What does a heat pump cost in New York? Real data from 9,692 installations
Published May 4, 2025 · Based on NYSERDA public data
We analyzed 9,692 NYSERDA-supported air source heat pump installations across New York State to show what homeowners actually paid between 2017 and 2019. No estimates, no contractor marketing — just filed project costs.
The short answer
The median total project cost was $5,500. Half of all installations fell between $3,500 (25th percentile) and $9,225 (75th percentile). The cheapest project in the dataset cost $560; the most expensive was $97,200.
Cost by building type
Building type is the single biggest predictor of what you will pay. Single-family detached homes — the most common project type — run higher than attached houses or small multifamily buildings.
| Building type | Count | Median cost |
|---|---|---|
| Single-family detached | 5,754 | $5,950 |
| Attached / duplex / townhouse | 2,446 | $4,500 |
| 2-4 unit apartment / condo | 1,005 | $4,500 |
| 5+ unit apartment / condo | 473 | $6,200 |
| Mobile home | 14 | $8,400 |
Cost by county
Geography matters. NYC boroughs (Queens, Kings, Richmond) trend cheaper — likely due to smaller units and competitive urban installer markets. Upstate and Hudson Valley counties cost more, reflecting larger homes and fewer contractors.
| County | Installs | Median cost |
|---|---|---|
| Queens | 3,068 | $4,300 |
| Kings (Brooklyn) | 2,406 | $4,500 |
| Ulster | 981 | $7,550 |
| New York (Manhattan) | 457 | $6,900 |
| Richmond (Staten Island) | 245 | $4,000 |
| Dutchess | 216 | $7,950 |
| Tompkins | 211 | $9,914 |
| Monroe | 195 | $6,825 |
| Bronx | 189 | $5,500 |
| Westchester | 172 | $8,180 |
What about incentives?
Every project in this dataset received a NYSERDA incentive. The median incentive was $500, bringing the median net cost (after incentive) down to $4,500. These figures do not include federal tax credits or additional utility rebates that may have further reduced homeowner costs.
Current incentives are significantly more generous. The federal IRA tax credit now covers 30% of project costs (up to $2,000), and New York State offers additional rebates through the Clean Heat program.
How to use this data
These are 2017-2019 costs. Equipment and labor prices have changed since then, and incentive programs have expanded. Use these numbers as a baseline for relative comparison — if your county was 40% above the state median then, it is probably still above median now.
For the most useful comparison, filter by your county and building type in our full searchable database.
Have a recent quote? Contribute it anonymously to help other homeowners compare prices with current data.
Methodology
Data source: NYSERDA Statewide Air Source Heat Pump Projects, published on data.ny.gov. Total project cost represents the full installed cost as reported to NYSERDA for incentive applications. We excluded records with missing or zero cost values. All statistics are unweighted.