How Much Does a Grand Piano Cost? All You Need to Know – 2023

Are you looking to buy a new grand piano for yourself? Do you know “how much does a grand piano cost?” If yes, then this article is not for you. However, this guide will be really helpful for those who have never been to a piano market or have never bought a piano.

There are several piano guides out there on the internet and in books, but they are very lengthy and need a lot of time to read and understand. This piano pricing guide focuses on the factors affecting piano pricing and the top piano brands.

Getting confused by the wide range of grand pianos available in the market is very easy. Even the sellers sometimes get confused about which one is worth buying. Read this article thoroughly to learn about the price points of different grand pianos in the current market.

Yamaha YDP144 Arius Series
Yamaha YDP144 Arius Series
  • Brand: Yamaha
  • Color: Black Walnut
  • Style: 144
  • Item Dimensions LxWxH: 54.5 x 17.75 x 32.95 inches
  • Item Weight: 83 Pounds
Yamaha YDP184 Arius Series Console
Yamaha YDP184 Arius Series Console
  • Brand: Yamaha
  • Color: Dark Rosewood
  • Style: 184
  • Item Dimensions LxWxH: 57.5 x 18.1 x 36.5 inches
  • Item Weight: 123 Pounds
Yamaha YDP164 Arius Series
Yamaha YDP164 Arius Series
  • Brand: Yamaha
  • Color: Dark Rosewood
  • Style: 164
  • Item Dimensions LxWxH: 54.25 x 17.75 x 34.25 inches
  • Item Weight: 92 Pounds

Factors Affecting the Grand Piano Prices

Before you go to the market to buy a piano, you should know the factors that affect piano pricing. If you have all the information about the pianos, you can confidently go to any piano seller or showroom and buy yourself wonderful pianos.

To buy a good piano, all you need is to know about the factors that affect the prices of the pianos. Moreover, you also have to keep in mind which piano is best to buy. However, here we will discuss the various factors affecting piano prices.

The Brand

Branded pianos would always be expensive due to their excellent reputation. It is always the primary key of every business, especially the piano business, to sell a good company’s piano at a higher price. The label on the piano affects its price more than any other factor does.

Even the age and condition of the piano don’t matter if the brand is famous. If you want to buy an expensive piano with greater demand, you should opt for brands such as Steinway and Yamaha. These pianos would still be costly even if you sell them after using them for a couple of years.

On the other hand, brands such as Young Chang and Nordiska are available at much cheaper price ranges than the latter ones. So it is the brand that matters more than any other thing does to the price of a grand piano.

Current Piano Market

If you see the demand for a piano rising, never forget that the price is going to skyrocket in a few days. Rising piano prices at such times are the only time for a company to make the highest revenue. Buying a piano at such times is nothing but a foolish act.

current piano market

On the other hand, when the demand for a particular brand gets down, the company lowers the product’s prices. It is a step to boost the company’s sales and make a good reputation.

So look for such times, when the prices are low, to buy great musical instruments at very affordable prices.

Piano Size

The price of the piano alters as you change its size. Larger pianos are expensive as compared to smaller ones. It is because the larger pianos are challenging to produce.

Moreover, they contain more parts that increase their cost price. Though size matters, the main thing that alters the price of a piano is its finishing.

If the piano is a student model, it would be cheaper. Though some advanced students use large size pianos, it is mostly used by advanced piano players.

Materials Used

Multiple materials are used to produce a single grand piano. A combination of wood, strings, metals, felts, and other fabrics are required to make an outclass grand piano. Now, the material that the piano manufacturers use to make a specific piano also determines the price of the piano.

materials used

The top brands such as Steinway and Yamaha pay much attention to the material used in the production of the grand pianos. These companies even go to such a level that they throw it away if the wood is not of a certain age or quality. For them, the quality is more important; that’s why they have a good name in the market.

Likewise, other parts of the piano are made of different materials. These include leather, metals, fibers, and strings. The hammer, cast iron plate, and a set of metal piano strings are the most expensive grand piano parts.

Working Condition and Look of The Piano

Two types of pianos are sold in the market, the new ones and the used ones. If you are looking to buy a new piano, you should have a large amount of money. Newer pianos are more expensive than used pianos.

However, if you want to buy a used piano, then comes the working condition and age of the piano. The age of the piano means how long it has been used after its first purchase. The second thing, i.e., The working condition, is that any part of the piano is not working properly or needs amendments.

look of the piano

Based on these two factors, the price of used grand pianos rises or falls. However, if you are dealing with a piano of brands such as Steinway, Yamaha, and Fazioli, then don’t expect a lower price. The price of these brands’ pianos is still high even if they are used.

