Cost Of Elevator



The cost of home elevators can vary drastically, and if you're in the market, it's important to know how much you should be paying. On the conservative end, a home elevator can cost from $5,000 to $10,000 just to install. On average, an elevator should cost you between $19,000 and $25,000. Cheaper elevators can be as low as $10,000 and the most expensive can reach a heart stopping cost of $100,000. Take a look at some of the following factors that can seriously impact the cost of an elevator.

Size – First and foremost the size of your elevator cab can drastically affect the price of your elevator. Going with a smaller cab can help keep the price down; however, opting for a larger cab can cost you. The average cab size for an in home elevator is 35 inches wide by 48 inches deep. The standard size is plenty big, but if you need to upgrade, be prepared to pay.

Drive System – The driving mechanism behind your elevator has a lot to do with how much it costs. A full-sized, traditional powered elevator with a machine room, cables, and pit will cost significantly more than a hydraulic elevator or pneumatic elevator that does not require as many moving parts, oils, or maintenance. If finances are an issue, choosing an elevator with a simpler drive system could help cut costs significantly.

Style – The style and design of your in-home elevator is also a price factor. Heavy details and extra finishing aren't cheap, so if aesthetics are especially important, be prepared to spend a little more. Contemporary, pneumatic elevators aren't as customizable as traditional drive shaft elevators. If you don't want to be tempted by styles and finishes, choose a contemporary tube elevator for your home.

Elevators are costly, so make sure you know exactly what you and your family needs before agreeing on installation. The cost of an elevator should reflect your household needs.

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