How Much Does a Home Elevator Cost?



This Freedom hydraulic elevator’s cost can be influenced by many design choices

On average, an elevator should cost between $20,000 and $35,000. But many factors can affect the price of an elevator: Cheaper elevators can be as little as $18,000, and the most expensive can reach a heart-stopping cost of $100,000, depending on the specifics of the lift you choose.

At Nationwide Lifts, we know that the cost of home elevators can be a major concern when you’re considering adding a lift to your house, which is why we’ve put together this elevator cost guide, covering factors that can influence the price of your lift. Keep in mind that we also can help you find financing options to bring this cost within reach.


Factors Affecting Average Elevator Cost


We know that $20,000 to $35,000 is a large range, and there are lot of factors that will determine where in that range the cost of your home elevator will fall. Take a look at some of the things that can influence the cost of an elevator.

Size

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. 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 more.

Drive System

The driving mechanism behind your elevator has a lot to do with how much it costs. A full-sized, traditional 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.

How Much Does a Hydraulic Elevator Cost?

A hydraulic lift typically costs $20,000 to $30,000, but installation expenses can drive that number higher: Hydraulic elevators usually require that a pit and machine room be built, and this construction will increase the price.

Hydraulic elevators are typically larger and have higher weight limits. They use a hydraulic arm and fluid to move the elevator cab between floors. This type of system is popular not only because it’s quiet but also because of its incredibly smooth ride. People who use a wheelchair would benefit from the large cab space and smooth ride of a hydraulic elevator.

How Much Are Cable Elevators?

A cable elevator in your home will cost you around $25,000. Cable-driven elevators are a middle-of-the-road option when it comes to pricing. An elevator with a winding drum system does not provide the silent, smooth ride that the hydraulic drive provides; however, this system is very dependable. If finances are tight, you can rest assured that an elevator with a winding drum system could save you a lot of money, especially on installation. But cable-driven elevators need a track, motor, and cable system installed, which can take a while.

What Does a Pneumatic Elevator Cost?

Pneumatic elevators are the most affordable home elevator option, costing closer to $10,000 to $15,000. The great thing about pneumatic elevators is they are self-supporting, so they never need a pit or machine room. Their simple design has kept the average pneumatic elevator cost in an affordable range.

Pneumatic lifts use vacuum technology to literally suck the elevator cab up to the next floor. They can be attached to a balcony or fit through a hole in the floor, making installation quick and easy. Some models of pneumatic elevators are built small enough for a single rider, and others are large enough to accommodate someone in a wheelchair.

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, so if you don’t want to be tempted by styles and finishes, choose a contemporary tube elevator for your home.

These add-ons will add to your overall home elevator price:

  • Automated doors
  • Automated doors
  • Custom-designed shaft
  • Upscale materials or features
  • Access for more than two floors

How Much Does it Cost to Install a Residential Lift in Your House?

To determine how much it might cost to install an elevator in your home, it will help to break things down by component. These estimated elevator price ranges might give you a clearer picture of how much it will cost to install an elevator.

  • Cab: $10,000 to $50,000
  • Entry Doors: $3,00 to $5,000
  • Safety Features: $5,000 to $2,000
  • Electric Panels and Phone Installation: $500 to $2,000
  • Finishing and Décor: $300 to $1,000
  • Inspection: $50 to $200

These numbers are estimates and subject to change, but they should give you an idea of what kind of installation costs to expect.

Frequently Asked Questions


How Much Does Elevator Maintenance Cost?

The average labor cost for elevator maintenance is about $75 to $100 an hour, with additional costs incurred if parts are needed for repairs. Most elevators need maintenance once or twice a year.

How Long Does it Take to Put In an Elevator?

This depends on how much site preparation is needed. Once a site is prepared for an elevator, a crew could be finished with installation in as few as four days. If the site needs preparation like the construction of an elevator pit, you can expect the process to take about four to five weeks from start to finish.

Are Home Elevators Safe?

Yes. As long as home elevators are used in accordance with their safety instructions and receive regular maintenance, they can be very safe. In many cases, they’re safer than stairs.

How Can I Find the Exact Cost of One of Your Affordable Home Elevators?

We’d love to provide you with a free quote detailing how much your specific project will cost! Just get in touch with us online or by phone and we’d be glad to give you all of the information you need to choose and purchase the right elevator for your house.


Click Here to Get a Quote!



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There is simply no other company that can offer you all of this.

If you are looking for a customized quote or just want to ask a question, get in touch with Nationwide Lifts today to start talking to a Home Elevator expert.