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How much does a new boiler cost in 2024?

The prices in this cost guide are accurate as of 2024*

Illustration of a range of boilers and what it costs to replace them
Different types of boilers and their costs

Is your boiler old, broken, out of warranty, or simply not working as well as it used to? This might be a sign that it’s time for a new boiler. Whatever the reason, a new boiler comes with lots of benefits.

For starters, old boilers have a much lower efficiency percentage than more modern models. This means that, over time, a new boiler will save you money by reducing your energy bills. Since heating and hot water make up over half of your yearly energy bill, a very efficient boiler is a worthy investment.

A new boiler will also cut your carbon footprint. Upgrading appliances to more eco-friendly and energy-efficient models is an incredibly worthwhile home improvement, because it can also increase the value of your property.

Picture of a boiler in a cabinet

On average, a new boiler installation will cost you between £2,500 and £3,500.

The prices in this guide will always clarify where a sum includes cost of labour and materials, and where the price is referring to them separately. Lastly, the prices in this guide do not include VAT. 

Expect to pay more if you live in London and the Southeast, where cost of labour can rise by up to 20% on average.

This guide includes:

Conclusions 

A new boiler might seem like an expensive item to replace, but old boilers are nowhere near as efficient as more modern models. A new boiler can help you save money on your heating bills, lowering your carbon footprint in the process.

Which boiler you decide to go with will depend largely on what you already have, and what kind of boilers your home would be well suited for. How much warm water you need (and how much you run hot water from multiple taps at the same time) will also determine your choice of model.

If you think it’s time to upgrade your boiler, let us know what you have in mind, and get some free quotes today.

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*The Rated People cost guides are produced in collaboration with the quote-building platform PriceBuilder, and a range of tradespeople across the 30+ trades on our platform were consulted. Please note that the prices included are for guidance only – how much you end up spending will depend on the specific requirements of your project.

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