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When choosing whether to install carpet in your home, consider the pros and cons of this change:

Pros

• More affordable than laminate flooring

• Gives the room a warmer feel

• Softer on feet

• Wide variety of textures and colors

• Hides dirt easily

• Faster and easier to install

Cons

• Shows wear and tear more quickly than laminate flooring

• Shows stains

• Soaks up liquids

• May not work well in some areas, such as a bathroom

• Less durable than laminate flooring

• Susceptible to water damage, mold, and mildew

A stair runner can be cheaper than a carpet and will definitely save money over the cost of refinishing hardwood floors and stairs. The price depends, however, on the fabric and quality of the runner. A wool stair runner can be more expensive than an inexpensive polyester carpet and vice versa. Keep an eye on your budget, knowing that the higher quality the carpet and the carpet pad, the better the carpet will wear over time.

If you don’t put padding under your carpet, the carpet won’t be protected from wear on the underside. This could result in a shorter life span for your carpet and increased carpet repair costs over time. An unpadded carpet can also be less comfortable to walk on, depending on your subfloor and the type of carpet.

The cost to install carpet is $1,780 on average for 330 square feet, the size of an average living room. This cost could range from $200 to $5,000, depending on the amount of carpet, material, and type of carpet. 

If you need 500 square feet of carpet, it’ll cost $1,500 to $5,500, while 1,000 square feet of carpet costs $3,000 to $11,000. Polyester is one of the more affordable options, ranging from $1 to $3 per square foot. Wool is a more luxurious option, ranging from $4 to $20 per square foot.