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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.

The first step in budgeting for carpet is to determine the amount of carpet you need and the type of carpet you want. You might be tempted to opt for the least expensive option if you have a limited budget, but a low-quality carpet won’t last as long as a high-quality one. When accounting for future carpet repair costs, it makes sense to buy the best-quality carpet you can afford.

While it is possible to install carpet yourself, it is a challenging DIY project that requires precise measurement, proper cutting skills, and knowledge of correct installation techniques. The process involves multiple steps, including removing old flooring, installing underlayment and tack strips, and stretching the carpet to prevent wrinkles, which can take several days to complete.

Before starting, consider these factors:

• Warranty: Many manufacturers' warranties are voided if the carpet is not installed by a professional.

• Tools: You will need to buy or rent specialized equipment like a knee kicker, carpet stretcher, and seam roller.

• Complexity: DIY installation is most suitable for simple, straightforward rooms. Projects involving stairs or floor vents are significantly more difficult.

• Cost: While you can save on labor, the cost of tools plus the risk of expensive mistakes—which may require re-installation—can make hiring a professional more cost-effective in the long run.

Given the potential for errors, voided warranties, and the need for special tools, hiring a local carpet installer is often recommended to ensure the job is done correctly and safely.

The average cost to install new flooring is around $3,162, with a typical price range between $1,530 and $4,860. On a per-square-foot basis, you can expect to pay an average of $3 to $22, including installation. Several factors influence the total price, including the flooring material, project size, geographic location, and any special features. Material choice is a significant cost driver; vinyl plank, linoleum, and carpet are on the lower end ($3 to $7 per square foot), while stone, tile, and hardwood are more expensive, with hardwood reaching up to $22 per square foot. Prices can also vary by region, and installing flooring on stairs will add to the cost, typically ranging from $11 to $160 per step.