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Since the cost of installing a ceiling fan is $250 for most homeowners, it might be beneficial to replace your existing fan if you are experiencing a significant repair issue, like a broken motor. However, for less expensive repairs, like a fan blade replacement, you’ll likely spend less on the repair than a complete fan replacement. Of course, if you’re looking for an upgrade or a new style fan, replacing it altogether is always an option. 

Installing a ceiling fan where no wiring exists is a difficult and potentially dangerous job that should not be attempted as a DIY project. It is recommended to hire a certified electrician to build the necessary electrical infrastructure. In some areas, building codes require this work to be done by a professional to ensure safety and compliance. Due to the complexity, this type of installation is a significant job that could cost up to $2,000.

Most ceiling fans have a lifespan of anywhere from five to 15 years or 10 years on average. Just how long your ceiling fan lasts depends on the quality of the parts, how much it’s used, and how well you maintain it. A fan with a weak motor that runs on the medium setting nonstop is likely to have a shorter lifespan compared to a fan with a powerful motor that runs on the slowest setting for air circulation.

Whether you can install a ceiling fan yourself depends on if you're replacing an existing fixture or installing one where no wiring exists. If you are replacing an existing fan, an experienced DIYer may be able to do the job, which can save on labor costs. This work typically doesn’t require a permit, but there’s always a safety risk when dealing with electrical components, so hiring a pro is still a good idea, especially if you aren't handy. Keep in mind you may need a special ladder for high or vaulted ceilings. However, if you are installing a new ceiling fan where there is no current fixture, you must hire a licensed electrician. In most areas, it is required by law that a professional runs new wiring and pulls the necessary permits. Attempting to install wiring yourself can be dangerous and a code violation.