When comparing hardwood and carpet, hardwood flooring is usually the more expensive option. The average cost of carpet per square foot is $3, whereas the average price of hardwood floors per square foot is $8.
For more exact numbers, the cost of hardwood floors typically runs between $12 and $20 per square foot, while carpet is $7 to $12 per square foot. It may not seem like a big difference, but that means that for a 140 square foot room, it would cost between $1,680 and $2,800 for hardwood and $980 and $1,680 for carpet.
Quality, well-maintained carpet can last about 10 to 15 years, but typically needs to be replaced if it becomes worn out or stained. Conversely, hardwood flooring can withstand significantly more wear, tear and spills without needing to be replaced. Good quality hardwood floors can last a lifetime when well maintained.
Installing hardwood floors in a 1000 sq ft area typically costs between $7,000 and $25,000, with most homeowners paying an average of $16,000. This wide range reflects the variations in wood type, labor costs, and the complexity of the project.
Hardwood floors last longer than carpet, can be easier to keep clean, and can be refinished. In the end, though, the decision about whether to install hardwood floor or carpeting in a bedroom should be based on your personal preference, at least if you intend to stay in the home for a few years.
If you're thinking about selling your house, one upgrade that can increase your home's resale value is hardwood flooring. Potential home buyers may be looking for that extra bit of charm that wood floors offer.
By far, the longest-lasting surfacing material is natural wood flooring. As a hard, natural material, wood can last a very long time with the proper maintenance and care. This means adjusting the lay of the wood every so often, sanding it down every, and ensuring that the wood doesn't get damp during the winter.
The national average cost to install hardwood flooring is $6 to $12 per square foot for labor and material fees. For higher-end wood and larger spaces, like if you're redoing your entire first floor in hardwood, you may pay more—possibly between $13 and $25 per square foot.
Durable and moisture-resistant choices like ceramic tile, porcelain tile, vinyl plank, linoleum, or engineered hardwood work best in the kitchen. Waterproof tile, vinyl, linoleum, and rubber floors are ideal for humid bathroom spaces. Plush or frieze carpeting helps provide a quiet, cozy bedroom environment.
Stability — In certain conditions, solid hardwood flooring can warp; engineered flooring is more resistant to this. Lifespan — Solid hardwood flooring lasts longer than engineered flooring because it can be sanded and refinished many times.
The comfort factor
That's why carpet is often the choice for nursery flooring, bedroom flooring and game room flooring. While hardwood floors simply don't have the same warmth and coziness as carpet, homeowners who prefer wood can use an area rug to soften the feel of bedroom hardwood flooring, for example.
Natural fibers are set to be a significant trend in carpets in 2024. Homeowners increasingly opt for carpets made from natural materials such as wool, sisal, jute, and seagrass. These natural fibers add a touch of luxury and sophistication to your space and come with a host of practical benefits.
Hardwood is Better at Handling Heavy Foot Traffic
Over time, the fibers will wear out, and the carpet will become discolored, often requiring a total replacement. Hardwood floors are much more durable and have a significantly longer lifespan, even under heavy foot traffic.
Hardwood and tile first, then trim, and carpet last. - Once the carpet goes in on the tack strips, the trim can sandwich it so that you can't get it out when it needs replacing without taking off the baseboards. - You want the trim a consistent height off the subfloor.
Sheet vinyl is among the most affordable flooring options, and it's very durable, too. You can buy sheet vinyl for as low as $0.50 per square foot, and it can last you 10 to 20 years.
Conclusion: What Flooring is Best Value for Money
For the best balance of affordability, durability, and looks, consider luxury vinyl plank (LVP).
Installation Costs
Professional installation fees range from $3 to $8 per square foot. If DIY isn't your thing or you prefer professional-quality results, it might be worth the investment. So, for 1000 square feet, installation could cost between $3,000 and $8,000.
Top 6 Most Popular Flooring in New Homes 2025. The most popular flooring in new homes is wood floors, including prefinished hardwood, unfinished hardwood, and engineered wood followed by laminate, luxury vinyl tiles, and luxury vinyl planks.
Tile Flooring
Durable and truly timeless, porcelain tile, ceramic tile and stone tile have long been go-to options for pet owners. Here's why it's some of the best flooring for dogs: Benefits: Tile is a durable, long-life material.
Timeless and Increases Home Value
Hardwood not only enhances the appearance of your home but can also significantly increase its market value. Buyers often prefer hardwood for its quality and are willing to pay more for it, making hardwood floors a wise investment in the long run.
Forbes estimates that hardwood flooring, on average, costs about $3,000 to $6,000 per 500 square feet of space. Something many people don't consider is the shape of that space.
Light Wood Floors: The Versatile Option
There's something inherently timeless about light wood floors. They bring a sense of freshness, openness, and brightness to any room. Light hardwood floor colors like Maple, Birchwood, and Hickory have a classic appeal that never fades.
Luxury Vinyl Plank (LVP) flooring is one of the best waterproof and scratch-proof flooring options. It gives a natural hardwood look and offers great durability and resistance to water and scratches. Luxury Vinyl Plank is made up of multiple layers, including a tough top layer that protects against scratches and dents.
Flooring systems last for years but eventually require replacing. With the proper care and maintenance, a carpet can have a service life of around 10 years, while laminate and wood flooring types can last up to 30 years. However, there's more than service life to consider when deciding when to replace the flooring.