I was just last month quoted 15-23k for an install in the mountains of Idaho. I got a competitive quote and the price was similar.
If it cut my electricity bill in half it would take 10-20 years to break even.
If it cut my electricity bill in half it would take 10-20 years to break even.
We recently upgraded our central heat pump as the old one died after 15 years or so. IIRC the total was $13k CAD, so around 9-10k USD, which included indoor and outdoor units for a roughly 3000sqft house, with installation. But all the ducting was there already, so it was just a matter of swapping out old unit for new. (Got some nice government grants too, so it was only a few k out of pocket.)
Presumably there is a useful life on your existing heating system. At some point it would need replacing?