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Drywall insulation costs around $1,800, on average, but prices can range from $500 to $4,500, depending on a few different factors. The following things are important considerations to make when pricing out your insulation project:

• Square footage of insulation

• Type of insulation 

• Climate in your area and the insulation R-value required

• Whether or not your walls are already finished

• Accessibility of the area 

• Whether or not you need old insulation removed first

There are six levels of drywall finish, from 0 to 5, that refer to the amount of work performed during the finishing process.

Level 0: Drywall is hung with no finishing work.

Level 1: Tape is placed over the seams between drywall sheets.

Level 2: A thin layer of mud is applied over the tape and screw holes. This level is common for utility rooms or walls that will be covered.

Level 3: A full coat of mud covers the screw holes and tape, but the surface is not sanded. This is often used in garages.

Level 4: This is the most common finish for visible interior walls. It involves applying two coats of mud over seams and screw holes, with sanding between each coat, creating a smooth surface ready for flat paint.

Level 5: This is a high-end finish for luxury homes. It includes full taping, mudding, and sanding, plus a final skim coat over the entire surface before painting.

You can take a few steps to save money on drywall installation, even when hiring a professional to do the bulk of the work for you. These ideas include the following:

• Buy the drywall and other materials yourself to avoid product markup and delivery fees

• Ask about discounts if you use the same company to tape, spackle, and paint

• Hire drywall professionals in the winter when demand is the lowest

• DIY as many parts of the project as possible, like replacing insulation and painting

Yes, you can use drywall repair techniques for some types of plaster damage. Tiny holes and small cracks in plaster can be patched in similar ways to drywall. You apply the necessary compound to fill the hole, wait for it to dry, then sand it down. For larger damage, like water damage or mold, you need to use plaster-specific techniques and materials.