kw electric heat.
$7,250 Bryant Evolution Heat Pump System Marietta, GA 1825 sqft
We made it through the summer but had to replace our heat pump before the winter comes. We chose a 4-ton high efficiency Bryant Evolution, 2-stage model.
$2,250 Tempstar 13 seer R22 model. Sparta, NC 1360 sqft
Bought it through a friend, helped him install it, saved a bunch of cash.
$4,950 Goodman 14 SEER heat pump system Virginia Beach, VA 1640 sqft
Living near salt water, we go through this every 7-10 years. We got a full 10 years out of our last unit, which was also a Goodman heat pump.
$6,600 Trane XR15 Heat Pump System Jacksonville, FL 2675 sqft
This is our third Trane heat pump and we are a loyal brand owner. included heat pump, air handler, heat strip, and we had the clean effects air cleaner installed at the same time.
$9,200 Trane XL20i System Greensboro, NC 1900 sqft
Our old heat pump system failed after 14 years. We decided to have a Trane XL20i installed and hope the high efficiency heat pump saves us money for years to come.


Share Your Experience with our Visitors

We love to receive heat pump system pricing from our visitors! After all, you are the best source of the costs being charged by HVAC companies in your area.

Please go to this page and complete the short pricing detail questionnaire. We will remove any identifying information and add your heat pump price estimate to the list above. As always, Thank You in advance.