How Much Does a Fridge Cost?

By Geoffrey Sperring

November 19, 2025

Your refrigerator has condensation on the outside, and your food is spoiling on the inside. Does this sound familiar? When there's external condensation on a fridge or the interior isn't getting cold enough, it's a sign the insulation is soaked, and it's time to go appliance shopping.

This May Also Interest You: Will the Fridge Fit? How to Measure a Refrigerator

So, how much does a fridge cost? This article explains what separates budget, midrange and high-end fridges and how refrigerator costs vary based on size and features.

On Average, How Much Does a Fridge Cost?

The refrigerator market covers an extremely wide selection, from the most basic model with no frills to high-end models with features such as Wi-Fi connectivity and ice makers.

If you're confused, don't worry. This guide explains how to find a refrigerator that suits your needs and budget. The average purchase price of budget to midrange refrigerators is between $600 and $2,300 (CAD 830 and CAD 3,181), although high-end built-in models can cost as much as $10,000 (CAD 13,832) or more.

Top freezer refrigerators. Top freezer fridges are generally competitively priced. They tend to be energy-efficient because the freezer is situated away from the hot compressor. Prices range from $300 to $1,000 (CAD 415 to CAD 1,383).
Bottom freezer refrigerators. These units feature a pull-out freezer at the bottom, which is easy to access. The refrigerator portion is higher, and frequently used sections such as fresh-food drawers are easier to reach. The average prices for a bottom freezer refrigerators range from $700 to $2,000 (CAD 968 to CAD 2,766).
Refrigerator-only models. This type of refrigerator doesn't have a freezer and may be ideal if you already own a chest freezer. Also, some manufacturers make matching refrigerator and freezer combinations. Prices go from $800 to $1,800 (CAD 1,107 to CAD 2,490).
Beverage coolers. Beverage fridges keep drinks at the optimal serving temperature. They often include wine cradles, allowing you to store bottles on their side. Retail prices for beverage coolers range from $250 to $1,300 (CAD 346 to CAD 1,798).
Side-by-side refrigerators. More compact than matching refrigerators and freezers, a side-by-side fridge typically has a freezer on the left-hand side and a refrigerator on the right. These premium fridges sell for between $1,200 and $2,000 (CAD 1,660 and CAD 2,766).
French door refrigerators. A French door fridge provides a combination of bottom freezer and side-by-side refrigeration. It usually features a wide pull-out bottom freezer drawer and a full-width upper refrigerator with multiple storage options. The average price of a French door fridge is between $1,300 and $3,000 (CAD 1,798 and CAD 4,150).
Counter-depth refrigerators. These models aren't as deep as standard fridges and are designed to sit flush with kitchen cabinets. Some can be fitted with matching cabinetry panels for a customized look. Prices range from $900 to $2,400 (CAD 1,245 to CAD 3,320).
Smart fridges. These internet-connected refrigerators typically include an interactive touch screen and the ability to pair with your phone. They help reduce food waste through expiry date tracking, and their screens often double as mini TVs. Average prices start at $1,300 and go up to $3,500 (CAD 1,798 to CAD 4,841).

What Do You Get at Each Price Point?

Another way to look at refrigerators is in terms of their price point. This helps you decide which refrigerator best suits your budget. While price is often the determining factor, keep in mind that ENERGY STAR-certified refrigerators feature improved energy efficiency and insulation. Although they cost slightly more, this added efficiency can help you save on operating costs.

Budget Fridges

These are the lowest-cost refrigerators with few frills. They usually have a top-mounted freezer and basic thermostatic temperature control. Budget fridges are smaller, have fewer shelving options and lack extras such as water dispensers and ice makers. These refrigerators cost between $200 and $600 (CAD 277 and CAD 830).

Midrange Fridges

These refrigerators are larger and better suited for families. They usually have more sophisticated temperature controls and smartphone connectivity. The fridges may feature gallon door storage and filtered water and ice dispensers. They may offer humidity control for the crisper drawer and zoned cooling. Prices range between $600 and $2,300 (CAD 830 and CAD 3,181).

High-End Fridges

These large-capacity refrigerator models typically come in side-by-side or French drawer configurations. They may have a beverage section as well as a large freezer drawer. Smart cooling and humidity control are standard features. They're available in high-quality finishes and may offer customization options such as wood paneling. These refrigerators usually cost between $2,300 and $5,000 (CAD 3,181 and CAD 6,916).

