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Applying plaster to a wall will usually cost between $2 and $10 per square foot for both the material and labor. The cost will vary based on the quality of the plaster you’re using and whether or not prep work is required before the work begins. Wall prep can add up to about 10% to your total costs. Plastering exterior walls can be more expensive in many cases because they are taller and require scaffolding and safety equipment.

Plaster is denser, harder, and more porous than drywall, so it absorbs moisture differently. This means you’ll often need more prep work, such as thorough sanding, patching, and priming with a high-quality bonding primer. Additionally, you may need more coats of paint to achieve even coverage. While the process takes more time, it helps ensure a durable and professional-looking result.

It is possible to apply plaster on the interior or exterior of your home, but we don’t recommend it. Plaster is easy to apply in theory, but in reality, it can be a challenging material to work with, and it’s difficult to get the finished product to look clean, even, and smooth. Many DIYers end up calling in a professional afterward to touch up the area or even redo it entirely because of mistakes they made in the process. Hiring a plaster pro will cost more, but it’s usually the best option to achieve high-quality results.

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