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Drywall insulation costs around $1,800, on average, but prices can range from $500 to $4,500, depending on a few different factors. The following things are important considerations to make when pricing out your insulation project:

• Square footage of insulation

• Type of insulation 

• Climate in your area and the insulation R-value required

• Whether or not your walls are already finished

• Accessibility of the area 

• Whether or not you need old insulation removed first

Yes. Proper, complete insulation will ensure that you trap the most cool or warm air inside your home, preventing high energy bills. In addition, insulation tends to settle and compress, leaving gaps over time; the more you insulate completely during the initial installation, the less you’ll need to do down the line.

According to a report from Energy.gov, radiant barrier installations can save between 5% and 10% on your energy bill each month that your HVAC cooling is in operation. That fact can mean savings of up to more than $325 per year for homes that experience frequent direct sunlight and high summer temperatures. 

Ideally, you can add new insulation to your existing insulation. However, some circumstances require you to remove old insulation before adding any new insulation: 

• If the insulation is over 15 years old

• If the insulation is wet or moldy

• If it is vermiculite insulation

• If you see signs of pest infestation

Removing old insulation is best left to a pro who can safely dispose of potential moldy or asbestos-ridden insulation.