Price Guide: How Much Does a Piano Cost? (2024)

Price Guide: How Much Does a Piano Cost? (2024)

Purchasing your first piano is a big decision. Before you bring one of these beauties into your home, you must clearly understand the price ranges and all available options to decide what piano would work best for you. So how much does a piano cost?


  • The most critical factor determining the price point is the category of the piano. 
  • Digital pianos’ pricing ranges between $100 – $3,000, depending on the quality and brand.
  • The average cost of a new upright piano price ranges between $3,000 – $25,000
  • Baby Grand Pianos and Grand Pianos start from $4,000 and go up to $100,000+ for the most expensive pianos.

How Much Does a Piano Cost: Factors Influencing the Price

I will walk through the different types of pianos, from digital to used uprights to brand-new grand pianos, and help you understand their pricing.

We’ll begin by looking at the factors that influence the overall cost. I’ll also give you some tips on finding a used piano in good condition and at a reasonable price. We’ll also cover purchasing a new instrument.

Types and Options

The piano types and options cater to the needs and preferences of musicians at every level. There are many popular types of pianos: Digital pianos, upright pianos, baby grands, grand pianos, and some lesser-known types. 

Digital Pianos

How much does a piano cost: Digital Pianos
Digital Pianos don’t cost as much money as acoustic piano models.

Digital pianos have become popular recently, providing a more affordable and space-conscious alternative to their acoustic counterparts. Their quality today is better than ever!

They come in many forms, from electronic keyboards to more advanced, realistic models that closely mimic the sound and feel of an acoustic piano.

There are some benefits to digital pianos; no regular tuning is required, and there’s very little maintenance. 

Some of today’s latest digital pianos are incredibly high quality and compare closely to some acoustic pianos. You can also enhance the sound by getting speakers for your digital piano, however most come with incredibly realistic-sounding built-in speakers.

Upright Pianos

How much does a piano cost: Upright Pianos
Upright Pianos can be a great deal when space is an issue, and they are definitely more affordable than the larger pianos.

Upright or vertical pianos are the most common type of acoustic piano found in homes and smaller venues. They come in different sizes and price points, from affordable entry-level models to higher-quality instruments made by well-respected piano manufacturers.

Baby Grand Pianos

How much does a piano cost: Baby Grand Pianos
Baby Grand Pianos are popular in North America for professional pianists when the space is smaller than a concert hall, but only the very best is still the only option.

Baby grand pianos are a smaller and more affordable version of the grand piano, making them a popular choice for those seeking a grand piano’s elegance and sound quality without space requirements or a higher price tag.

Grand Pianos

How much does a piano cost: Grand Pianos
Grand Pianos are the very highest standard in horizontal pianos. Grand piano sizes vary and the top mocels are called Concert Grands.

Grand pianos offer the highest sound quality and craftsmanship. These majestic instruments grace the stages of concert halls and professional musicians‘ homes, with renowned brands like Steinway & Sons at the forefront of their production.

Looking Deeper

Many factors influence the pricing of pianos, including the instrument’s condition. Additional services by piano technicians and professional piano movers should also be accounted for when considering the overall cost of a piano. 

There are also advantages and challenges to buying a new versus used piano.

Pricing Factors for Pianos

Piano prices can vary greatly, depending on several different factors. 

Number one

The Type of Piano

One significant factor is the type of piano: digital pianos are generally more affordable than acoustic pianos. 

Number two

The Brand And Reputation

The brand and reputation of the piano manufacturer can also influence the price, with renowned brands like Steinway pianos and Baldwin pianos commanding higher prices.

Number three

The Size Of The Piano

Additionally, the size of the piano, such as the difference between a baby grand and a concert grand, can affect the cost. 

Number four

Other Elements

Other elements, like the condition of the instrument, materials used, and craftsmanship, all contribute to the final cost of a piano.

Buying Used Pianos: Tips and Considerations

A good quality used model can be a great way to save money while still acquiring a quality instrument. Pay close attention to the instrument’s condition and consult a piano technician to ensure it is in good working order. 

Look for pianos that have been well-maintained by their previous owners, which can significantly impact their sound quality and longevity. Remember that used pianos may require additional tuning, repairs, or maintenance that could cause some additional costs.

Also look for known quality brands; Steinway, Wurlitzer and Yamaha are just some of the many well known, high quality brands worth considering.

A used upright piano could be a great option if you have limited space but prefer acoustic instruments.

New Pianos: Benefits and Factors to Consider

Investing in a new piano has several advantages: A manufacturer’s warranty, better quality control, and the assurance that your instrument has not been subjected to wear and tear. 

Research different piano makers and compare retail prices to ensure you get a fair deal when considering a new piano. Remember that factors like the size of the piano, materials used, and the level of craftsmanship can influence the price. 

