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Professional metal fabricators typically charge around $70 per hour, but the total cost of your project will depend on several factors. The largest cost drivers are the size, complexity, and design of the project, as well as the price and type of metal used. A good way to estimate the total cost is to multiply the cost of raw materials by four; typically, one-quarter of the total goes toward materials and three-quarters toward labor. Your geographic location can also influence costs, as labor and material prices vary by region.

Welding is the process of using extreme heat—and, sometimes, pressure—to attach two pieces of metal. In contrast, metal fabrication is a more involved process that can include welding, sheet metal work, bending, and other forms of metal manipulation. Metal fabrication is a large-scale project that may or may not involve welding, while welding is more often a step in larger fabrication projects.

Since water heaters are primarily made of metal, they’re commonly accepted by scrap yards and collectors. Don’t expect to fetch a high price, though—water heaters are mostly steel and aluminum, which aren’t high-value metals. Some components are made of more valuable metals, like brass and copper, but they’re a small portion of the heater and won’t affect the price much.

The average cost for a welding project is about $300, with typical costs ranging from $125 to $490. However, prices can be as low as $125 for very small jobs or exceed $1,200 for large or complex projects. Welders typically charge an hourly rate between $65 and $150, depending on their experience, and many charge a minimum fee to cover overhead and travel expenses. The total cost is influenced by several factors, including labor, the cost of materials like metal rods and shielding gas, the type of metal being welded, the project's size and complexity, and your geographic location. For a precise quote, it's best to ask a local welder for an estimate based on your specific project.