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The cost to install or upgrade insulation generally ranges from $1.50 to $4.00 per square foot. The final price depends on factors such as the type of insulation chosen, the total area to be covered (home size), and local labor costs.

The primary downside of radiant barriers is their limited effectiveness in cold climates. They are designed to reflect radiant heat, making them less beneficial in cooler conditions where heat retention is more important. 

Radiant barriers require proper installation to maximize effectiveness. Incorrect placement can lead to minimal benefits. They also do not provide insulation, meaning they should be used in conjunction with traditional insulation for optimal energy efficiency. 

Unfaced wall insulation is easier to cut and install, making it the better choice for a DIY project. It’s also more affordable. But if it’s unfaced, you’ll likely need to add a vapor barrier to reach your desired R-value and efficiency, as it doesn’t offer any moisture barrier.

Faced insulation uses paper or foil to create a built-in barrier and doesn’t require an extra step. It’s also more fire-resistant and safe. But it’s quite a bit more expensive and a little bit harder to work with as a DIYer.

Insulating windows with plastic works, but it can be time-consuming, and the end results can—and often do—end up lacking in aesthetics. Window film and caulking your windows to make sure there are no drafts are two options that increase the energy efficiency of your home in a low-cost way. Plastic can be a good strategy while you consider alternatives.