Buying A Used Grand Piano

Though you can get a used piano at a better price, you should be skilled enough to inspect the piano before buying it. If you are going to buy an old piano, you must accompany a piano technician. A competent technician can warn you of the upcoming problems with the piano.

One more thing to keep in mind is to never go for a piano older than 25 years of age. These pianos may have several issues due to their long working history. Also, their parts may be rusted, broken, or even missing sometimes.

used grand piano

However, the used grand piano price is always lower than the newer one. So if you find a used grand piano in good condition, never miss the opportunity. On the other hand, new pianos are always better than the old ones in terms of performance and sound.

Price Ranges of Some Famous Piano Brands

Here is the price list of some different pianos of famous brands. These prices may be a little bit different from your regional market.


It is considered to be one of the most expensive piano-producing companies. Though the quality of the product makes the product worth its price, the prices are sky-high. The baby grand piano is available for 68,000 $ while the concert grand piano is available for 171,000 $.


It is also among the top-quality piano-producing companies. The price for a baby grand piano is  35,000$ while that of a concert grand piano is 179,000 $.


It is also the topmost expensive piano brand. The cost for a Fazioli baby grand piano is 135,000$, and that of a concert grand piano is 287,000 $.


The upright piano of a Kawaii brand is available for 8500$. Moreover, the concert grand and baby grand pianos cost 218,000$ and 21500$ respectively.


Bosendorfer is offering an upright piano for 77,000 dollars. The concert grand pianos are available for above 230,000 dollars, while the baby grand pianos are available for 122,000 dollars.


The upright pianos are available for 12,000 dollars, while the concert grands are available for 159,000 dollars.


Baldwin charges 10000 dollars for an upright piano and 63,995 dollars for concert grand pianos.


Bluthner is a bit expensive as it charges 36,000 dollars for upright pianos and 215,216 dollars for concert grands.

Mason Hamlin

Mason and Hamlin” is offering upright pianos for 28,210 dollars while the baby grand and concert grand pianos for 62,750 and 139,000 dollars, respectively.

Young Chang

Young Chang is on the other side of the piano market. It is the cheapest piano producing company. You can get a baby grand piano of this brand for only 5000 $ and for a concert grand piano, you have to pay 20000 $.

How much should you spend on a piano?

When it comes to purchasing a piano, there is no one-size-fits-all answer. The amount you spend will depend on factors such as your budget, the size of the instrument, and the level of quality you are looking for.

spend on a piano

If you are a beginner, you may want to consider investing in a less expensive model that can be upgraded as your skills improve. On the other hand, if you are an experienced player, you may be willing to spend more money on a high-quality instrument.

Ultimately, the decision of how much to spend on a piano is a personal one. However, by doing your research and taking your time, you can find the perfect piano for your needs and budget.

How to find pricing information for a used grand piano?

To get information about a used grand piano, you should consult an experienced pianist or a piano trader. A pianist knows what is best for you in a grand piano and what features would be extra for you.

Moreover, a piano trader friend might help you with the right price. So it is better to consult both the pianist and a piano trader for finding the pricing information for a used grand piano.

pricing information

Assess the price yourself

You can also assess the price of a used piano yourself by considering a few points. Those points are as follows.


First, the make and model of the piano will affect the price. A Steinway or Yamaha will naturally fetch a higher price than an unknown brand.


Second, the condition of the piano is important. A well-maintained piano will sell for more than one that is in disrepair.

The location

Third, the location where the piano is being sold can also influence the price. For example, a piano being sold in New York City is likely to be more expensive than one being sold in a small town. Finally, the seller’s motivation can play a role in setting the price. A seller who is eager to sell may be willing to accept a lower offer than the market rate.

What to look for in a grand piano?

There is no question that a grand piano can make a beautiful addition to any home. But before you go out and purchase one, there are some things you should keep in mind. In this blog post, we will discuss what to look for when purchasing a grand piano. So if you are in the market for one, be sure to read on!

what to look


If you’re in the market for a grand piano, one of the most important factors to keep in mind is durability. A grand piano is a sizable investment, so you’ll want to be sure that it will withstand years of use. There are a few things to look for when assessing durability. First, check the frame.

A well-constructed frame will be made of solid wood, with no weak joints or splintering. Next, take a close look at the keys. They should be made of sturdy material like ivory or ebony, and they should be securely attached to the keyboard.

