person installing new carpet flooring

Compare Flooring Costs: carpet, laminate, hardwood, and more

Flooring plays a huge role in the overall look and feel of a home. It can instantly transform a space and make it look more modern or classic. But before picking out a new flooring, homeowners have to consider the cost. With so many options available in the market, it can be overwhelming to determine the most cost-effective flooring option. Let’s break down the cost factors involved in the installation and materials of different flooring types.

1. Carpet Flooring

Carpeting is a popular option for bedrooms and family rooms, as it is soft and comfortable underfoot. The installation cost can be somewhat reasonable, typically ranging from $2 to $6 per square foot. Carpet materials can range from $1 to $8 per square foot, depending on the quality of the carpet you choose (average price is around $2). If you are looking for a high-quality carpet, the materials cost can go up into the double digits per square foot. Keep in mind that carpet will require regular professional cleaning to maintain its appearance, which can be an extra cost to consider.

Keep Reading: How much does it cost to replace carpet in one room?

2. Laminate Flooring

Laminate is a popular, cost-effective flooring option that mimics the look of hardwood, tile or stone. The installation of laminate can be as low as $1 to $3 per square foot, depending on the complexity of the job. Laminate materials can cost between $0.70 and $5 per square foot. There are many design options available, so the prices will vary based on your preferred look. Laminate is also relatively easy to maintain and clean, which can save you money on cleaning products and services.

3. Hardwood Flooring

Hardwood flooring is a classic and timeless choice that can increase the value of a home significantly. However, it’s also one of the most expensive flooring options. The cost of hardwood flooring installation ranges from $8 to $14 per square foot, and the cost of the material can range from $4 to $12 per square foot. Due to the installation cost, hardwood flooring installation can be two to three times more expensive than the cost of materials alone.

4. Vinyl Flooring 

Vinyl flooring has come a long way in recent years and now comes in a variety of styles and patterns that can mimic the look of hardwood or tile. The cost of vinyl flooring installation ranges from $1 to $5 per square foot, and the cost of the material can range from $1 to $5 per square foot. Depending on the quality of the product, vinyl flooring can be the most cost-effective flooring option.

5. Tile Flooring: 

Tile flooring can add a touch of luxury and elegance to any home. However, it’s important to note that it’s also one of the most expensive types of flooring. The cost of tile installation ranges from $10 to $20 per square foot, and the cost of the material can range from $1 to $20 per square foot. Due to the cost of installation and material, tile flooring can be the most expensive flooring option.

While some flooring options have a higher cost of materials, others have a higher installation cost. Therefore, it’s important to consider these factors when choosing the best flooring option for your home. It’s also to keep in mind that some flooring options last longer than others and some options may be considered a better investment than others.