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The type of rewiring project can impact the cost to rewire your home. If you need to upgrade your electrical panel, open walls to run wires, install new electrical outlets or switches or wire a new home, you’ll see a difference in prices. Here’s a breakdown of the cost to rewire a house by the project type.
If your electrical panel needs replacing, you might need to add a new panel to the total cost to rewire your home. Electrical panel replacement costs fall between $400 and $2,500. Most homeowners will pay somewhere in the middle of this price range for a 200-amp panel.
If you need to open walls to run wires through your home, the cost to knock down walls falls between $0.40 and $6.40 per square foot. Load-bearing and stone walls cost the most to open, as they require more skill and costly replacement materials, while drywall is a fast and simpler material to open and replace.
Electrical outlet installations cost between $125 and 175 per outlet. If you are replacing a GFCI outlet (also known as a ground-fault circuit interrupter) you could pay up to $500 per outlet. The higher the voltage, the higher the price of the outlet. If you’re upgrading outlets to a higher voltage, anticipate spending more on labor for your electrician to install a new circuit.
Wiring a new house may be cheaper than rewiring an old house. Newer homes typically have easier layouts for accessing wires and installing new ones into the wall. Additionally, older homes can come with many hidden surprises, as building regulations have changed over the decades to make it easier for electricians to access the walls.
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