Heat Pump Water Heater Installation cost: Cordova vs Memphis (2026)
In 2026, Cordova and Memphis land on nearly identical heat pump water heater installation pricing — about $3,400 either way.
Cordova TN
Typically around $3,400
Memphis TN
Typically around $3,400
Cordova vs Memphis: full breakdown
| Factor | Cordova | Memphis |
|---|---|---|
| Typical 2026 cost | $3,400 | $3,400 |
| Estimated range | $2,350–$4,400 | $2,350–$4,400 |
| Labor index (vs US) | ×0.96 | ×0.96 |
| Climate zone | Mixed | Mixed |
| Climate factor | ×1 | ×1 |
| Local permit | $150 | $150 |
| Labor share | $1,850 | $1,850 |
| Materials/equipment | $1,550 | $1,550 |
Treat these as 2026 localized estimates for heat pump water heater installation, not quotes from a contractor.
Basically a tie — focus on the contractor
This is a statistical tie on heat pump water heater installation cost, so let contractor reputation and project timing decide, not geography.
Heat pump water heater installation by type: Cordova vs Memphis
Below, each heat pump water heater installation option is priced independently for both cities, with identical local labor, climate and permit logic applied — so the comparison holds up.
| Type | Cordova | Memphis |
|---|---|---|
| 40–50 gallon | $2,350–$3,800 | $2,350–$3,800 |
| 65–66 gallon | $2,850–$4,200 | $2,850–$4,200 |
| 80 gallon | $3,300–$4,850 | $3,300–$4,850 |
Heat pump water heater installation numbers here are 2026 planning ranges, adjusted per city — useful for budgeting, not a substitute for an actual quote.
Heat pump water heater installation by tank capacity: Cordova vs Memphis
Hybrid heat pump water heaters use a storage tank, so they're sized in gallons by household — but because they recover heat efficiently, a 50-gallon hybrid often serves a home that needed a 65–80 gallon electric tank.
| Size | Cordova | Memphis |
|---|---|---|
| 40 gal (1–2 people) | $2,150–$3,600 | $2,150–$3,600 |
| 50 gal (2–4 people) | $2,350–$4,000 | $2,350–$4,000 |
| 65 gal (4–5 people) | $2,750–$4,200 | $2,750–$4,200 |
| 80 gal (5+ people) | $3,050–$4,400 | $3,050–$4,400 |
Heat pump water heater installation numbers here are 2026 planning ranges, adjusted per city — useful for budgeting, not a substitute for an actual quote.
What water heaters pros earn in each metro
Since labor accounts for around 55% of what a heat pump water heater installation job costs, it's the biggest lever behind any price gap between cities. What you're seeing below is actual BLS metro wage data for skilled installers — not a guess.
Memphis metro · about 7% below the US average installer wage.
Memphis metro · about 7% below the US average installer wage.
Source: U.S. Bureau of Labor Statistics, OEWS metro wages for HVAC installers (used as a trade-labor index).
Cheapest time for heat pump water heater installation in either city
An aging tank tends to give out in winter, when it's working hardest against cold incoming water — and that's exactly when replacement costs the most. Get ahead of it.
Tank or tankless — and what should you budget?
Three formats, three very different cost profiles. Our editors on how to decide which one actually fits your household.
The simple-swap case
If your current tank suits your household and the budget is tight, a like-for-like tank replacement is the cheapest, fastest job — no gas-line or panel upgrades, done in a morning.
The heat-pump case
A heat-pump (hybrid) water heater costs the most upfront but slashes operating cost and earns the strongest utility rebates where offered — the long-run winner where the install location suits it.
The tankless case
Tankless costs more upfront and may need a gas-line or electrical upgrade, but it lasts longer, never runs out of hot water and trims standby energy loss — strongest for larger households planning to stay put.
There's no universally "best" water heater — only the one that fits your budget and timeline. Tight budget, go tank; want endless hot water, go tankless; optimizing for the lowest bill, go heat-pump.
Cordova vs Memphis
Is heat pump water heater installation cheaper in Cordova or Memphis?
heat pump water heater installation costs about the same in both — roughly $3,400 in each city.
Why does heat pump water heater installation cost more in Memphis than Cordova?
Labor rates explain most of it — 0.96 in Memphis vs 0.96 in Cordova. A mixed climate versus mixed accounts for the rest.
How much is heat pump water heater installation in Cordova, TN?
Expect to pay $2,350 to $4,400 for heat pump water heater installation in Cordova in 2026, averaging around $3,400.
Do water heaters pros really charge more in one city?
Real wage data backs this up — skilled installers earn roughly $29/hr in Memphis compared with $29/hr in Memphis (BLS OEWS). Labor is about 55% of a heat pump water heater installation job, so that wage gap is what mostly drives the price difference.
When is the cheapest time to buy heat pump water heater installation — and does it differ by city?
It doesn't vary by location — Spring and early fall is the discount window in both Cordova and Memphis (roughly 5–10% off), while deep winter (failure season) tends to be the most expensive in either city.
Should I choose where to live based on heat pump water heater installation cost?
No — the cost is essentially identical between Cordova and Memphis. Base the decision on the things that actually vary: contractor reputation, scope, equipment tier and timing.
Compare heat pump water heater installation in other cities
Updated June 2026 · By Serhat Özçelik