Heat Pumps · Published 2026-07-25
New Jersey vs New York: Where a Heat Pump Costs Less
Heat Pumps in New Jersey ($16,000) vs New York ($17,000) — a 6% gap between neighbors, from July 2026 data.
New Jersey and New York share a border, but for a whole-home heat pump installation the numbers diverge: New Jersey averages $16,000 (rank #34 of 50) and New York averages $17,000 (rank #43) — a 6% gap.
| New Jersey | New York | |
|---|---|---|
| Whole-home system, installed | $16,000 | $17,000 |
| Climate | Cold | Cold |
| Heating degree days | 5,000 | 5,800 |
| Electricity rate | 16.5¢/kWh | 21.8¢/kWh |
| Typical state/utility rebate | $4,000 | $3,000 |
New Jersey in context
New Jersey sits in the pricier half of the country at #34 of 50, averaging $16,000 — about 5% above the national average.
New York in context
New York is one of the most expensive states for a whole-home heat pump installation, ranking #43 of 50 at $17,000 — about 12% above the national average.
Full local breakdowns: New Jersey · New York.
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