Finally, ask about the warranty. A good quality grand piano should come with a comprehensive warranty that covers all parts and labor. By taking durability into


The action of a grand piano is an important consideration before making a purchase. The action is the mechanism that controls the movement of the hammers inside the piano. There are two types of action: direct and indirect.


Direct action grand pianos have a direct connection between the keys and the hammers, meaning that the hammers move when the keys are pressed. Indirect action pianos have an intermediary component called a tracker action, which translates the movement of the keys into hammer movement.

Each type of action has its own advantages and disadvantages. For example, direct action grand pianos tend to be more responsive, while indirect action pianos are generally more durable. Ultimately, it is important to choose an action that best suits your playing style.


One of the most important factors to keep in mind before making a purchase is the soundboard. The soundboard is a wooden panel that amplifies the sound of the strings, and it plays a significant role in the overall tone of the instrument.


A good soundboard will produce a rich, full sound, while a poor one will sound thin and tinny. When shopping for a grand piano, be sure to ask about the soundboard and make sure that it meets your expectations.

The soundboard amplifies the vibrations of the strings, and it should be made from high-quality wood for the best sound. A grand piano should have a rich, full sound that is pleasing to the ear. With a little bit of research, you can be sure to find the perfect piano for your home.

Ease of use

Before making such a large purchase, it is important to keep in mind how easy the piano is to play. If it is too difficult, you may never use it, and the money will be wasted. On the other hand, if it is too easy, you may get bored of it quickly.

ease of use

There are many factors to consider when deciding how easy a grand piano is to use. For example, how much experience do you have? Are you willing to put in the time to practice? What type of music do you want to play? Answering these questions can help you narrow down your choices and find the perfect piano for your needs.

A grand piano should be easy to play, with a smooth, responsive action. The keys should be well-weighted, and the pedals should be positioned for comfortable use.


Before making a significant investment in a grand piano, it is important to keep in mind the cost of ownership beyond the initial purchase price. These costs can include regular tuning and maintenance, which can be expensive depending on the location and availability of qualified technicians.

cost grand piano

In addition, grand pianos are delicate instruments and require careful handling, which can add to the cost if professional movers are needed. It is also important to factor in the cost of insurance, as grand pianos can be expensive to repair or replace if they are damaged.

With all of these costs considered, a grand piano may not be the right choice for everyone. However, for those who are committed to owning a high-quality instrument, the cost is likely to be worth it.

When shopping for a grand piano, keep these factors in mind to ensure that you choose the best possible instrument.

Frequently Asked Questions:

This section will discuss some FAQs to clear your mind further.

faq of grand piano

Why Are Grand Pianos So Expensive?

The grand pianos are so expensive because they are worth it. While manufacturing a grand piano, the finest quality wood veneers, top-grade spruce, expensive maples, and wool felt are used. The grand piano is made of high-quality materials to give them better sound, more durability, and more action.

How Much Does A Baby Grand Piano Cost?

The baby grand pianos price starts from 5000 US dollars and goes as far as 130000 US dollars. It depends upon the brand and the product. Young Chang Signature Series PG157 Baby Grand Piano is the lowest price baby grand piano available for only 5000 US dollars.

On the other hand, the most expensive available baby grand piano is of the Fazioli brand. Its price is about 135,000 US dollars. Undoubtedly, the later piano would have exotic finishes, which increased the overall price of the instrument.

Is A Grand Piano Worth it?

Yes, the grand piano is worth its price. It is due to the multiple features of a grand piano that make it a better choice than the upright piano. Even the entry-level grand pianos are better than an acoustic upright piano. It is due to the premium quality materials used in the production of these pianos.

The use of premium materials gives the musical instrument a better sound, action, and durability. The grand piano gives a much louder and fuller sound than other pianos.

Is Yamaha Better than Steinway?

If you want a cost-effective and brighter piano made of exotic woods for professional venues, then Yamaha is better. Steinway pianos are often more expensive with the same playing experience.

Final Words

The above article was all about the grand piano’s cost and the factors that greatly affect it. In today’s market, if one doesn’t have much know-how of the product, there are more chances that he may buy a faulty product. Moreover, buying an expensive product with limited features is also a stroke of bad luck.

final words of grand piano cost

Here in this article, we tried to discuss the price ranges of most piano brands so you might know the product’s actual price. If you have been o a piano showroom or have experience buying pianos, share your experience with us. Hit the comment button and share all your thoughts.

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