How Much Does a Refrigerator Cost by Size?

Mini Fridges and Beverage Fridges

Application: Mainly entertainment areas and kitchenettes
Cubic Feet: 2–9
Price: $100–$400 (CAD 138–CAD 553)

Small Refrigerator

Application: Apartments and single-person households
Cubic Feet: 10–15
Price: $400–$1,200 (CAD 553–CAD 1,660)

Medium-Size Refrigerator

Application: Small spaces and small households
Cubic Feet: 16–20
Price: $600–$1,800 (CAD 830–CAD 2,490)

Large Fridges

Application: These are considered standard-size refrigerators
Cubic Feet: 21–25
Price: $1,000–$2,300 (CAD 1,383–CAD 3,181)

Extra-Large Refrigerators

Application: Large kitchens and people who entertain often
Cubic Feet: 26–32
Price: $2,300–$5,000 (CAD 3,181–CAD 6,916)

How Much Does a Mini Fridge Cost?

Mini refrigerators occupy a unique niche in the market. They're characterized by their extremely small size, typically between 1.7 and 4.5 cubic feet. Many fit on or under a counter. Cheap refrigerators may have no freezer, while top-end models typically offer a small separate freezer, temperature controls and adjustable shelves. Prices for a mini fridge range from $100 to $800 (CAD 138 to CAD 1,107), although built-in models can cost more.

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How Much Does Fridge Installation Cost?

Installation of a standard refrigerator is straightforward. The main considerations are delivery costs, power connection and a water supply for the ice maker and/or water dispenser.

Delivery charge. Depending on distance, delivery charges vary from $75 to $200 (CAD 104 to CAD 277). Some refrigerator retailers offer free delivery.
Stairs and doors. Some delivery companies charge an extra $10 to $25 (CAD 14 to CAD 35) for each flight of stairs they must navigate and a similar amount for reversing the refrigerator door.
Electrical outlet. If you need a new electrical connection, budget between $150 and $900 (CAD 207 and CAD 1,245) for an electrician to run wiring and install an outlet.
Water supply. If the refrigerator has a water or ice dispenser, having a plumber install a new water line could cost between $500 and $1,000 (CAD 692 and CAD 1383).

How Much Does It Cost to Dispose of an Old Refrigerator?

The refrigerants used in most fridges are powerful greenhouse gases. Units made before 1995 use CFC or HCFC refrigerants that damage the ozone layer. Other hazardous materials in older fridges include the foam insulation, which has ozone-depleting properties, as well as the oil in the compressor. For these reasons, the EPA requires companies that disassemble refrigerators to ensure the refrigerant gases were safely recovered.

Here are the most common ways to dispose of an old refrigerator:

Municipal waste. Most municipalities will collect and dispose of old refrigerators for a small fee, although you may need to wait for a scheduled pickup.
Private junk removal. Private junk contractors may collect a refrigerator right away, but the cost can range between $75 and $200 (CAD 104 and CAD 277) for the service.
Retailer take-back program. Some retailers may remove your old refrigerator through a take-back program. The cost for this service may be included in the price of a new refrigerator or charged separately. Expect to pay between $15 and $100 (CAD 21 and CAD 138).
Recycle center. Some recycling centers accept old refrigerators at a low or no cost, but you'll have to arrange transportation for the old unit.

Where and When Can You Find Deals on New Fridges?

Refrigerator manufacturers often release new models in May, so U.S. News & World Report suggests this is the best time to get deals on last year's models. Other times to look for good deals are during holiday promotions around Labor Day, Memorial Day, Presidents' Day and Black Friday, the day after Thanksgiving. You can also save money by buying a scratch-and-dent refrigerator with minor defects that's otherwise brand-new.

Where Can I Buy a Fridge?

The Spruce suggests these national retailers are among the best places to buy a fridge:

Home Depot
Lowes
Best Buy
AJ Madison
Costco
Amazon
Wayfair

How Long Does a Fridge Last?

The consensus is that a new refrigerator should last for at least 10 years, and most models will continue to work for 15 to 20 years, especially those made with high-end materials. However, like most manufactured goods, some may fail sooner. Signs of a failing refrigerator include:

Condensation on the outside
Damaged door gaskets
Warped doors that don't close properly
Poor cooling
Nonstop running without cycling

All CAD conversions are based on the exchange rate on the date of publication.

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