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Carpet padding costs an average of $510 to purchase and install in a 225-square-foot room. The price can range from as low as $170 to as much as $850, depending on the brand, the thickness, and the labor cost. Although carpet padding will increase the overall cost of carpet installation, it also helps the carpet hold up longer, reduces noise in the room, and provides more insulation.

Installing carpet padding is mostly a matter of measuring the room and cutting the carpet pad to size with a utility knife. You can save some money on carpet installation costs by doing it yourself. Before installing the carpet padding, you should install the tack strips around the room’s perimeter and prepare the subfloor by cleaning and making any necessary repairs. Then, unroll the carpet pad and cut sections as needed. Staple the carpet pad to the subfloor along the edges, leaving the tack strips exposed.

While it's possible to cover asbestos tile with carpet, it's not recommended. Encapsulating tile beneath carpet doesn't eliminate the health risks. Over time, the asbestos tiles could degrade, releasing fibers into the air and potentially contaminating the carpet. Disturbance during carpet installation or removal might also release fibers.

The first step in budgeting for carpet is to determine the amount of carpet you need and the type of carpet you want. You might be tempted to opt for the least expensive option if you have a limited budget, but a low-quality carpet won’t last as long as a high-quality one. When accounting for future carpet repair costs, it makes sense to buy the best-quality carpet you can afford.