How much does a water well cost?

The cost of a water well can vary greatly depending on several factors, including location, depth required, geological conditions, drilling method, type of well components used, the well contractor (who can provide a full quote if provided with all other factors), etc. It can range from approximately $1,500 to $15,000 on average or higher in some cases. Consulting with local well drilling companies and obtaining quotes based on specific well-construction requirements is the best way to determine the cost in a particular area.