Heat Pump Installation Cost in Indiana
Heat pump installation in Indiana costs $5,800 to $14,300 in 2026, though city-to-city prices vary quite a bit. Heating drives most HVAC spending in Indiana: its larger communities average 5,683 heating and 967 cooling degree days a year.
Heat Pump Installation Prices in Indiana Cities
| City | Estimate | Heating / cooling degree days |
|---|---|---|
| Indianapolis | $5,700 to $14,000 | 5,703 / 946 |
| Fort Wayne | $5,600 to $13,700 | 5,967 / 849 |
| Evansville | $4,800 to $11,800 | 3,882 / 1,771 |
| Fishers | $7,600 to $18,600 | 5,758 / 919 |
| South Bend | $5,400 to $13,200 | 6,235 / 736 |
| Carmel | $8,000 to $19,600 | 5,758 / 919 |
| Bloomington | $5,600 to $13,700 | 5,281 / 1,068 |
| Hammond | $5,500 to $13,400 | 6,349 / 858 |
| Noblesville | $6,900 to $16,900 | 5,758 / 919 |
| Lafayette | $5,400 to $13,200 | 5,823 / 883 |
| Greenwood | $6,200 to $15,100 | 5,703 / 946 |
| Gary | $5,400 to $13,100 | 6,170 / 808 |
| Muncie | $5,100 to $12,600 | 5,262 / 1,172 |
| Westfield | $7,500 to $18,400 | 5,758 / 919 |
| Kokomo | $5,400 to $13,100 | 6,059 / 833 |
| Terre Haute | $5,100 to $12,400 | 4,892 / 1,473 |
| Anderson | $5,200 to $12,700 | 5,473 / 977 |
| Elkhart | $5,300 to $13,100 | 6,115 / 792 |
| Jeffersonville | $5,500 to $13,400 | 4,140 / 1,642 |
| Columbus | $5,900 to $14,500 | 5,082 / 1,127 |
| Mishawaka | $5,400 to $13,300 | 6,235 / 736 |
From 2020 through 2025, NOAA recorded 605 winter storm and ice events, 215 heat events, 231 extreme cold events and 792 hail reports in Indiana. Those are the days when emergency HVAC calls pile up.
When It Makes Sense
- Your AC needs replacing, and you'd like cheaper heat at the same time
- The house heats with electric baseboard, oil or propane
- Energy bills are higher than you want them to be
- There's no natural gas service on your street
What Moves the Price
- Size in tons, and whether the unit is cold-climate rated
- Variable-speed (inverter) or single-stage compressor
- A ducted system or a ductless mini-split
- Backup heat, either electric strips or a gas furnace (dual-fuel)
- Electrical panel capacity and wiring
Common Questions
Do heat pumps work in cold weather?
Yes. Cold-climate heat pumps keep making heat well below 0°F. They lose efficiency as it gets colder, so many homes in cold regions keep backup heat.
How long does a heat pump last?
Usually 12 to 15 years. A heat pump runs year-round, so it needs maintenance twice a year rather than once.
Other HVAC Prices in Indiana
- Furnace Replacement in Indiana
- Furnace Repair in Indiana
- AC Installation in Indiana
- AC Repair in Indiana
- Heat Pump Repair in Indiana
- HVAC System Replacement in Indiana
- Ductless Mini-Split Installation in Indiana
- Emergency HVAC Repair in Indiana
- HVAC Tune-Up & Maintenance in Indiana
- Boiler Replacement in Indiana
- Air Duct Cleaning in Indiana
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