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Radiant barriers and insulation serve different purposes, so one is not inherently better than the other. Radiant barriers reflect radiant heat, helping keep spaces cool, especially in hot climates, while insulation slows heat transfer through conduction. For optimal energy efficiency, it’s best to use both together. 

Radiant barriers can enhance the performance of insulation by preventing heat gain in the summer and heat loss in the winter. The choice between them depends on specific climate conditions and the building’s design requirements.

On average, insulating an attic costs about $2,500, with a typical range of $1,500 to $3,500. The final price often depends on the attic's size, with costs generally falling between $1 to $3 per square foot. For example, insulating a 1,800-square-foot attic would likely cost between $1,800 and $5,400.

If the project involves removing old insulation, this can add an average of $900 to the total cost, bringing a full removal and reinsulation project to around $3,000.

Several factors influence the overall cost:

• Insulation Type: Prices per square foot vary significantly by material.

• Reflective: $0.50–$1.50

• Blown-in: $1–$4

• Batt: $2–$4

• Loose-fill: $2–$5

• Spray foam: $2–$5

• Structural insulated panels (SIPs): $4–$7

• Project Complexity: Factors like sealing air leaks, poor attic accessibility, and required inspections can add to the cost.

• Removal Issues: The discovery of mold, asbestos, or pests during the removal of old insulation can substantially increase the price.

While there are many different kinds of insulation, spray foam, blown-in, foam board, and batt and roll are the four types you’re most likely to see. That doesn’t mean they’re alike, though. Each one varies drastically in terms of cost, materials used, and how they’re installed—not to mention, how well they limit heat transfer.

The best type of attic insulation depends on where you live, your budget, and what stage of construction the attic is in. For example, if you're building a house, then structural insulated panels are a worthy investment since they're easy to install during construction and they're the most energy-efficient type of insulation.  

Additionally, if you live in a very warm climate, then you can potentially save quite a bit of money by opting for reflective insulation, which is more affordable than comprehensive insulation but doesn't work well for cool climates. Blown-in, loose-fill, and spray foam insulation are all great options for attics in moderate climates.