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Replacing a garbage disposal costs anywhere from $150 to $950, but the average cost is somewhere around $550. There are two types of garbage disposal units, and continuous feed disposals tend to cost more than batch feed disposals. Going for an aluminum garbage disposal is also significantly cheaper than choosing a stainless steel garbage disposal. You'll also need to factor in the horsepower of the motor, labor, and the removal and disposal of your old unit.

Whether you choose to repair your garbage disposal will depend on the problem. For minor issues like a bad seal, you can fix the unit for less than $10. If the motor unit is broken, which can easily cost $150, you may want to consider replacing the entire disposal if it’s getting on in years. 

Garbage disposals fit the drains of nearly every sink out there due to universal drain hole sizes of 3 1/2 to 4 inches, but the same isn’t true for the housing underneath the sink. You need plenty of room to fit a garbage disposal under there, so measure the space ahead of time and use those dimensions when shopping for a new model. If you’re replacing an existing model, get one in that size.

If the cost of repairing a leaking garbage disposal is close to the cost of replacing the disposal, then fixing the unit might not make sense. When deciding if you should repair or replace your garbage disposal, consider the age of your garbage disposal, the cost of the repair, and whether your garbage disposal has had other problems recently to help you decide if the cost of repairing the leak is better than the cost of replacing the disposal.