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How Much Does a Piano Cost?

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By Can I Afford It · How we calculate this

A close-up of black and white piano keys at an angle, no fallboard or brand name visible, no people.

Because a piano is typically a one-time cost, your estimate weighs the price against roughly three months of your budget, treating it as a stretch purchase rather than a monthly bill.

These key factors affect piano affordability

Income and expenses

A piano is squarely a want rather than a need, so it's worth checking what's actually left over after rent or a mortgage, a car payment, and any other debt before committing several thousand dollars to one. That's a different question than whether you can technically make the payment work this month.

New, used, or digital

An acoustic piano - new or used - costs a lot more than a good digital keyboard, and used acoustic pianos vary widely in price depending on age, brand, and condition. A digital keyboard is a common lower-cost way to start, especially for a beginner.

Ongoing costs

An acoustic piano needs periodic tuning and occasional maintenance, and moving one later can cost more than moving most other furniture - worth factoring in beyond the purchase price.

How to use your results

  • Compare an acoustic piano against a digital keyboard for the same budget.
  • Include moving and tuning costs if you're buying an acoustic piano.
  • Check used listings, which can offer significant savings over a new instrument.

Ways to make a piano more affordable

  • Consider a digital keyboard, especially to start, if an acoustic piano is a stretch.
  • Check used listings from individual sellers, which are often priced well below retail.
  • Factor in tuning and moving costs upfront so they don't come as a surprise later.

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Peer comparison data

Bureau of Labor Statistics (median income by age), Experian (credit score by age)

Used by the “how you compare” figures in the sidebar, not by the costs on this page.

Every figure on this site, with its source and the date it was last verified

How you compare

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$60,000Your$59,800Median

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