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How Much Does a Home Elevator Cost in 2025?

A residential elevator is often assumed to be an expensive addition to a home. However, when compared to downsizing to a single level home and all the associated costs that come with moving, adding a residential elevator can be an affordable option. The addition of a residential elevator offers a safe and convenient solution for navigating between the floor levels of a home.

home elevator cost

In this post we will:

  • Provide an up-to-date average price range of a home elevator
  • Identify different types of home elevators and share why their pricing may differ
  • Review key cost factors that impact the price of a home elevator

Lets learn how much an elevator might cost for your home!

How Much Does a Home Elevator Cost?

Elevator in Home from Lifeway MobilityOn average, the price of a home elevator starts at around $35,000 and ranges upward to $80,000+, depending upon floors served, the configuration of the elevator cab, design options, and other considerations. The prices that we quote for our customers include tax, shipping, and installation fees. Other dealers may list a price that is lower than the price range we have given; however, their price may not include some of the above items.

Additional costs, such as permits, architectural costs, or the renovations to your home, such as site-prep construction, may be required to accommodate an elevator shaft.  We have excellent relationships with many building contractors and architects to help your project go smoothly and on time.

To find out an exact cost of adding a residential elevator to your home, please call (888) 714-1930 or contact us for a free quote. Please note that Lifeway Mobility offers residential elevators in select locations:

  • Colorado
  • Connecticut
  • Chicagoland
  • Indiana (northwest IN & greater Indianapolis)
  • Minnesota
  • North Carolina (greater Charlotte & Raleigh)
  • Ohio (greater Cleveland)
  • Pennsylvania (greater Pittsburgh)
  • Rhode Island
  • South Carolina (greater Greenville & Columbia)
  • Wisconsin (southeast & western WI)

Below we breakdown some of the main factors that impact the cost of a home elevator so that you can better understand how much an elevator will cost, depending on the elevator model that is best suited for your home space and your family's needs.

Types of Home Elevators:

Lifeway Mobility provides and professionally installs both traditional and through the floor (shaft-less) residential elevators. Each have their advantages, depending on the space available in the home and unique needs of the homeowner.

Through-the-Floor Home Elevator Pricing

through-the-floor elevator pricing

A through the floor elevator is an innovatively designed elevator that travels through a floor cut-out without an enclosure around it. This type of home elevator is also referred to as a shaftless elevator and is less expensive than a traditional elevator because it does not require the construction of a hoistway.

Pricing of through the floor style elevators typically ranges between $35,000-$60,000, varying based on the manufacturer of the elevator, size & weight capacity of the elevator cab, upgrade options, etc. This elevator style also provides more usable space in the home and will blend seamlessly with the décor of any home when not in use.

Lifeway Mobility offers the following through the floor elevators from the top-rated elevator manufacturers in the industry

 

Bruno Connect Through floor elevator from Lifeway MobilityBruno Connect Home Elevator
Savaria Telecab through floor home elevator price from Lifeway MobilitySavaria Telecab
Stiltz Through floor home elevator installed by Lifeway MobilityStiltz Home Elevator
 

Traditional Home Elevator Cost:

Traditional home elevators are enclosed in a hoistway and when not in use, they can look like a closet from the outside. The brands offered by Lifeway Mobility for the traditional elevator models are Savaria, Cambridge, and Inclinator. These elevator manufacturers offer several styles and design options, enabling you to pick a design that blends in with the décor of your home. A traditional style home elevator starts around $50,000 and scales up from there with a wide variety of configurations, drive systems, and options available.

traditional residential elevator installed by Lifeway Mobility

Glass Home Elevator Cost

Savaria Vuelift installed by Lifeway Mobility
Savaria Vuelift from Lifeway Mobility

If you're looking for a modernly designed elevator that does not require a hoistway, consider the glass acrylic elevator known as the Vuelift from Savaria. These types of elevators are more expensive than both the through-the-floor and traditional types of home elevators, starting around $80,000 and ranging upward from there.

The Vuelift standard glass style cab is available in a round or octagonal shape and there is a mini version with just one standard size/shape option. While this glass style elevator has the highest price tag of the three types of residential elevator models available from Lifeway Mobility, it offers an unmatched unique panoramic view of your home and will blend beautifully with the design and décor of it.

Other Home Elevator Cost Factors

Below are some additional factors to think about as some of these items can significantly impact how much you may end up paying for a residential elevator.

Number of Stops and Travel Distance:

The elevators that we install in homes serve between 2 – 6 levels. The cost increases with each additional stop and travel distance. Up to 50 feet of travel is allowed by ASME elevator code.

Lifeway Mobility technician completing installation of home elevator

Professional Home Elevator Installation:

Installation costs are a significant factor in the pricing of home elevator, and will vary depending on the type of elevator and the amount of site-prep and time required.

Cab Door and Landing Configuration:

An elevator cab can be designed with one door, opposite doors, or adjacent doors. However, it is most cost-effective for each level to load on the same side of the cab if possible. All doors installed by Lifeway Mobility are built in compliance with the ASME ANSI 3" x 5"  or 3/4" x 4" elevator safety rule. The rule selected will depend on the location of the installation and the client's preference.

Types of Gates and Doors:

sliding home elevator doors

Lifeway Mobility offers a variety of car gate and landing door options. This includes accordion car gates with decorative solid panels or all-metal panels.

Also available are sliding commercial elevator-style car and landing doors.

Automated Options: the car and landing doors can be provided as fully automatic. This upgrade provides easy access for power chair and wheelchair users.

Elevator Cab Finishes:

home elevator with wood floor installed by Lifeway Mobility

There are a number of finish options available for the inside of the elevator cab, including melamine, wood veneer, glass, mirror, décor complimentary millwork and raised panel options. The choices may vary depending on the type of elevator and your selections can heavily impact pricing.

Type of Drive System:

The elevator drive systems that are most common for the home elevators offered by Lifeway Mobility are:

  • geared counterweight
  • hydraulic
  • winding drum

The type of drive system that is utilized typically does not have a material effect on price.

Lifeway Mobility consultant providing free home elevator consultation in customer's home

Lifeway Mobility's local home elevator experts would be happy to help you learn more about residential elevator pricing and provide a free quote for the elevator model and designs you're interested in. We can work directly with your builder and architect as well.

Please call us at (888) 714-1930 or contact us to get an accurate cost estimate on an elevator for your home and schedule a free consultation.

Some of our locations also have a showroom where you can explore our designs and test ride an elevator in-person.

Additional Home Elevator Resources:


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