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On average, installing carpet costs between $3 and $11 per square foot, depending on factors like the carpet material, style, and labor rates in your area. Sometimes, installers will include carpet removal in these costs, so if you don’t have any carpet to remove, you can save time and spend less money on labor.

When deciding whether to repair or replace your carpet, consider its age, the extent of the damage, and its location. It's often best to replace the entire carpet if the damage is extensive, such as large sections needing replacement, or if it's caused by water, which can lead to mold problems. Similarly, if your carpet is nearing a decade old, replacement is likely the more logical choice. On the other hand, consider repairing your carpet if the damage is localized to one spot, like minor rips or snags, the carpet is still relatively new, or the damage is in a low-traffic area of your home.

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.