The cost of installing a heat pump varies, but Homewyse estimates labor costs of between $590 to $860 as of March 2015. Parts and the need for special tools can add more than $100 to this cost.
In many cases, the cost of installing the heat pump can be significantly less than the cost of installing appropriate ductwork. Heat pumps also require a significant amount of electricity, so an electrician may need to be called in as well. Specialized plumbing is required for some systems. For those living in temperate areas, however, the high cost associated with installing a new system may be offset by lower heating and cooling bills.