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The average cost to install a wrought iron fence is around $3,150, with typical project costs ranging from $470 to $10,500. The final price can vary significantly based on several factors, including the fence's total length and height, design complexity, metal thickness, and your property's topography.

For materials alone, you can expect to pay around $25 to $35 per linear foot. When including installation, the cost is typically between $50 and $70 per linear foot.

Additional factors that can influence the total cost include:

• Custom designs, decorative flourishes, gates, and columns

• Labor costs in your area

• The need for permits

• Land preparation, such as old fence removal, tree or bush clearing, and land grading

For an accurate estimate, it is best to consult a professional fence installer with the specific measurements and design requirements for your project.

The ideal spacing for four-by-four residential fence posts is usually about 6 to 8 feet between posts. However, if the fence is particularly high or you live in a very windy region, you might want to space them closer together for better stability. A fence pro can help you decide on your post spacing. 

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.

A wrought iron fence is generally considered a worthwhile investment, provided the cost fits your budget and its characteristics meet your needs. While it is an expensive material, its exceptional durability and longevity mean you can save money over time by not having to replace it.

Key benefits include:

• Durability and Security: Wrought iron is strong and provides excellent security for your home.

• Longevity: With proper maintenance, it can last a lifetime or longer.

• Aesthetics: It offers a classy, timeless, and elegant look that can boost your home's curb appeal and property value, especially when complementing brick or stone architecture.

However, it's important to note that wrought iron fencing does not offer much privacy. If professionally installed and maintained, it is a sound long-term investment.