Thinking about upgrading your floors? Whether you’re dreaming of elegant hardwood, cozy carpet, or waterproof vinyl, new flooring can totally transform your space. But before you start picturing your brand-new floors, let’s talk numbers—because flooring costs can vary a lot depending on what you choose.
Flooring installation costs typically range between $2 to $20 per square foot, including both materials and labor. That means for a 500-square-foot space, you could be looking at anywhere from $1,500 to $10,000. If you go for high-end materials or custom designs, the price can climb even higher. According to Bankrate, opting for high-end materials could result in a total price of $25 per square foot, including installation.
Your flooring choice will have the biggest impact on price. Here’s what you can expect to pay per square foot, including installation:
(affordable and stylish)
(classic and long-lasting)
(durable and water-resistant)
(soft and budget-friendly!)
Each material has its perks—hardwood is timeless, vinyl is waterproof, and carpet is great for warmth. Your best pick depends on your style, budget, and how much foot traffic your floors will see.
| Flooring Type | Material cost | Installation Cost | Total Cost (Installed) |
|---|---|---|---|
|
Laminate |
$3 – $8 |
$2 – $4 |
$5 – $12 |
|
Hardwood & Vinyl |
$2 – $16 |
$2 – $5 |
$2 – $20 |
|
Tile |
$5 – $22 |
$2 – $6 |
$7 – $30 |
|
Carpet |
$1 – $6 |
$2 – $6 |
$3 – $12 |
The cost of labor usually falls between $1 to $6 per square foot, but this depends on several factors:
If you’re handy, DIY-friendly options like laminate or vinyl plank can save you some serious cash. But for hardwood or tile? You’ll probably want to call in the pros.
Before installing new floors, you might need to remove the old ones. Flooring removal costs typically range from $1 to $3 per square foot, depending on the material:
If the old flooring is glued down or nailed tightly, expect additional costs for labor and disposal.
New flooring isn’t just about picking a material—you may also run into these extra expenses:
These little extras can add up fast, so make sure to budget accordingly!
New flooring doesn’t just make your home look great—it can boost its value, too! Here’s what you can expect in terms of ROI:
(highly desirable for homebuyers)
(cost-effective but stylish)
(great for kitchens & bathrooms)
(comfortable but less valuable over time)
Hardwood and vinyl flooring tend to offer the best resale value, especially in main living areas, while carpet is often seen as a short-term solution.
Want to get stunning new floors without spending a fortune? Here are a few tips:
Not sure what flooring is best for your space? Here’s a quick guide:
New flooring is one of the best ways to refresh your home, and with so many choices, there’s something for every style and budget. Whether you splurge on beautiful hardwood or keep it practical with vinyl, knowing the costs upfront helps you make the best decision. Ready to get started? Start comparing options and get that dream floor you’ve been waiting for!
