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The most durable metal for a fence is wrought iron. With proper care, a wrought iron fence can last for centuries. This means regular resealing to stave off rust and corrosion, especially in coastal climates with salty sea air. In these environments, chain link and corrugated fencing tend to stand up better to the elements with fewer maintenance needs.

Hedges are a better financial investment for a home than fences in several ways. First, hedges are less expensive to install than fences. Fence installation costs $1,775 to $4,600, depending on the type and size. You can also choose to plant smaller and less expensive hedges, knowing that it will take longer for them to mature. Next, mature hedges add resale value to the home, meaning the cost savings get even better when it's time to sell.

The cheapest fence to install is likely to be a wire fence, whether it’s hog wire or chicken wire. Closely following that is something repurposed that would be free to collect, like a DIY pallet fence. Most wire fences are available in large quantities at a low cost, so they’re great for homes with a tight budget.

Galvanized metal, vinyl, and composite fences are known to be the longest-lasting options, often surviving for over 30 years with proper care. Metal fences, including galvanized chain link and aluminum, can look great for decades because the galvanization process adds a protective coating that resists weather and pests. Similarly, vinyl and composite materials are resistant to pests and can withstand harsh weather for many years. In comparison, a typical wood fence lasts about 15 years, and a standard vinyl fence has a lifespan of 20 to 30 years.