2026 Cost Data

Heat Pump Cost in Minnesota

Normal Range:$8,500 – $17,998

Heat pumps cost $11,000 on average in Minnesota, based on 68 real homeowner quotes.

15.8¢/kWh Zones 6, 7 1 Rebate 24 Cities
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Real Homeowner Data

What Minnesota Homeowners Actually Paid

Based on 68 real installation quotes from Minnesota homeowners.

Median

$11,000

68 crowdsourced quotes

Budget (25th)

$8,500

68 crowdsourced quotes

Premium (75th)

$17,998

68 crowdsourced quotes

Lowest

$1,060

68 crowdsourced quotes

Highest

$24,000

68 crowdsourced quotes

Cost by System Type

System TypeMedian CostQuotes
dual-fuel$15,38318
ducted$11,35513
mini-split$13,1787
geothermal$24,0001

Most Installed Brands

BrandMedian CostQuotes
Bryant$8,30311
Daikin$16,4648
Carrier$12,5787
Mitsubishi$19,6496
Lennox$12,0475
Armstrong$13,7504

What Homeowners Said

"

Quote for Armstrong 98% efficient gas furnace and Armstrong 3 ton heat pump.

Minneapolis area · 2025 · dual-fuel · Armstrong

$17,447

"

Quoted $8.5k additional for an air-source heat pump vs conventional air conditioner; includes a gas furnace since HP efficiency drops below ~20F. Bryant Evolution Series variable speed HP 454 and matching coil/furnace.

2025 · ducted · Bryant

$8,500

"

Option 1 includes equipment, removal/disposal of old unit, taxes, and permits; Bryant furnace + Bryant A/C; after rebates

2025 · dual-fuel

$6,778

Crowdsourced homeowner reports, collected and verified by WattFax. Updated monthly.

Incentives

Minnesota Heat Pump Rebates

Minneapolis Green Cost Share Bonus Rebate Program

city

$1,000

Frequently Asked Questions

How much does a heat pump cost in Minnesota?

The median cost for a heat pump installation in Minnesota is $11,000 based on 68 real homeowner quotes. Costs range from $1,060 to $24,000. dual-fuel systems average $15,383 while ducted systems average $11,355. Costs vary by city — use the calculator above for a local estimate.

What rebates are available in Minnesota?

The federal 25C tax credit (up to $2,000) expired December 31, 2025. Minnesota currently offers 1 state and utility program.

What does electricity cost in Minnesota?

15.8¢/kWh on average. Near the national average of 16¢/kWh.

Minnesota Heat Pump Costs by City

24 cities with local cost data.