How Much Does a Heat Pump Cost in New York City? [2025 Data]

You can expect to spend around $7,072 on heat pump costs in New York, New York, with most project totals ranging from $4,395 to $10,574. The price you pay will depend on a handful of factors, including the type of heat pump and whether or not you need new ductwork. Here’s a rundown of the most common costs you’ll face when installing a heat pump in the Big Apple.

Heat Pump Cost Factors in New York

A good chunk of your heat pump installation costs will come from the heat pump itself. Here’s how your heat pump’s type, size, and efficiency rating will impact your budget.

Type of Heat Pump

Air-source and ground-source heat pumps are the main types of heat pumps for homes. Air-source models, including the popular ductless mini-splits, are the more affordable of the two types. Ground-source heat pumps (which are also called geothermal heat pumps) are pricier up front but last longer than air-source heat pumps.

Size of Heat Pump

In addition to picking your heat pump’s type, you can also choose its size. A heat pump’s size is a representation of its cooling and heating capacity and is provided in tons, British Thermal Units (BTUs), or both. Because they have more cooling and heating capacity, larger-sized heat pumps are more expensive than smaller ones.

If you aren’t sure which size is right for your home, ask an HVAC pro in New York, New York. They’ll be able to calculate the appropriate size based on your property’s square footage, potential for heat loss, and other factors. In the meantime, though, you can check out this chart to see how an air-source heat pump’s size influences its cost:

Heat Pump Efficiency

Your heat pump’s energy efficiency—or how efficiently it uses electricity to cool or heat your home—is another cost factor for this project.

When you buy a heat pump, you’ll notice two efficiency ratings: Seasonal Energy Efficiency Ratio (SEER) for cooling and Heating Seasonal Performance Factor (HSPF) for heating. Higher SEER and HSPF ratings equate to better efficiency (and a steeper up-front cost).

Here are some common heat pump SEER ratings and their average unit costs (not including installation):

Ductwork Replacement or Installation

If your ductwork is in poor condition or incompatible with your new HVAC system, you might have to replace it when installing your heat pump. On average, the cost to replace ductwork in New York ranges from $416 to $1,564.

On the other hand, you might not have ductwork if you live in an older building or if this is your home’s first HVAC system. To install a new duct system, you’ll pay anywhere from $3,000 to $7,500 per 300 linear feet. (Keep in mind: You don’t need ductwork if you’re installing a ductless heat pump.)

HVAC Pro Costs in New York

Once you’ve chosen a heat pump, there are a few other costs to factor into your budget, including labor and permits.

Licensing and Certification

In New York City, your heat pump installer will need to be certified by the New York City Fire Department (FDNY) and Environmental Protection Agency (EPA) to work with refrigerants. Unlike some other states, there is no state-level licensing requirement for HVAC professionals in New York.

Ideally, your installer should have a North American Technician Excellence (NATE) certification as well. To earn and maintain this voluntary certification, technicians must have at least two years of HVAC experience, pass a series of rigorous exams, and complete continuing education hours.

Permits

Permits are necessary when installing a heat pump in New York. Your contractor should pull the required permits for your project and pass along the costs to you. If you don’t see any information about permits in your contractor’s quote, ask them to explain the permitting process and provide estimated costs in writing.

Sales Tax

If you buy your heat pump in the Big Apple, don’t forget to factor in the city’s 8.875% sales tax, which can add several hundred dollars to your project costs. For example, if you purchase a $2,000 air-source heat pump, the sales tax would come out to $178.

Rebates

Con Edison offers rebates of up to $10,000 if you install an air-source heat pump to replace or work alongside your old heating system. To qualify, your heat pump must be installed by one of the utility’s participating contractors.

Does Installing a Heat Pump Increase Home Value in New York?

Heat pumps provide a more energy-efficient alternative to traditional HVAC systems. For many homebuyers in New York, that’s an appealing prospect—especially considering that electricity prices in the area were 54.5% higher than the national average at the end of 2024, according to the Bureau of Labor Statistics (BLS).

Plus, with a heat pump, you’ll get both heating and cooling. That’s a huge plus in New York, which experiences both hot, muggy summers and cold, snowy winters. If you decide to invest in a new heat pump before selling your house, you can increase its resale value by 5% to 7%.

How Angi Gets Its Cost Data

Home is the most important place on earth, which is why Angi has helped more than 150 million homeowners transform their houses into homes they adore. To help homeowners with their next project, Angi provides readers with the most accurate cost data and upholds strict editorial standards. We survey real Angi customers about their project costs to develop the pricing data you see, so you can make the best decisions for you and your home. We pair this data with research from reputable sources, including the U.S. Bureau of Labor Statistics, academic journals, market studies, and interviews with industry experts—all to ensure our prices reflect real-world projects. 

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