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In the vast majority of cases, chain-link fences are less expensive than wood fences. Installing a wood fence costs anywhere from 20% to 30% more than a chain-link fence, or an average of $3,100, whereas a similarly sized chain-link fence will average around $2,400. Even with add-ons and additional protective finishes, a chain-link fence is very likely to cost you less than a wood fence. The only exception would be a split rail wood fence, which can cost about half the price of a chain-link fence or less.

Knowing how close to the property line you can build a fence is an important planning step in your fence installation project. In many U.S. states, you are allowed to build a fence directly on the property line as long as your neighbor signs off on the plan. But check with your state government because some states and municipalities require a couple of inches before your property line.

Most homeowners who install a wrought iron fence do so because it provides security. The material is sturdy and deters intruders from entering your property. They're also built to last and won't rust if you purchase a galvanized iron fence. So, you don't have to worry about replacing fencing every few years like you might with wood or other less expensive materials. Most homeowners also adore the look of wrought iron fencing, which adds a timeless look to just about any style home.

Black chain-link fences last an average of 15 to 20 years. The thicker a fence's wire gauge, the longer it will tend to last. The black vinyl coating gives the fence rust and corrosion resistance, but its life span may be lower in wet, humid, or coastal climates where moisture or salty air can corrode the coating more quickly.