how much have water heater prices risen since 2019?

[Pman6]

plumbers.... apples to apples, how much have water heater prices risen since 2019?

I'm wondering if prices might come down, or if they will just keep them elevated

 

[Breplum]

35 years ago, a 30 or 40gal cost us $100. before tax. Can't look back. We raise rates in the face of inflation and that is the eternal story.

 

[Sponsor]

 

[Tuttles Revenge]

Quickly looking up a project from 2018.. Rheem 50gal electrics I was buying for close to $400. Looks like we're paying $550 now.

 

[Pman6]

so about 37% increase in 4 years.

seems like manufacturers have no incentive to lower prices

 

[WorthFlorida]

Here is part of it. Water heaters of tank type are mostly made from steel.

What are 232 tariffs on steel?
On March 8, 2018, President Trump exercised his authority under Section 232 of the Trade Expansion Act of 1962 to impose a 25 percent tariff on steel imports, with exemptions for Canada and Mexico, to protect our national security.