I have had a tankless water heater for 34 yrs with an oil furnace. Started out with 4 people, 2 adults, 1 child and an infant. Lots of washing, clothes & dishes. Down to 2 adults now. Have never run out of hot water. Have nothing to compare prices with as it was put in when the house was built. Once about 15 yrs ago, I did have it cleaned out to get rid of any sediment per recommendation of the oil company.