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Installing drywall will cost between $1.50 and $3 per square foot for materials, labor, and finishing, which is quite a bit lower than the average of $9 to $13 per square foot for a drop-tile ceiling. So, while drop ceilings allow more design flexibility, provide easy access to utility lines above them, and are often much easier and less expensive to repair, they do cost more upfront. You can minimize your drop ceiling cost by opting for more affordable fiberboard panels, although some homeowners don’t like the look of this material.

The time it takes for thinset to dry is determined by your room’s ambient temperature and humidity levels. Assuming the average humidity level is around 40% with an average temperature of 70 degrees Fahrenheit, thinset can dry within 48 hours. Lower temperatures and higher humidity can extend the curing process beyond 72 hours, while high heat and zero humidity can shorten the curing process. However, thinset can crack if it dries too fast.

You’ll get better results if you soundproof the whole wall. A hole through which light can pass can also let sound waves in. Acoustical or silicone sealant applied to holes and cracks can block enough sound to make a difference. However, the more layers absorb vibrations and slow or stop sound waves, the less noise you’ll have. 

You can drywall an unheated garage because the material handles cold temperatures perfectly well. There are no risks or downsides to installing drywall in a garage that is not heated, and the material stands up to moisture and other elements quite well. Drywall will protect your unheated garage's electric wires and cables and add fire protection. However, for effective bonding, you should install drywall at a temperature of 55 degrees Fahrenheit or higher.