The cost to install a residential elevator can range from $10,000 to $50,000 depending on the type of elevator and the features that are included. For example, a hydraulic elevator typically costs less than a traction elevator. Additionally, the cost of installation may be higher if there is an existing electrical or mechanical system that needs to be modified to accommodate the new elevator.

It depends on the size and features of the elevator, but a basic home elevator typically costs between $10,000 and $20,000 to install. Some factors that will affect the price include the following: -The size of the elevator cab -The number of stops -The type of door (standard or sliding) - whether or not the elevator is UL listed - The freight charges for shipping and installing the unit Additional costs may also be incurred for modifications to your home's electrical system, plumbing, or framing. It is always best to consult with a local contractor who can provide an accurate estimate for your specific project.