Home Elevator Costs USA 2023:
How Much Does It Cost?

Residential Elevators Cost / Home Elevators Cost

 What is the average cost of a home elevator? Or what does a homelift cost? And how much does a residential elevator cost? These are all common questions. But the cost of home elevator products can differ based on how a residential elevator company presents their pricing and quotation.

Things to check for are whether the quotation includes everything involved in the process of installing the lift. Site work and preparation can be costly if it is not attached in the original residential elevator cost. A fully itemized quotation, with the cost of the home elevator installation and all building work, based on any site survey carried out, should always be included.

How Much Does a Home Elevator Cost?

If delivery charges are not included from the start in the home lift cost, this might be a sizeable amount that a customer was not expecting to pay as part of the in home elevator cost. Any professional home elevator company will always include shipping costs as part of the overall house elevator cost, so no nasty expensive surprises crop up later down the line. Some owners might be put off by the cost of an elevator without realizing that the cost to add elevators to the home can be affordable.

Cost of Elevator in Home (different types)

The four main types of home lift available are hydraulic, traction, vacuum and non-hydraulic. The cost to install an elevator in the home will depend on what is involved, and home elevator lift prices massively vary from supplier to supplier. The below can be considered an estimated home elevators price list.

Home Elevator Cost (Hydraulic Lift Cost) – How much do home lifts cost?

The lead-in cost for a hydraulic home elevator based on a standard installation, is around $30,000. A hydraulic lift operates using a pump which transfers hydraulic fluid to a jack allowing the lift to be pushed up and down by a piston at its base. This style of residential elevator requires a lot of floor space, and a separate machine room – meaning the homeowner will have to sacrifice an additional space in the home for this to be located. Hydraulic lifts include more elements which need regular maintenance when compared with other home elevator types, meaning the financial investment can be a longer-term commitment.

Home Elevator Cost (Traction) – How much does it cost to put a lift in a house? For Traction ones, this is a more costly option than the hydraulic home elevator and, based on a standard installation, the average cost of a home elevator could be around $35,000. Traction residential elevators operate with a lift shaft using cables and a counterweight. This residential elevator also has steep ongoing maintenance costs, as to remain safe, the cables are said to need to be replaced once every five years. This style of elevator can also be a rather bumpy ride as its mechanism does not allow for such a smooth motion as other types of elevators.

Home Elevator Cost (Vacuum) – This lift has a self-supporting design, and it moves using air pressure, pumps and turbines which pull the lift upwards and then float the lift back down with no pit or hoist needed. So how much do vacuum home elevators cost? Vacuum residential elevators cost around $35,000.

Home Elevator Cost (Non-Hydraulic) – At Lifton Home Elevators, the company is leading the way with an innovative, versatile and affordable non-hydraulic home elevator option which allows users to enjoy the luxury of an elevator in the home. How much does a small residential elevator cost or single person elevator cost? The LiftonDUO is a single person elevator and typically, the cost of a residential elevator is on average $18,000 and approximately $26,000 for the LiftonTRIO.

More about Lifton Home Elevators

The Lifton Home Elevator is a capsule-shaped residential elevator which is timeless with a neutral colorway and impressive engineering. Powered by a quiet motor drive system, discreetly concealed under the lift lid, the elevator plugs straight into a standard domestic power socket with no requirements to re-work any electrics or pipework. Energy efficient, the Lifton elevator can be located virtually anywhere in the home due to its ‘plug and play’ design.

 Lifton home elevators require no lift shaft, pit or separate machine room and are built to support themselves on two slimline rails meaning they are not limited to an area in the property with a wall. The elevator offers flexibility, freedom and independence and has one of the smallest footprints on the market.

How much does it cost to install an elevator?

Comfortably accommodating two passengers travelling between floors in under 30 seconds, the residential elevator can be installed in as little as one day with minimal disruption. The only work required to be undertaken by a professional building company is a small opening in the ceiling for the lift to pass through between floors. All installation fees will be included in the cost of adding an elevator to a house.

Unlike a hydraulic, traction or vacuum lift, the non-hydraulic Lifton Home Elevator has an extremely competitive price point and is usually more affordable than other residential elevators available. That is why when homeowners weigh up Lifton home lift costs against the cost of home lifts which are more conventional in style, they are pleasantly surprised.