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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.

The two main negatives of garbage disposals are they are a safety hazard in homes with children, and they frequently encounter blockage issues. While they might be annoying to fix and monitor, garbage disposals can significantly lower your trash use and are a great way to dispose of organic waste. While there are negatives, the vast majority of homeowners acknowledge the positives are enough to install a disposal in their home. 

While the drain connection for a garbage disposal is nearly universal and fits standard sink drain holes of 3 1/2 to 4 inches, the size of the disposal unit itself is not. You must have enough space in the cabinet underneath your sink to accommodate the disposal's housing. A larger model may not fit in a compact cabinet or if the existing plumbing is arranged in an unusual way. Before buying a new garbage disposal, measure the available space under your sink. If you are replacing an old unit, it's often easiest to choose a new model of a similar 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.