Consider the space in your home and compare the room and piano measurements. A baby grand could be a great alternative if you don’t have a large room for a new grand piano.

The Total Cost of Owning a Piano: What to Expect

The cost of a piano goes beyond its initial purchase price. Piano lessons, maintenance, and moving expenses can add up. Before committing to an expensive piano, you should have a solid idea of the extra cost. 

Piano lessons can vary in price, depending on the teacher’s expertise and the lessons’ frequency. 

Regular maintenance, including tuning and repairs, is essential to keep your instrument in optimal condition, which may incur additional costs. 

If you plan to move your piano, especially during a long-distance move, hiring professional piano movers is highly recommended to ensure the safe transportation of your instrument. 

These expenses and the initial cost of the piano contribute to the overall cost of owning a piano.

Choosing the Right Piano for Your Needs

Choosing which type of piano is right for you can be challenging. Consider your skill level, budget, and available space when deciding. 

Digital pianos or low-end uprights can be a more affordable option for beginners or those with limited space. Investing in a higher-quality upright or grand piano might be more suitable if you are a more experienced player or have a larger room. 

Ultimately, your best piano will depend on your needs and preferences.

Frequently Asked Questions

How often should I have my piano tuned?

Having your piano tuned at least twice a year is recommended. However, new pianos or pianos that have been recently moved may require more frequent tuning. Consult with a professional piano technician to determine the best tuning schedule for your instrument.

What is the difference between a grand and upright piano?

Grand pianos are horizontal with longer strings and larger soundboards, contributing to their richer sound quality. Upright or vertical pianos are more compact, with the strings and soundboard positioned vertically. Grand pianos are considered higher quality but are more expensive and require more space.

Are digital pianos a good alternative to acoustic pianos?

Digital pianos can be an excellent option for those with limited space or budget. They offer a variety of features, such as different sounds and built-in metronomes. They can closely mimic the feel of an acoustic piano. However, some musicians may prefer an acoustic instrument’s authentic sound and feel.

What should I consider when purchasing a used piano?

When buying a used piano, pay close attention to its condition, maintenance history, and overall sound quality. Having a piano technician inspect the instrument before finalizing the purchase is a good idea. Additionally, consider the cost of any necessary repairs or tuning.

How do I determine the correct size piano for my space?

Measure the available space in your room and compare it to the piano dimensions you’re considering. Remember that grand pianos require more space, while upright and digital pianos are generally more compact. Remember to account for additional space needed for a piano bench and maneuvering room while playing.

How much does it cost to move a piano?

The cost of moving a piano can vary depending on factors such as the size of the piano, the distance of the move, and whether stairs are involved. A local move may have a flat rate, while long-distance moves might be charged hourly. Always hire a professional piano moving company to ensure the safe transportation of your instrument.

How can I find a reputable piano store near me?

Research online reviews and ask for recommendations from fellow piano owners or music teachers. Many piano stores offer a wide selection of instruments from reputable manufacturers and have knowledgeable staff who can guide you through the buying process. They should have reasonable prices on a full range of pianos, from a lower end to a new Steinway.

What is the typical price range for a new piano?

The price range for a new piano can vary greatly depending on the instrument’s type, brand, and size. Entry-level upright pianos may start at a few thousand dollars. High-end grand pianos from prestigious manufacturers like Steinway & Sons can cost over a hundred thousand dollars.

Is it possible to find free pianos?

Occasionally, people may offer free pianos if they no longer have space or can’t afford to maintain them. Monitor local classified ads, social media groups, or community bulletin boards for such opportunities. However, be cautious and ensure the piano is in good condition before taking it home since you’ll be responsible for any necessary repairs or maintenance.

Is it legal to own a piano with ivory keys? 

It is legal to own a piano with ivory keys. However, strict regulations surround the sale, transportation, and import/export of ivory items, including pianos with ivory keys. Check local laws and regulations before selling or transporting an ivory piano.

What is the main difference between an upright and console piano?

An upright and console piano’s main differences are their size and soundboard dimensions. Console pianos are smaller and have smaller soundboard, making them suitable for smaller spaces and home use.

On the other hand, Upright pianos are taller with a larger soundboard, resulting in a more powerful and resonant sound, making them ideal for professional musicians and institutions.


Choosing the right piano is a significant decision. It requires careful consideration of your budget, skill level, available space, and personal preferences.

We looked at different types of instruments, their price ranges, and factors to consider when purchasing new or used pianos. 

By understanding the intricacies of piano costs and ownership, you can make a well-informed decision that suits your needs and helps you achieve your musical goals. 

From a beginner looking for an affordable digital piano to a professional seeking the rich sound of a Steinway grand piano or someone in between, there’s a perfect piano out there for you.

Take your time to research, visit piano stores, and try out various models to find the perfect piano that resonates with you.

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