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When it comes to materials, wire fences are the cheapest option. The average cost for a 150-foot wire fence is $1,350. The next cheapest material is chain-link, followed by wood.

As far as the style of fence, smaller, less private fences are cheaper than large, elaborate fences that block your whole yard. That’s why split-rail fences are the cheapest option for wooden fences. They cost roughly $10 to $30 per linear foot.

Fence pickets typically face out (away from your home or the garden that you're enclosing). Both the rails and pickets sit on the outside of a fence so that anyone passing by can see the finished side. Not only does the look increase your curb appeal, but it's also the neighborly thing to do when placing a barrier between two properties, even when you're installing a privacy fence.

There are several options for post materials. Depending on where you live, the weather, and what kind of durability you want, you can choose from wood, steel or concrete posts for a barbed wire fence. Your corner and end posts should be especially strong in order to maintain the structural integrity of the fence. 

Yes, installing wrought iron fencing will usually require a building permit, as do all types of fencing. Building permits for wrought iron fencing typically cost between $150 and $500, and the price will vary based on where you live and how much your local building department charges. You may also need to pay for a property survey if you’re installing wrought iron fencing on your property line. This type of survey can cost around $500, but it prevents issues with building on neighboring properties, which can be much more expensive in the long run.