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The cost of new flooring materials depends on the type of flooring, its quality, installation method, and additional features. While some options, like solid hardwood flooring, may be more expensive than carpet initially, others, such as vinyl and laminate, offer more budget-friendly alternatives. Ultimately, the overall expense can be influenced by factors like longevity, maintenance requirements, and desired aesthetic, making it essential to consider the long-term value of each material.

Poured-in-place terrazzo flooring is more durable than tile. In fact, it’s one of the most durable types of flooring on the market. It can last anywhere from 40 to 100 years, depending on maintenance. On average, you can expect your terrazzo floor to last about 75 years, but you will have to make repairs as needed.

Because cork flooring has a low-impact feel and is water-resistant, it is a good choice for kitchens. It makes standing to chop vegetables and stir soup for long periods of time feel much easier on your feet and legs. But keep in mind that spills can cause cork to swell if they sit for too long, so if you’re a messy home chef, keep plenty of towels nearby to keep your cork floors in good condition.

Decent carpet will last around 10 years on stairs. Some less durable carpets, like polyester, will only last five years on stairs. The ideal carpet, like wool or nylon, can last about 15 to 25 years. You’ll know when to replace it when it starts wearing down. You may have to replace it sooner if it's stained, whether due to water damage or pets.