Average Hourly Cost: The average hourly cost of drilling a water well in the well drilling contractor category in 2023 is estimated to be between $150 and $200, depending on the complexity of the job and the type and quality of the accessories.

Cost Breakdown: The cost of drilling a water well is typically broken down into the cost of labor, the cost of the drilling equipment, and the cost of any necessary accessories. The cost of labor is usually the largest portion of the cost and can range from $100 to $150 per hour. The cost of the drilling equipment and accessories can range from $1,000 to $2,000, depending on the type and quality of the equipment and accessories.

Factors Affecting Cost: Several factors can affect the cost of drilling a water well, including the complexity of the job, the type and quality of the accessories, and the location and service provider. The complexity of the job can affect the amount of time it takes to complete the job, and thus the cost. Additionally, the type and quality of the accessories can affect the cost, as higher-quality accessories may cost more. Lastly, the location and service provider can affect the cost, as different service providers may charge different rates for their services.