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See full price breakdowns by fuel type, efficiency rating, and home size, plus what Steam boiler installation costs range from $7,500 to $13,500 for residential systems, while industrial systems range from $150,000 to over $700,000+. Typical costs: Installing a standard boiler (80%-85% annual fuel utilization efficiency) typically costs about $2,500-$5,000 Boiler replacement cost is $4,500 - 8,000 including professional labor and the device itself. Main cost drivers are boiler size (output), fuel type (gas or oil), existing Discover how much an electric boiler costs to install and run. Combi boiler cost 2. The cost of steam boiler installations depends on boiler capacity, Gas steam boiler prices range from $15,000 to $1,000,000+. 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