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How Much Does a Home Elevator Cost?

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

Lets learn how much an elevator might cost for your home in this blog post! 

How Much Does a Home Elevator Cost?

Elevator in HomeOn average, home elevators can cost between $28,000 and $35,000+ depending upon floors served, the configuration of the elevator car and other considerations. The prices that we quote for our customers include tax, permits, 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 the above items.

The price range listed above, however, does not include architectural costs, or the renovations to your home, such as construction, that are required to accommodate your new elevator.  We have excellent relationships with many building contractors and architects to help your project go smoothly and on time.

Get a free elevator quote for your home by calling us at (888) 714-1930 or contact us. Please note that Lifeway Mobility offers elevators in select locations, including Colorado, Connecticut, Chicagoland, Minnesota, eastern Ohio, western Pennsylvania, and Rhode Island.

In the meantime, we listed the factors that have an effect on the cost of a home elevator, so that you understand what you will be paying for if you decided it's the right solution for you and your family.

Types of Home Elevators:

Lifeway Mobility sells and installs both traditional and through the floor (shaft-less) residential elevators.

Through-the-Floor (TTF)

A through the floor elevator is an innovatively designed elevator that literally travels through the floor without an enclosure around it. This style elevator is also referred to as a shaftless elevator and is less expensive than a standard home elevator because it has many more standard features and does not require the construction of a hoistway. It provides homes with more usable space and matches the décor of your floor when it is fully down, and ceiling when it is fully up. The brands that we offer for the through the floor elevators are Pollock, Savaria, and Wessex 

Savaria TelecabPollock Shaftless Home Elevator
Savaria TelecabSavaria Telecab
Wessex Through-the-Floor ElevatorWessex Through-the-Floor 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 that we offer for the traditional elevator models are Savaria and Cambridge. Both manufacturers offer several styles and design options, which allows you to pick a design that blends in with the decor of your home.

traditional residential elevator installed by Lifeway Mobility

Glass Elevator Cost

If you're looking for a modern look 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. There is a standard configuration that is available in a round or octagonal model and a mini version with just one standard size option. While this elevator has the highest price tag of the three types of residential elevator models available from Lifeway, it offers a unique panoramic view of your home and will blend beautifully with the design and decor of it.

Vuelift glass elevator cost

Other Home Elevator Cost Factors

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

Type of Drive System:

The drive systems that are most common for the home elevators we typically offer are:

  • geared counterweight
  • hydraulic
  • winding drum

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

The Number of Stops and Travel Distance:

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

Car and Landing Configuration:

An elevator car can be designed with one door, opposite doors, or adjacent doors. However, it is the most cost-effective for each level to load on the same side of the car if possible. All doors installed by Lifeway are built in compliance with the 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.

Type of Gate and 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: Type of Finish:

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.


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

We will be more than happy to help you get the most accurate price for the model and design that you are interested in and even provide comparisons of more than one model if needed. We can come to your home to provide a free assessment consultation or work with your architect’s plans.

Additional Home Elevator Resources:

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