New appliance pricing ranges from $190 to $10,600, depending on their type, size and functions. Expect to spend $320 to $4,030, or $2,175 on average, unless you want a budget model or one with all the bells and whistles. Small chest freezers cost the least, while fancy refrigerators are the most expensive.
Updated February 22, 2022
Written by HomeAdvisor.Expect to pay an average of $2,175 for each new home appliance. Our appliances connect us, entertain us and make our lives easier. We depend on our refrigerators, stoves, dishwashers, washing machines and the rest to help us maintain our lifestyles. Whether we need to install new appliances or repair existing gadgets, the money spent is a sound investment.
| Appliance Type | Low End | High End |
|---|---|---|
| Refrigerator | $430 | $10,600 |
| Chest freezer | $190 | $1,700 |
| Upright freezer | $400 | $1,650 |
| Range | $410 | $7,500 |
| Cooktop | $320 | $4,030 |
| Double wall oven | $1,800 | $6,560 |
| Dishwasher | $330 | $1,900 |
| Washing machine | $445 | $2,300 |
| Clothes dryer | $445 | $2,100 |
Although they are $2,175 on average, appliances often get more expensive as their size and capacity increases. Refrigerators, in particular, have the biggest price difference between sizes. Keep in mind that bigger isn't always better. Take into account the size of your family or the number of guests you serve as well as the available space you have for the appliance.
| Cubic Feet of Space Inside | Price Range |
|---|---|
| 11-13 | $425-$2,800 |
| 14-16 | $555-$3,000 |
| 17-19 | $610-$2,600 |
| 20-22 | $655-$9,400 |
| 23-25 | $1,100-$9,900 |
| 26-29 | $1,200-$9,130 |
| 30 and up | $8,000-$10,600 |
Appliances with a higher energy efficiency rating are often $30 to $200 more expensive. These are often a better value since they earn you back that investment over time with lower utility bills. Look for the Energy Star, which is an international symbol that tells you the appliance uses minimal water and power.
Expect to spend around $10,875 on average for appliances if your new home does not come with any or they need replacement. It could cost up to $24,400 you want smart appliances or other high-end models. Either way, that investment gets you a refrigerator, range, dishwasher, washing machine and clothes dryer. You have to spend more to add a freezer or switch to built-in appliances, like a cooktop and wall oven.
Repairs are around $170 per machine, while refinishing an appliance costs $430 on average. The cost of fixing each machine varies greatly depending on the type of appliance and the extent of the wear or damage. If you complete appliance maintenance, your machines may have less wear and tear, resulting in lower repair costs.
When you purchase an appliance, it's important that you consider the length and coverage of the warranty. Many appliances have coverage for just a few months, while others have a lifetime guarantee. When the cost of appliance repair is covered by a warranty, it sometimes is only honored if you have the manufacturer do the work.
Make sure you check the details of the warranty before calling an appliance repair pro near you. Some appliances cost more at the point of purchase but carry a longer or more comprehensive warranty, making them a better buy overall.
You do not always have to pay full retail price when buying appliances. Hardware stores often knock a few hundred dollars off the total price when you purchase multiple appliances at once. Retailers may also have open box or clearance models available at a discount. You can even look to appliance manufacturers for rebates that refund a portion of the price.
When installing new appliances, it's important to check that the power and water hookups are in the right places. If you need to upgrade the outlet or move the plumbing to install the new appliances, expect the costs to increase.
In the past five years, we've all become much more sophisticated in our appliance-shopping strategies. We compare prices with a few mouse clicks. We also can go beyond low price tags and look at quality. What do reviews say about that brand of dishwasher? What kind of problems have arisen for owners of that refrigerator model?
A few minutes of research can quickly make it clear that paying for quality brands can save you big bucks in the life of an appliance. That research can also reveal what home appliances prices to expect from each brand.
The best time to buy new appliances is between September and January. This is when manufacturers start to release their latest models and retailers start to make space on their showroom floor. Stick to the end of the month as well since many salespeople want to meet their quotes and lower the price on request just to make the sale.
Refrigerators, washing machines and other appliances last about 10 to 15 years on average with regular use. It is best to go with a replacement if major parts fail, like the motor, or repair costs start to eat up your budget. New appliances are also a good choice when upgrading the rest of your kitchen or laundry room.
Appliances are often well worth fixing if they are less than 10 years old and otherwise in good working order. Compare the cost of the needed repairs to the price of appliance installation, delivery and the product itself. Also, factor in the cost of appliance removal near you unless the retailer offers that service.
Buying new appliances adds little value to your home but it does a lot to attract buyers’ interest and get them to place a bid. You might find it sells faster and at or above the asking price by making that move.
